In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year. In its latest 13F, Scopus Asset Management, managed by Alexander Mitchell, has disclosed its holdings as held at the end of the fourth quarter of 2013.
The total value of Scopus Asset Management’s equity portfolio slightly increased to around $4.30 billion in the fourth quarter from about $3.98 billion disclosed in the third quarter.
In this piece, we will discuss about top five holdings in terms of value that Scopus Asset Management has held in its equity portfolio at the end of last year.
The first largest holding is Fifth & Pacific Companies Inc (NYSE:FNP), in which the fund disclosed ownership of 4.25 million shares, with a reported value of $136.38 million. The fund owned 4.87 million shares of the company at the end of third quarter of 2013
On the second spot is Hanesbrands Inc. (NYSE:HBI), in which the fund owns 1.53 million shares, with a reported value of $107.60 million. The stake is slightly up from 1.30 million disclosed previously. Hanesbrands Inc. (NYSE:HBI) manufactures and sells leading everyday basic apparel under some of the world’s strongest apparel brands.
Third on the list is Johnson Controls Inc (NYSE:JCI), in which the fund disclosed holding 1.73 million shares, with a reported value of $88.51 million. Johnson Controls Inc (NYSE:JCI) is a global diversified technology and industrial leader serving customers in more than 150 countries.
The next on the list is Hertz Global Holdings, Inc. (NYSE:HTZ), in which the fund owns 2.91 million shares, with a reported value of $83.32 million. The fund owned 3.22 million shares of the company.
Fifth on the list is Advance Auto Parts, Inc. (NYSE:AAP), a new position in which the fund disclosed ownership of 625,000 shares, with a reported value of $69.18 million.
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