Must-know: A guide to Blue Ridge Capital’s 4Q13 positions



Blue Ridge Capital

Blue Ridge Capital is a New York–based hedge fund founded in 1996 by Tiger Cub John Griffin. The fund generally targets “absolute returns” by investing in and short-selling companies, with a focus on going long. In this series, we will discuss some of the main positions traded during the fourth quarter as disclosed in the fund’s 13F filing. Blue Ridge Capital initiated new positions in Marathon Petroleum Corp. (MPC), Actavis PLC (ACT), Apple Inc. (AAPL), SanDisk Corp. (SNDK), and Cheniere Energy Inc (LNG). Notable positions that were exited include Ralph Lauren Corp. (RL) and Tenet Healthcare Corp. (THC).

Blue Ridge

The size of the fund’s U.S. long portfolio was increased from $8.3 billion in the third quarter to $9.7 billion last quarter. The portfolio has 53 stocks as compared to 49 stocks in 3Q 2013.

Blue Ridge 4Q

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