Pamplona Capital Is Heavily Betting On These 4 Companies for Q2

#2 Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA)

 – Shares Owned by Pamplona Capital (as of March 31): 309,850

 – Value of Holding (as of March 31): $11.93 Million

During the March quarter, Pamplona reduced its Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) holding by 32%. The firm also holds 196,700 shares of Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) after slashing that holding by 43% during the first quarter. In addition, the fund owns 20,900 shares of Liberty Global PLC LiLAC Class A (NASDAQ:LILA) and about 19,300 shares of Liberty Global PLC LiLAC Class C (NASDAQ:LILAK). The LiLAC Group accounts for the company’s operations in Chile and Puerto Rico. While declining cable customers has been a sore point for Liberty Global, broadband and mobile customers are on the rise. Moreover, the company is also capitalizing on the opportunity to up-sell customers, as by the end of 2015, 45% of its customers had subscribed to a triple-play product, 17% to a double-play product, and 38% to a single-play product. The company’s merger with Vodafone for its operations within the Netherlands, which is expected to close by the end of this year, will make triple-play an even more compelling option for customers in the country. Barry Dargan’s Intermede Investment Partners raised its stake in Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) by 67% to 583,300 shares during the fourth quarter.

#1 Aecom (NYSE:ACM)

 – Shares Owned by Pamplona Capital (as of March 31): 685,500

 – Value of Holding (as of March 31): $21.1 Million

After being trimmed by 2% in the first quarter, Pamplona’s Aecom (NYSE:ACM) holding represented about 37% of the firm’s U.S equity portfolio. Shares of the $4.6 billion fully integrated global infrastructure company have climbed by a little over 1% so far this year, while the construction & engineering industry has posted average gains of 4.5% during this period. In its financial results for the first quarter of fiscal year 2016 ending December 31, Aecom (NYSE:ACM) delivered EPS of $0.68, which beat analysts’ consensus estimate by $0.08, though revenue of $4.3 billion was $80 million short of expectations. Bernard Selz‘s Selz Capital hiked its Aecom (NYSE:ACM) stake by 70% during the fourth quarter, to 170,000 shares.

Disclosure: None