Tracking John Griffin’s Blue Ridge Capital Portfolio - Q3 2016 Update



  • John Griffin’s 13F portfolio increased from $7.75B to $8.43B this quarter.
  • Blue Ridge Capital dropped Priceline & Air Products while adding Citigroup.
  • The largest three positions are Autodesk Inc. (ADSK), Charter Communications (CHTR), and Facebook Inc. (FB) and they add up to ~18% of the portfolio.


John Griffin’s 13F portfolio increased 8.82% from $7.75B to $8.43B this quarter. Recent 13F reports have shown a total of around 55 positions. The largest five stakes are Autodesk Inc. (ADSK), Charter Communications (CHTR), Facebook Inc. (FB), CDK Global Inc. (CDK), and Amazon.com (AMZN) and they add up to a quarter of the entire 13F portfolio.

John Griffin is a "tiger cub" who posted an outstanding 65% return in 2007 and followed it up with just an 8% loss during the financial crisis. To know more about Julian Robertson and his legendary Tiger Management, check out Julian Robertson: A Tiger in the Land of Bulls and Bears.  

Below is a summary of the major moves this quarter:

Citigroup Inc. (C): C is a fairly large 2.91% portfolio stake established this quarter at prices between $43 and $48. The stock currently trades well above that range at $60.70.  

Amazon.com Inc. (AMZN): AMZN is a top-five 5.05% of the portfolio position established in Q1 2016 at prices between $482 and $676. Last quarter saw a ~50% increase at prices between $586 and $728 and that was followed with another ~20% increase this quarter at prices between $716 and $837. The stock currently trades well above those ranges at $768.

Teva Pharmaceuticals (TEVA): The TEVA stake was a very small at 0.92% of the portfolio as of last quarter. The position was disposed of this quarter at prices between $46 and $56. It was a ~3% of portfolio position established in Q4 2015 at prices between $56 and $66. Last quarter saw a two-thirds reduction at prices between $48.53 and $57.25. The stock is now at $37.27.

Fairly large stakes in Air Products & Chemicals (APD) and Priceline (PCLN) were dropped this quarter as well.  

Below is a spreadsheet that shows the changes to John Griffin's Blue Ridge Capital Holdings US long portfolio holdings as of Q3 2016. For a look at how the portfolio has progressed, see our previous update:



To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy .    







Tracking Thyra Zerhusen’s Fairpointe Capital Portfolio - Q3 2016 Update



  • Thyra Zerhusen’s 13F portfolio increased from $4.42B to $4.44B this quarter.
  • Fairpointe Capital increased Stericycle & Tegna while reducing Nvidia.
  • The largest three positions are Copa Holdings, Juniper Networks, and Teradata.


Thyra Zerhusen’s 13F portfolio increased marginally from $4.42B to $4.44B this quarter. Recent 13F reports have shown a total of around 70 individual stock positions in the portfolio. The largest five stakes are Copa Holdings, Juniper Networks, Teradata (TDC), Varian Medical (VAR), and Alcoa (AA) and they together add up to ~20% of the portfolio.

Below is a summary of the major moves this quarter:

Stericycle Inc. (SRCL): SRCL is a new ~2.75% portfolio stake established last quarter at prices between $93 and $128 and increased by ~140% this quarter at prices between $77 and $107. The stock currently trades below those ranges at $76.51. For investors attempting to follow Fairpointe, SRCL is a very good option to consider for further research.

Interpublic Group (IPG): IPG is now a small 0.73% position. It is a very long-term stake established in 2011 and built-up in 2012 at a cost-basis in the low-teens. Last quarter saw a huge ~62% selling at prices between $22 and $25 and that was followed with a ~25% reduction this quarter at prices between $22 and $24.50. The stock is now at $23.50. Fairpointe is harvesting long-term gains.

DeVry Education (DV): DV is a 3.15% of the portfolio stake. The original position is from H2 2012 at a cost-basis of ~$20 per share. Last quarter saw a ~30% increase at prices between $16 and $20 and the stock is now at $31.75. There was a ~10% trimming this quarter. Fairpointe is starting to harvest gains.

Lions Gate Entertainment (LGF.A) (LGF.B): LGF is a 2.87% of the portfolio position established in Q1 2016 at prices between $18.55 and $32.39 and increased by just over one-third last quarter at prices between $19.55 and $23.43. There was a ~8% further increase this quarter. For investors attempting to follow Fairpointe, LGF is a good option to consider for further research.

Office Depot (ODP): ODP is a 2.38% portfolio stake built-up over the last three quarters at prices between $3.28 and $7.73. The stock currently trades at $4.95. This quarter saw a marginal increase.

Copa Holdings (CPA): CPA is currently the largest position in the portfolio at 4.23%. The original stake is from Q2 & Q3 2015 at prices between $41 and $112. There was a ~27% selling this quarter at prices between $52 and $91 and the stock is now at $92.91.

Tegna Inc. (TGNA): TGNA is a fairly large 3.13% portfolio stake. It was established in Q2 2015 at prices between $23 and $38. Last two quarters saw a ~45% increase at prices between $20 and $25 and the stock currently trades at $22.15. For investors attempting to follow Fairpointe, TGNA is a good option to consider for further research.

Below is a spreadsheet that highlights the changes to Thyra Zerhusen's Fairpointe Portfolio US long stock portfolio as of Q3 2016. For a look at how the portfolio has progressed, see our previous update:



To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy .    






Tracking Chase Coleman’s Tiger Global Portfolio - Q3 2016 Update



  • Chase Coleman’s 13F portfolio increased from $5.06B to $6.94B this quarter.
  • Tiger Global added Alibaba Group Holdings while increasing Apple Inc., and Priceline Group.
  • The largest three positions are Priceline Group, Amazon.com Inc., and Charter Communications and they add up to ~47% of the portfolio.


Chase Coleman’s 13F portfolio increased 37% this quarter from $5.06B to $6.94B this quarter. Recent 13F reports have shown a total of around 20 individual stock positions in the portfolio. The largest five stakes are Priceline Group (PCLN), Amazon.com Inc. (AMZN), Charter Communications (CHTR), JD.com (JD), and Alibaba Group Holdings (BABA) and they add up to ~71% of the entire 13F portfolio.

Chase Coleman is a "tiger cub" best known for a stunning 44% annualized return during the 2001-2008 period. To know more about Julian Robertson and his legendary Tiger Management, check out Julian Robertson: A Tiger in the Land of Bulls and Bears.

Below is a summary of the major moves this quarter:

Alibaba Group Holdings (BABA): BABA is a top-five 8.19% portfolio stake established this quarter at prices between $78.50 and $109 and the stock is now at $88.93. For investors attempting to follow Tiger Global, BABA is a good option to consider for further research.

Amazon.com Inc. (AMZN): AMZN is currently the second-largest 13F stake at 16.20% of the portfolio. The position was established in Q2 & Q3 2015 at prices between $370 and $540. Q1 2016 had seen a two-thirds reduction at prices between $482 and $676. Last quarter saw a ~40% increase at prices between $586 and $728 and the stock is now at $766. There was minor trimming this quarter.

Note: AMZN has seen a previous round-trip in the portfolio. A 1M share stake purchased in 2010 in the low-100s price range was disposed of in Q1 2014 in the high-300s realizing huge gains.

Apple Inc. (AAPL): AAPL was a fairly large 5.87% stake. The original position was purchased in Q4 2015 at prices between $106 and $123. Q1 2016 saw a ~47% reduction at prices between $93 and $110 and that was followed with another ~76% selling last quarter at prices between $90 and $112. There was an about turn this quarter: ~160% increase at prices between $95 and $116. The stock currently trades at $117.

Charter Communications (CHTR): CHTR is a top-three 12.91% portfolio position. It was first purchased in Q3 2012 at a cost-basis of ~$75 per share. The position has wavered. Recent activity follows: The first three quarters of 2015 saw the position reduced by ~84% at prices between $150 and $195. The pattern reversed in Q4 2015: roughly thirteen-times increase at prices between $175 and $193 in the last three quarters. There was a ~20% reduction this quarter at prices between $232 and $278. The stock is now at $289.

FleetCor Technologies (FLT): FLT is a fairly large ~6% of the portfolio stake first purchased in Q4 2012 at prices between $45 and $53. Q3 2015 also saw a ~47% increase at prices between $148 and $163. Last three quarters have seen selling: ~48% combined reduction at prices between $113 and $175. The stock is now at $143.

Priceline Group (PCLN): PCLN is currently the largest position at ~21% of the portfolio. The position was purchased in Q4 2015 at prices between $1237 and $1465. This quarter saw a one-third increase at prices between $1248 and $1473. The stock is now at $1489.

Note: PCLN has seen a previous roundtrip in the portfolio. A fairly large position first purchased in 2007 in the high double-digits was disposed of in Q3 2015 in the 1200s price range realizing huge gains.

Below is a spreadsheet that shows the changes to Chase Coleman's Tiger Global Holdings US long portfolio holdings as of Q3 2016. For a look at how the portfolio has progressed, see our previous update:



To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy .    






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