Larry Robbins filed a 13G on Monday disclosing a 3.9 million share position in URS Corp (URS). Glenview Capital had 3.55 million shares of URS at the end of December. The stock is up 13% so far this year. Larry Robbins is really the only hedge fund manager who is very bullish about this stock. D.E. Shaw and AQR Capital had $41 million and $31 million invested in URS.
According to Yahoo Finance, URS Corporation provides engineering, construction, and technical services to public agencies and private sector clients worldwide. The company plans, designs, engineers, constructs, retrofits, and maintains a range of power-generating facilities; and systems that transmit and distribute electricity, as well as develops and installs clean air technologies. It also offers services to build, expand, and modernize infrastructure, such as surface, air, and rail transportation networks; ports and harbors; and water supply, treatment, and conveyance systems, as well as provides operations and maintenance services for completed projects. In addition, the company offers program management; planning, design, and engineering; systems engineering and technical assistance; and IT services to construction and construction management, as well as operations and maintenance, and decommissioning and closure services to various government departments and agencies.