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Activist hedge fund manager Carl Icahn through regulatory Schedule 13D and Form 4 filings has disclosed ownership of 8,134,626 shares of NAV as of June 7th, 2012. This gives Icahn an almost 12% stake in the company and is an increase of 883,200 shares over what they reported on their 13F filing for March 31st 2012.

Icahn is pushing for a merger between NAV and rival Oskkosh (OSK)

Ownership History in NAV
Reported via Date Name Ticker Shares % of Portfolio
13F 2011-09-30 Navistar International Corp. NAV 1,765,647 0.51
SC 13D 2011-10-13 Navistar International Corp. NAV 7,111,426 N/A
SC 13D/A 2011-11-03 Navistar International Corp. NAV 7,251,426 N/A
SC 13D/A 2011-11-15 Navistar International Corp. NAV 0 N/A
SC 13D/A 2011-12-07 Navistar International Corp. NAV 0 N/A
3 2011-12-20 Navistar International Corp. NAV 7,251,430 N/A
13F 2011-12-31 Navistar International Corp. NAV 7,251,426 2.36
13F 2012-03-31 Navistar International Corp. NAV 7,251,426 3.00
4 2012-06-07 Navistar International Corp. NAV 8,134,630 N/A
SC 13D/A 2012-06-08 Navistar International Corp. NAV 8,134,626 N/A

Molina Healthcare (MOH) is down over 30% after withdrawing its earnings outlook and revealing that costs were outpacing revenues at its Texas Subsidiary.

Below is a list of funds having at least 1% of their 13F portfolio in MOH (excludes corporate debt):

Filer
Shares Held
Market Value
% of
Portfolio
Prior
% of Portfolio
Ranking
Change in
Shares
EXPO CAPITAL MANAGEMENT LLC 575,000 $ 19,337,251 3.69% 0.00 14 575,000
WELLESLEY INVESTMENT ADVISORS(PRN) 20,080 $ 25,652 3.00% 3.03% 8 2,364
CAUSEWAY CAPITAL MANAGEMENT LLC 354,100 $ 11,908,383 2.34% 0.52% 12 291,900
SMITH, GRAHAM & CO., INVESTMENT ADVISORS, LP 304,424 $ 10,237,779 1.47% 1.30% 16 71,318
DEERFIELD MANAGEMENT CO /NY 675,000 $ 22,700,251 1.19% 0.00 19 675,000
MANLEY ASSET MANAGEMENT L P 16,400 $ 551,532 1.18% 1.63% 33 13,600
EMERALD MUTUAL FUND ADVISERS TRUST 129,540 $ 4,356,430 1.14% 0.76% 24 25,160
PARTNER INVESTMENT MANAGEMENT, L.P. 284,978 $ 9,583,810 1.14% 0.00 32 284,978
ALGERT COLDIRON INVESTORS LLC 126,461 $ 4,252,884 1.07% 0.26% 23 90,857

Lululemon (LULU) is down over 8% after issuing a disappointing earnings outlook.

Below is a list of funds having at least 1% of their 13F portfolio in LULU (excludes corporate debt or call/put options).

Filer
Shares Held
Market Value
% of
Portfolio
Prior
% of Portfolio
Ranking
Change in
Shares
SIB LLC 220,756 $ 16,497,097 12.84% 9.53% 1 3,700
BENDER ROBERT & ASSOCIATES 122,919 $ 9,185,737 7.27% 5.74% 3 4,690
NORMAN FIELDS, GOTTSCHO CAPITAL MANAGEMENT, LLC 76,270 $ 5,699,657 4.93% 2.68% 4 16,995
ZEVENBERGEN CAPITAL INVESTMENTS LLC 1,055,575 $ 78,883,123 2.88% 2.52% 11 230,925
COLUMBIA WANGER ASSET MANAGEMENT LLC 7,165,200 $ 535,455,420 2.32% 1.83% 1 930,200
ARCHIPEL ASSET MANAGEMENT AB 106,458 $ 7,955,607 2.31% 0.00 9 106,458
STRAUS CAPITAL MANAGEMENT, L.L.C. 70,000 $ 5,231,100 2.02% 1.18% 5 17,500
CAPWEALTH ADVISORS, LLC 98,105 $ 7,331,387 1.85% 1.84% 15 45,345
CREDO CAPITAL MANAGEMENT, LLC 157,857 $ 11,796,654 1.74% 1.52% 4 33,073
LONE PINE CAPITAL LLC 3,808,895 $ 284,638,736 1.73% 1.48% 23 730,268
CABOT MONEY MANAGEMENT INC 60,382 $ 4,512,347 1.49% 1.81% 10 46,988
HARDING LOEVNER LP 1,187,003 $ 88,704,738 1.34% 0.83% 30 517,673
300 NORTH CAPITAL, LLC 77,961 $ 5,826,026 1.26% 0.68% 13 15,050
ZWEIG ADVISERS LLC 127,000 $ 9,490,710 1.24% 1.57% 27 39,000
ARBOR CAPITAL MANAGEMENT LLC 212,000 $ 15,842,761 1.22% 0.64% 33 55,700
BROKERSXPRESS LLC 12,318 $ 920,524 1.10% 0.32% 11 7,423

ESL Partners through regulatory filings (here and here) disclosing that William Crowley is no longer Chief Operating Office (effective June 1, 2012) have tweaked their stakes in both SHLD and AN.  The hedge fund now owns 65,744,084 shares of SHLD or 61.8% of the company, up from the 60,866,177 shares reported in a 1/12/2012 regulatory filing. 42,985,654 shares are held by parent company and 13F reporting RBS Partners.  This is down from the 42,996,631 shares RBS reported on their Q1 2012 13F.

ESL now owns 66,961,242 shares of AutoNation for a 54.6% stake down from 67,053,483 shares reported on 1/31/2012.  42,976,702 shares are held by RBS Partners, down from 48,063,910 shares reported in their Q1 2012 13F.

ESL Partners is a privately owned hedge fund based in Greenwich, Connecticut and is run by founder Edward Lampert.

From Yahoo! Finance:

AutoNation Inc, through its subsidiaries, operates as an automotive retailer in the United States.

Sears Holdings Corporation operates as a specialty retailer in the United States and Canada.

Ownership History in AN
Reported via Date Name Ticker Shares % of Portfolio
4 2011-08-31 AutoNation Inc. AN 23,705,393 N/A
4 2011-10-24 AutoNation Inc. AN 36,532,573 N/A
4 2011-10-27 AutoNation Inc. AN 36,403,513 N/A
SC 13D/A 2011-10-31 AutoNation Inc. AN 78,954,909 N/A
4 2011-12-29 AutoNation Inc. AN 23,714,506 N/A
SC 13D/A 2012-01-04 AutoNation Inc. AN 73,399,541 N/A
SC 13D/A 2012-01-31 AutoNation Inc. AN 67,053,483 N/A
SC 13D/A 2012-06-06 AutoNation Inc. AN 66,691,242 N/A
Ownership History in SHLD
Reported via Date Name Ticker Shares % of Portfolio
4 2011-12-29 Sears Holdings Corporation SHLD 55,328,277 N/A
4 2012-01-09 Sears Holdings Corporation SHLD 60,760,477 N/A
4 2012-01-12 Sears Holdings Corporation SHLD 60,866,177 N/A
SC 13D/A 2012-06-06 Sears Holdings Corporation SHLD 65,744,084 N/A

New Stock Statistics Filter

Posted on June 5th, 2012

Whalewisdom has added a new feature for filtering through certain 13f statistics for the latest quarter.  The Stock Statistics page gives you aggregate counts of various data points on an individual stock basis.  Data points include the total number of filers holding the stock, the number of filer’s that have the stock as one of their top 10 holdings, and the number of filers increasing, decreases, closing out or creating a new position in the stock.

Check it out and let me know of any issues you have or improvements you would like to see.

Hedge fund loser’s in RIMM

Posted on May 30th, 2012

Research in Motion (RIMM) is continuing to sink today down around 7.4% after warning that its business is deteriorating and will likely lose money again this quarter.  Below are just a few notable funds that held shares in RIMM as recently as March 31.  Go here to see the complete 13f action in RIMM including any funds fortunate enough to close out of their position or invest in PUT options.

Potential Losers

Filer Shares Held Market Value % of
Portfolio
Prior
% of Portfolio
Ranking Change in
Shares
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 26,848,500 $ 394,672,945 17.79% 10.10% 1 14,050,200
WILLIAM HARRIS INVESTORS INC 505,000 $ 7,423,500 2.44% 2.39% 12 2,000
LINCLUDEN MANAGEMENT LTD 1,312,345 $ 19,291,471 1.66% 1.56% 19 162,345
LINGOHR & PARTNER ASSET MANAGEMENT GMBH 1,399,530 $ 20,573,091 1.78% 1.32% 11 399,600
YACKTMAN ASSET MANAGEMENT CO/IL 9,652,516 $ 141,891,983 0.97% 1.14% 27 46,062
HEXAVEST INC. 1,680,928 $ 24,709,641 0.64% 0.67% 53 191,368
CIBC WORLD MARKETS INC. 6,367,549 $ 93,602,969 0.48% 0.61% 32 906,501
NEXUS INVESTMENT MANAGEMENT INC. 158,360 $ 2,174,283 0.59% 0.58% 30 24,050
COATUE MANAGEMENT LLC 2,553,791 $ 37,540,727 0.76% 0.39% 21 1,799,740
GCIC LTD. 4,657,683 $ 68,467,939 0.31% 0.34% 90 3,281
GREAT OAKS CAPITAL MANAGEMENT, LLC(CALL) 337,600 $ 4,960,000 0.80% 0.31% 461 270,600
BLACKROCK INC. 9,800,373 $ 144,065,481 0.25% 0.28% 77 640,900
PRIMECAP MANAGEMENT CO/CA/ 28,029,023 $ 412,026,633 0.63% 0.68% 51 -384,350
MANUFACTURERES LIFE INSURANCE CO 9,597,239 $ 141,079,411 1.54% 1.50% 19 -1,370,765
SOUNDPOST PARTNERS, LP 75,000 $ 1,102,500 1.35% 1.48% 9 No Change
MEDITOR GROUP LTD 1,804,200 $ 26,521,740 3.47% 4.15% 9 -291,800