Highfields Capital Management, LP, founded in 1998 and based in Boston, Massachusetts, is a privately owned value-oriented investment management firm. It was founded by Jonathon Jacobson and Richard Grubman. In this series, we will discuss the main positions traded in the firm’s $12.3 billion portfolio during the fourth quarter.
Top new purchases are Air Products & Chemicals, Inc. (APD), Broadcom Corporation (BRCM), Applied Materials, Inc. (AMAT), Royal Dutch Shell (RDS.A), and JPMorgan Chase (JPM). Highfields sold out positions in CBS Corporation (CBS) and Hess Corporation (HES).
Read about the firm’s 3Q positions in Highfields Capital starts new positions 3Q 2013.