According to the latest 13F SEC filing of Jat Capital Management, CBS Corporation (NYSE:CBS), Time Warner Cable Inc (NYSE:TWC) and Yahoo! Inc. (NASDAQ:YHOO) are the top three holdings of the company. John Thaler is the manager of Jat Capital Management and the fund has a current market value of $5.4 billion. (You can see entire list of John Thaler’s holdings here).
CBS Corporation (NYSE:CBS) is the top holding of Jat Capital Management with 6, 040, 405 shares with a market value of $375 million. It forms 6.94% portfolio of the fund and the company reported dilute earnings per share of $0.76 and revenues of $3.19 billion. Other major fund investing in CBS Corporation (NYSE:CBS) include Pentwater Capital Management with investment worth $1 billion followed by Soroban Capital Partners ($518 million) and Point State Capital ($503 million).
Jat Capital Management has stakes worth $329 million in Time Warner Cable Inc (NYSE:TWC) with 2, 238, 292 shares. It forms 6.1% of Jat Capital’s portfolio as per the latest 13F filing. It reported revenue of $5.7 billion for the second quarter 2014 with adjusted diluted earnings per share of $1.89. Some other major investors in Time Warner Cable Inc (NYSE:TWC) include Childrens Investment Fund ($782 million), D E Shaw ($765 million), and Paulson & Co ($758 million).
Yahoo! Inc. (NASDAQ:YHOO) is the third largest stock of Jat Capital Management (5.75%) with shares worth $311 million including 8, 853, 369 shares. Yahoo! Inc. (NASDAQ:YHOO) reported GAAP revenue of $1, 084 million with adjusted EBITDA of $340 million for the second quarter 2014. Hedge funds including D E Shaw ($568 million), Jat Capital Management ($311 million), and Citadel Investment Group ($285 million) are the three major investors of Yahoo! Inc. (NASDAQ:YHOO).
This article has been written by Prakash Pandey and edited by Serkan Unal.