SunEdison Semiconductor Ltd
Why the Baupost Group adds new position in eBay
The Baupost Group added a stake in eBay Inc. (EBAY) that accounted for 3.62% of the fund’s total second quarter portfolio. eBay is a global technology company that enables commerce through three reportable segments—Marketplaces, Payments, and Enterprise.
Why the Baupost Group starts new position in Theravance Biopharma
The Baupost Group added a position in Theravance Biopharma Inc. (TBPH) that accounted for 9.89% of the fund’s total second quarter portfolio. Theravance Biopharma was recently spun out of Theravance (THRX).
Must-know: The Baupost Group’s 2Q14 positions
The size of the fund’s U.S. long portfolio increased 48% to $6.14 billion in the second quarter from $4.14 billion in the first quarter. The fund’s top positions include Micron Technology, Idenix Pharmaceuticals, and Viasat.
Understanding SunEdison’s Business Model
SunEdison’s business model is divided into three revenue segments: Solar Energy, Semiconductor Materials, and TerraForm Power.
The Baupost Group opens new position in SunEdison Semiconductor
The Baupost Group added a position in SunEdison Semiconductor (SEMI) that accounted for 1.14% of the fund’s total second quarter portfolio. SunEdison Semiconductor develops, manufactures, and sells silicon wafers to the semiconductor industry.