What Positions Did TPG-Axon Management Add in 4Q14?



TPG-Axon Management

Founded by Dinakar Singh in 2005, TPG-Axon Management is a privately owned hedge fund firm. Headquartered in New York and with offices in Hong Kong and Tokyo, TPG-Axon Management is in partnership with private equity firm Texas Pacific Group.

The fund’s US long portfolio contains 14 stocks. It declined to $1.3 billion in 4Q14 from its earlier value of $1.5 billion in 3Q14.

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Top holdings

The top stocks held by TPG-Axon Management are presented in the figure below.

As you can see in the chart, GNC Holdings Inc. (GNC) and Huntsman Corporation (HUN) were among the top holdings of the fund in 4Q14.

New positions

In 4Q14, TPG-Axon Management initiated stakes in Air Lease Corporation (AL), Axalta Coatings Systems Ltd. (AXTA), IMS Health Holdings Inc. (IMS), and Ubiquiti Networks Inc. (UBNT).

The new positions initiated by the fund are shown the above chart.

In the next part of this series, we’ll look at TPG-Axon Management’s new position in Air Lease Corporation (AL), which is part of the iShares Russell 1000 Value ETF (IWD).


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