- Jim Chanos’ 13F portfolio decreased from $313M to $301M this quarter.
- Kynikos increased iShares Russell 2000 Index ETF, SPDR S&P Midcap 400 ETF, and SPDR S&P 500 ETF significantly over the last two quarters. Together, those three stakes are at ~60% of the portfolio.
Jim Chanos’ 13F portfolio decreased marginally from $313M to $309M this quarter. Recent 13F reports show around 45 positions. As Kynikos is focused on short-selling, his long positions covered in the 13F are probably hedged. For an introduction to short-selling, check-out the book "Short Stories from the Stock Market: Uncovering Common Themes Behind Falling Stocks to Find Uncommon Short Ideas".
Below is a spreadsheet that shows the changes to Jim Chanos' Kynikos US long portfolio holdings as of Q3 2016. To have an idea of how the holdings have progressed click on our previous update:
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