Horseman Capital Management’s Biggest Bets

John Horseman’s Horseman Capital Management is also amongst those hedge funds that are obliged to disclose their equity holdings for the end of the second quarter. The fund revealed ownership of 26 long equity positions, worth more than $322 million. Over the quarter, Horseman acquired eight new stocks, sold out of five previous holdings, and added to 11 of its preexisting holdings. In this article we will take a look at its top three positions for the quarter in order to find out if any of then deserve further research and could be considered as potential investment options.

First off is Vipshop Holdings Ltd – ADR (NYSE:VIPS), a $12.35 billion Chinese online discount retailer that saw Horseman boost its stake by 8% over the second quarter of the year. The fund last declared ownership 270,563 shares, worth more than $50 million. This position accounts for more than 15% of Horseman’s equity portfolio’s total value.

Vipshop Holdings Ltd

Some other major funds are also betting on Vipshop Holdings Ltd – ADR (NYSE:VIPS). For instance, the largest hedge fund shareholder of record –a mongst those that we track -Tiger Global Management’s star hedge fund Tiger Global, managed by Feroz Dewan, upped its exposure to the company by 9% over the quarter, and now owns 2.42 million shares. Another fund with a big stake in Vipshop Holdings Ltd – ADR (NYSE:VIPS) is John Burbank’s Passport Capital, which last disclosed ownership of 1.59 million shares, following the disposal of 201,434 shares during the second quarter.

Mr. Horseman’s second largest stake is in The Bank of New York Mellon Corporation (NYSE:BK), a $44.6 billion global investment company. Between April 1 and June 30, the fund added 18,900 shares of The Bank of New York Mellon Corporation (NYSE:BK) to its holding, and now owns 894,200 shares of the company, worth more than $33.5 million.

Mario Gabelli’s GAMCO Investors and Warren Buffett’s Berkshire Hathaway can be also counted amongst the company’s investors. While GAMCO owns a $239 million stake, or 6.38 million shares, in The Bank of New York Mellon Corporation (NYSE:BK), Berkshire Hathaway owns almost $1 billion in stock, equal to 24.65 million shares. The largest hedge fund shareholder (amongst those that we track) is Mason Hawkins’ Southeastern Asset Management, with 34.54 million shares of The Bank of New York Mellon Corporation (NYSE:BK).

Last on this list is another company present in Mr. Buffett’s and Mr. Gabelli’s equity portfolios: Wells Fargo & Co (NYSE:WFCwhich is one of the biggest banks in the World. This $268 billion market cap diversified financial services company saw Mr. Horseman acquire 12,400 shares over the second quarter. His fund now owns 577,100 shares, worth roughly $30 million.

As most knowledgeable investors and finance aficionados already know, Wells Fargo & Co (NYSE:WFC) is Warren Buffett’s most valuable equity holding. The fund recently disclosed ownership of more than 463 million shares of the company, worth more than $24 billion. For his part, Mr. Gabelli, holds 4.44 million shares of Wells Fargo & Co (NYSE:WFC). Other major investors betting on this financial giant are Ken Fisher of Fisher Asset Management –with 18.5 million shares, and Tom Russo of Gardner Russo & Gardner – with 14.6 million shares.

Disclosure: Javier Hasse holds no position in any stocks or funds mentioned.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!