WebMD: Should We Imitate Carl Icahn?
The Healthcare Information Technology (HCIT) sector has traded well into the 30.0x forward multiple range in the past given White House support for a move toward electronic medical records, cost cutting...
Hedge Fund - Kensico Capital
Michael Lowenstein Bio, Returns, Net Worth
Kensico Capital Management is a Connecticut-based hedge fund that was co-founded by Michael Lowenstein and Thomas Coleman in January 2000. Kensico primarily invests in stocks but they invested in credit default swaps in late 2006 and profited handsomely. Coleman, 45 years old, was employed by Halo Capital Partners as a partner prior to founding Kensico. Prior to Halo Capital, Coleman was the CEO of PTI Holding Inc., a manufacturer of bicycle accessories, between 1990 and 1995.
Fund Profile
Showing:
| Fund Name: | Kensico Capital |
| Manager | Michael Lowenstein |
| Portfolio Value | $2,956,032,000 |
| Change This QTR | +1.15% |
Top Holdings
Showing:
Sorted by:
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | WBMD | 6,577,901 | $247,000 | +14% |
8.35% | |
| 2.) | SUG | 5,696,834 | $239,894 |  |
8.11% | |
| 3.) | V | 2,084,800 | $211,670 | |
7.16% | |
| 4.) | GOOG | 322,600 | $208,367 | |
7.04% | |
| 5.) | WMB | 5,670,000 | $187,223 | -27% |
6.33% | |
| 6.) | Liberty Media Corp |
2,329,500 | $181,817 |  |
6.15% | |
| 7.) | PM | 2,245,000 | $176,188 | |
5.96% | |
| 8.) | EBAY | 3,950,000 | $119,804 | +16% |
4.05% | |
| 9.) | SBUX | 2,280,200 | $104,912 | |
3.54% | |
| 10.) | KO | 1,490,800 | $104,311 | |
3.52% | |
| 11.) | EP | 3,792,600 | $100,769 | -13% |
3.4% | |
| 12.) | CMCSK | 4,079,600 | $96,115 | -27% |
3.25% | |
| 13.) | ESRX | 2,135,000 | $95,413 | +111% |
3.22% | |
| 14.) | FST | 5,654,054 | $76,612 | |
2.59% | |
| 15.) | TKLC | 6,974,844 | $76,235 | |
2.57% | |
| 16.) | FISV | 1,087,575 | $63,884 | -8% |
2.16% | |
| 17.) | NLY | 3,884,900 | $62,003 | +5% |
2.09% | |
| 18.) | TTWO | 4,171,700 | $56,527 | +1% |
1.91% | |
| 19.) | YHOO | 3,152,000 | $50,842 | -9% |
1.71% | |
| 20.) | CMCSA | 1,918,200 | $45,481 | |
1.53% |
News, Interviews and Investor Letters
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Michael Johnston’s Steelhead Partners Cut Its Stake In Scorpio Tankers
Michael Johnston’s Steelhead Partners reported on December 28th for its 4.8% passive stake in Scorpio Tankers Inc. (STNG). Steelhead Partners now has about 1.83 million shares in the stock, after a...
Carl Icahn’s Icahn Capital Filed For $CLX, $WBMD, and $MMI
Carl Icahn’s Icahn Capital recent disclosed its activist stakes in Clorox Co (CLX), Webmd Health Corp. (WBMD), and Motorola Mobility Holdings, Inc. (MMI). Carl Icahn disclosed his amendments to his...
Hedge Funds Make Big on Tekelec $TKLC
Tekelec (TKLC) shares rose 14.04% in trading on Monday. According to Reuters, the increase came on the realization that "the Siris Capital-led private equity takeover of network technology provider Tekelec...
George Soros’ Soros Fund Management Bought More $WBMD
George Soros’ Soros Fund Management announced a 5.6% passive stake in WebMD Health Corp. (WBMD) on October 24th after Carl Icahn reported a 7.94% activist stake three days ago. According to Soros Fund...
Carl Icahn Reported 7.94% Activist Stake in $WBMD
Legendary corporate raider Carl Icahn announced a 7.94% activist stake WebMD Health Corp (WBMD) on October 21th, pushing the stock up by 2% in the same day. Carl Icahn did not report any share in WBMD...
Hedge Funds Gain Big on News of El Paso $EP Purchase
El Paso Corp (ES) was up over 23% on Monday morning in news that Kinder Morgan would buy the company in a deal estimated at over $20.7 billion. Shares rose from $19.59 at close Friday to trade at $24....
Natural Gas Stocks Heat Up Hedge Fund Portfolios
Insider Monkey is the premier site for monitoring the activity of hedge fund managers because they have sought the edge through extensive research on public companies and by seeking experts to guide them...
Michael Lowenstein and Kensico Capital’s Outstanding Stock Picks
Kensico Capital Management is a Connecticut–based hedge fund that was co-founded by Michael Lowenstein and Thomas Coleman in January 2000. Kensico primarily invests in stocks but they invested in credit...
11 Energy Companies Hedge Funds Are Buying Like Crazy
Insider Monkey follows hedge fund managers because they're the smartest investors around. They leave less to chance than most investors. They go great lengths to get an “edge” over ordinary investors...
Richard Perry and Perry Capital’s Recent Portfolio Activity
Richard Perry’s Perry Capital has a very long and successful track record of beating the market by taking less risk than the market. During the past 22 years, Perry Capital had only one losing year...
