Yahoo! rounds out HypeZero10

Last week I wrote about five top picks from some of the best value based hedge fund managers (HypeZero10). Today, let’s look at the rest of the picks that make up HypeZero10.

BankUnited, Inc. (BKU)

BankUnited is Wilber Ross’s top holding. The bank failed during the financial crisis in 2009 and was taken private by a group that included Ross. It was taken public in 2011 and Ross has owned 13,721,131 shares since then.

Earlier this year, the bank put itself up for sale, but nothing materialized. 

News Corp. (NWSA)

Manager Shares (July 30) Shares (September 30) Change
Dan Loeb 4,000,000 0 -4,000,000
Donald Yacktman 80,823,447 80,556,339 -267,108
Lee Ainslie 1,924,080 4,183,890  +2,259,810
Seth Klarman 15,041,665 13,041,665 -2,000,000
Steve Mandel 13,675,800 14,042,265 +366,465
Andreas Halvorsen 22,846,690 30,757,252 +7,910,562

Even though, Yacktman reduced his holdings by 267,108 shares, it is still his top holding. It is also Halvorsen’s top holding. 

Here is an interview with Yacktman about News Corporation.

Yahoo! Inc. (YHOO)

Yahoo made it on HypeZero10 predominantly due to Dan Loeb. He owns 73,000,400 shares and it is his largest position. Lee Ainslie and David Einhorn also have small positions in the company.

Assured Guaranty Ltd. (AGO)

Assured Guaranty made it on HypeZero10 due to Wilbur Ross. He owns 19,835,370 shares and it is his second largest position. Bruce Berkowitz also owns a very small position, 51,700 shares.

Here is a piece on why he Ross is so bullish on Assured Guaranty saying it is “probably the best risk/reward position in my entire portfolio.”

Canadian Pacific Railway Limited (CP)

Bill Ackman owns 24,159,888 shares of Canadian Pacific and it is his largest holding.

Disclosure: I do not own any stocks mentioned above.

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