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Hedge Funds Are Selling These 10 Large-Caps, Part 2

United Parcel Service, Inc. (NYSE:UPS)

 – Investors with Long Positions (as of September 30): 40

 – Aggregate Value of Investors’ Holdings (as of September 30): $2.40 Billion

The number of investors in our database with long positions in United Parcel Service, Inc. (NYSE:UPS) dropped by 12 during the July-to-September period, with the aggregate value of these holdings dipping by $255 million, even as shares rose by 1.7% during the quarter. Edgar Wachenheim‘s Greenhaven Associates tops our list of United Parcel Service, Inc. (NYSE:UPS)’s investors, as it owns nearly 4.63 million shares of the company.

Alibaba Group Holding Ltd (NYSE:BABA)

 – Investors with Long Positions (as of September 30): 60

 – Aggregate Value of Investors’ Holdings (as of September 30): $3.79 Billion

The e-commerce business might be the largest contributor to Alibaba’s top line, but that certainly doesn’t mean that the company is not expanding its empire into other disparate segments. Recently, the Chinese company announced signing a definitive agreement to acquire the South China Morning Post, an English-language newspaper based in Hong Kong. However, hedgies were extremely bearish towards Alibaba Group Holding Ltd (NYSE:BABA) during the third trimester, with the amount of them having exposure to the company dropping by 25 and the aggregate value of their holdings taking a $979 million hit. Boykin Curry‘s Eagle Capital Management is still bullish on Alibaba Group Holding Ltd (NYSE:BABA), as it boosted its stake to 8.08 million shares during the July-to-September period.

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Walt Disney Co (NYSE:DIS)

 – Investors with Long Positions (as of September 30): 48

 – Aggregate Value of Investors’ Holdings (as of September 30): $3.37 Billion

While Walt Disney Co (NYSE:DIS) shares dropped by nearly 11% in the third quarter, they are still up by nearly 16% so far this year. However, the investors within our database seem to be more inclined towards the continuation of the downtrend, as the total number of funds that we track which were invested in the company dwindled by 12 during the third quarter, with the total value of their holdings also declining by $1.05 billion. In its financial results for the fourth quarter of fiscal year 2015, Walt Disney Co (NYSE:DIS) delivered EPS of $1.20, which was $0.06 ahead of estimates. However, quarterly revenue of $13.51 billion missed expectations by $40 million. Lansdowne Partners, which is managed by Alex Snow, owns about 8.68 million shares of the company.

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Disclosure: None

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