Twenty-First Century Fox & MasterCard Among Chase Coleman’s Largest Holdings for Long Haul

Fox was one of the favorite mass media stocks among billionaires, with twenty investors reporting long positions in the company. Donald Yacktman, Jeffrey Ubben and Boykin Curry are three other prominent investors in Twenty-First Century Fox Inc (NASDAQ:FOXA), holding 39.21 million shares, 30.30 million shares and 27.56 million shares respectively.

Mastercard Inc (NYSE:MA) is next on the list with Tiger Global Management holding 7.21 million shares, down by 5% on the quarter; the value of the stake amounts to $621.56 million. The investor initiated a stake in Mastercard Inc (NYSE:MA) more than five years ago. It is important to mention that the stock gained about 3% during 2014, and is expected to be able to grow revenue in the upcoming future due to the decline in the use of cash in the entire world. The company is trying to expand the business, focusing on a technology that should help transactions been done faster. Transaction volumes for credit and debit cards and other payment methods depend on consumer spending. With actual scenario of lower gasoline prices, consumption growth should be solid in 2015. Mastercard was one of the most popular financial stocks among hedge funds that we track. The largest shareholder of Mastercard Inc (NYSE:MA) is Stephen Mandel’s Lone Pine Capital, which upped its stake by 33% on the quarter to 20.03 million shares held as of the end of 2014.

Next in line is TransDigm Group Incorporated (NYSE:TDG), which represented the fourth-largest holding in terms of value at the end of the fourth quarter of 2014. The fund cut its stake by 1% to some 2.55 million shares. However, the contribution in the fund’s portfolio still remains at a significant level of 5.89%, valued at $499.44 million. Meanwhile, TransDigm Group Incorporated (NYSE:TDG)’s stock gained almost 23% in 2014.  Alan Fournier’s Pennant Capital Management is one of the funds that slashed their positions in TransDigm Group Incorporated (NYSE:TDG) as it reported holding 1.89 million shares, down by 12% on the quarter.

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