Third Point and Senator Investment Are Investing In The Same Stocks

In the Belgium brewer Anheuser Busch Inbev SA (ADR) (NYSE:BUD), Silverman and Klabin opened a position of 2.00 million shares during the quarter, while Dan Loeb decreased his stake by 12%, also leaving him with 2.00 million shares. Anheuser Busch, founded in 1852, has roughly 200 different brands ans has returned 12.6% year-to-date, though only 9.9% during the last year. The earnings reported for the first quarter showed an increase in profits to $2.68 billion from $1.37 billion, impressing the market even if its revenues decreased slightly. Rumors earlier this spring that London-based Diageo plc (ADR) (NYSE:DEO) was about to acquire Anheuser Busch Inbev SA (ADR) (NYSE:BUD) haven’t gained any traction and seem to be nothing more than rumors at this point. James Dinan‘s York Capital Management increased its stake in the beer producer during the first quarter by 71%, leaving it with 2.70 million shares with a value of $329.33 million.

Finally, let us turn our attention to Tennessee-based variety store and discount retailer Dollar General Corp. (NYSE:DG), in which Dan Loeb left his 4.00 million shares untouched during the first quarter, while Silverman and Klabin increased their stake by 25% to 3.00 million shares. Dollar General is up by 10.9% year-to-date and 27.1% during the last year and is currently trading around its all time high. The earnings per share for the first quarter increased by 16.7% compared to the same quarter the year before, and revenue growth was above the industry average. Ken Griffin increased his stake in Dollar General Corp. (NYSE:DG) by 193% to 7.21 million shares during the first quarter.

Disclosure: None