Moving on to Whitworth’s top picks, which have performed more than well enough to wipe out any losses from his Magnum Hunter position, Relational’s largest holding, Mondelez International Inc (NASDAQ:MDLZ) comprises 12.47 million shares valued at $449.97 million and represents almost 19% of the fund’s portfolio value. A position in the company was initiated during the first quarter of 2013. The stock has appreciated by more than 50% since then. Among the funds that we track, Nelson Peltz‘s Trian Partners is the largest stockholder of Mondelez International Inc (NASDAQ:MDLZ), owning some 48.02 million shares valued at $1.73 billion.
A holding in the $10.54 billion manufacturer of diagnostic products, medical imaging systems and surgical products, Hologic, Inc. (NASDAQ:HOLX), represents 18.02% of Relational’s portfolio value. The holding consists of 12.97 million shares valued at $428.28 million. So far this year Hologic, Inc. (NASDAQ:HOLX)’s stock has appreciated by a hefty 40%. In comparison, the medical instruments & supplies industry has only gained 4.48% during the same period. Famed activist investor Carl Icahn of Icahn Capital LP is the largest stockholder of Hologic, Inc. (NASDAQ:HOLX) among those we track, as it owns some 34.15 million shares valued at $1.13 billion.
Relational’s holding in Bunge Ltd (NYSE:BG) consists of 4.95 million shares valued at $407.41 million. The stake represents about 3.39% of the company’s outstanding stock and 17.15% of the fund’s portfolio value. Although up by more than 21% over the past year, Bunge Ltd (NYSE:BG)’s stock performance has been less inspiring this year, as it is trading nearly sideways. In its financial results for the first quarter, Bunge Ltd (NYSE:BG) beat estimates for the bottom line, but failed to match analysts’ expectations for the top line. Clint Carlson‘s Carlson Capital is the second-largest stockholder of Bunge after Relational, among the investors that we track, as it owns some 1.85 million shares valued at $152.37 million.