Tesla Motors Inc (TSLA): The 10 Most Bullish Money Managers

Tesla Motors Inc (NASDAQ:TSLA), a manufacturer of electric cars and electric vehicle powertrain components led by billionaire Elon Musk, is buzzing these days to touch an all time high of $ 53.56 on April 26th, before closing the day at $51.20. Tesla Motors Inc (NASDAQ:TSLA), which is headquartered in Palo Alto, California was founded in 2003 and has an employee base of around 3000 people.

The reason behind this recent activity in stock price is also believed to be its upcoming financial results for the first quarter of this year, which are scheduled to be declared on the 6th of May. Also, earlier this month, the company entered into a partnership with Wells Fargo & Co (NYSE:WFC) and US Bank to create a revolutionary automotive financing product which will help Model S customers, and possibly, sales.

Photo Credit: Steve Jurvetson

Some of the other players in the industry are Honda Motor Co Ltd (ADR) (NYSE:HMC), Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) but only Tesla Motors Inc (NASDAQ:TSLA) has the specialized competency to manufacture electronic vehicles.

While Mr. Market is betting big time on Tesla Motors Inc (NASDAQ:TSLA), there are players including some big hedge funds which have a bullish outlook on this counter. The largest bull among all hedge funds is Cupps Capital Management managed by Drew Cupps holding 598,943 shares of the company valued at $ 30,665,882. Drew also increased its stake in the company by 12% in the period under discussion.

Highside Capital Management managed by Lee Hobson holds the number two position with 284,325 shares in his portfolio. The value of his holding at the last closing price of $ 51.20 is $ 14,557,440. Highside Capital Management took a fresh position in this counter during the said period. Scout Capital Management managed by James Crichton And Adam Weiss, Alydar Capital managed by John Murphy and Bluefin Investment Management managed by Scott Burney are other names who are bullish on Tesla Motors Inc (NASDAQ:TSLA).

Check out the top ten:

No. 10:

Manager: Ken Griffin
CITADEL INVESTMENT GROUP
Shares of Tesla owned heading into 2013: 56,915
Today’s market value: $   2,914,048
Activity: -15%
Percentage of equity portfolio: 0%


No. 9:

Fund name: Cadian Capital
Manager: Eric Bannasch
Shares of Tesla owned heading into 2013: 91,550
Today’s market value: $   4,687,360
Activity: -60%
Percentage of equity portfolio: 0.1%


No. 8:

Manager: Scott Burney
Shares of Tesla owned heading into 2013: 102,100
Today’s market value: $   5,227,520
Activity: This holding is added to the portfolio in this quarter
Percentage of equity portfolio: 1.36%


No. 7:

Manager: Dmitry Balyasny
Shares of Tesla owned heading into 2013: 126,075
Today’s market value: $   6,455,040
Activity: -73%
Percentage of equity portfolio: 0.11%


No. 6:

Fund name: Alydar Capital
Manager: John Murphy
Shares of Tesla owned heading into 2013: 142,000
Today’s market value: $   7,270,400
Activity: +42%
Percentage of equity portfolio: 0.37%


No. 5:

Fund name: Route One Investment Company

Manager: William Duhamel
Shares of Tesla owned heading into 2013: 147,609
Today’s market value: $   7,557,581
Activity: -42%
Percentage of equity portfolio: 0.71%

No. 4:

Fund name: Scout Capital Management

Manager: James Crichton And Adam Weiss
Shares of Tesla owned heading into 2013: 200,000
Today’s market value: $   10,240,000
Activity: This holding is added to the portfolio in this quarter
Percentage of equity portfolio: 0.11%


No. 3:

Fund name: Blue Ridge Capital

Manager: John Griffin
BLUE RIDGE CAPITAL
Shares of Tesla owned heading into 2013: 200,000
Today’s market value: $   10,240,000
Activity: No Change
Percentage of equity portfolio: 0.09%

No. 2:

Fund name: Highside Capital Management

Manager: Lee Hobson
Shares of Tesla owned heading into 2013: 284,325
Today’s market value: $ 14,557,440
Activity: This holding is added to the portfolio in this quarter
Percentage of equity portfolio: 1.04%


No. 1:

Fund name: Cupps Capital Management
Manager: Drew Cupps
Shares of Tesla owned heading into 2013: 598,943
Today’s market value: $ 30,665,882
Activity: +12%
Percentage of equity portfolio: 2.24%