VMware, Inc. (NYSE:VMW), EMC Corporation (NYSE:EMC), Visteon Corp (NYSE:VC) are the top three stock investments of Aristeia Capital, as per its recent SEC 13F filing. The investment manager has current investment portfolio of $2.90 billion with its primary investments in technology, service, and basic material industry.
VMware, Inc. (NYSE:VMW) is the primary stock investment of Aristeia Capital, which owns 4,000,000 shares of the company at an estimated market value of $375 million. The technology company announced net revenues of $1.70 billion for its fourth quarter 2014 with net income of $326 million. Some of the primary investors of VMware, Inc. (NYSE:VMW) include Aristeia Capital, Elliott Management, and Brookside Capital. The shares of VMware, Inc. (NYSE:VMW) are trading at $77.10 with current P/E ratio of 37.73 and market cap of $33.18 billion.
EMC Corporation (NYSE:EMC) comes as the second largest stock holding of Aristeia Capital with 12,648,300 shares of the company at an estimated stock value of $370 million. EMC Corporation (NYSE:EMC) reported fourth quarter 2014 financial results with net revenue of $7 billion and GAAP net income of $1.15 billion. Elliott Management, Aristeia Capital, and Mason Capital Management are among some of the primary investors of EMC Corporation (NYSE:EMC). The shares of EMC Corp are trading at $25.93 with current P/E ratio of 19.53 and its current market cap is in excess of $52 billion.
Visteon Corp (NYSE:VC) is the third largest stock holding of Aristeia Capital, which owns 1,161,790 shares of the company with an estimated market value of $112 million. Visteon Corp (NYSE:VC) reported net sales of $1.97 billion in its third quarter 2014 with net loss of $21 million attributable to the company. Some of the primary investors of Visteon Corp (NYSE:VC) include Solus Alternative Asset Management, Aristeia Capital, and Iridian Asset Management. The shares of Visteon Corp are trading at $96.95 with current P/E ratio of 8.65 and market cap of $4.29 billion.
This article has been written by Prakash Pandey.
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