Highfields Capital Trades Key Positions in Its 4Q14 Portfolio



Highfields Capital

Highfields Capital Management is an investment management firm that is value-oriented. The firm manages private investment funds and caters to pension funds, philanthropic and charitable foundations, endowments, and other private and institutional investors. The firm manages and launches hedge funds for its various clients. The investment funds of Highfields have more than $12 billion as part of assets under management, which are invested globally in a wide range of companies and securities.

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Top Positions in 4Q14

The fund’s portfolio lowered from $12.8 billion in 3Q14 to $11.8 billion during 4Q14. DIRECTV (DTV) and Franklin Resources (BEN) were among the fund’s top holdings in 4Q14.

Key positional changes

The fund made several key changes in its 4Q14 portfolio. Highfields Capital initiated new stakes in Dow Chemical Company (DOW) and Tesla Motors (TSLA), and dropped its positions in Canadian Natural Resources (CNQ) and Goldman Sachs Group (GS). The fund increased its holdings in Anadarko Petroleum (APC) and DIRECTV (DTV), while decreasing holdings in Hertz Global Holdings (HTZ) and Dollar Tree (DLTR).

In the next part of this series, we’ll discuss Highfields Capital’s new position in Dow Chemical (DOW), which is part of the Materials Select Sector SPDR Fund (XLB), with a weight of 8.82%.


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