Liberty Media Corp (LMCA), Sarepta Therapeutics Inc (SRPT): Here’s What This $42 Billion Hedge Fund Company Has Been Buying

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Finally, D. E. Shaw’s biggest closed positions included Nexen Inc. (USA) (NYSE:NXY) and Mylan Inc. (NASDAQ:MYL). Other closed positions of interest include Sirius XM Radio Inc (NASDAQ:SIRI), which recently hit a five-year high, despite posting disappointing earnings in its last quarter. Still, revenue and earnings are growing at a double-digit rate, which remains attractive. A strong report from Ford Motor Company (NYSE:F) is promising for Sirius, as its radios are embedded in many vehicles. Bulls like the company’s new personalized radio service, MySXM, too. Meanwhile, Sirius faces competition from Pandora Media Inc (NYSE:P) and even Google Inc (NASDAQ:GOOG) has a music-streaming business now.

We should never blindly copy any investor’s moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing, and 13F forms can be great places to find intriguing candidates for our portfolios.

The article Here’s What This $42 Billion Hedge Fund Company Has Been Buying originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitterowns shares of Google, Amazon.com, and Ford. The Motley Fool recommends and owns shares of Amazon.com, Exelixis, Ford, and Google.

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