CBS Corporation (CBS), Time Warner Cable Inc (TWC) and Yahoo! Inc. (YHOO): Jat Capital Management’s Top Holdings

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).

CBS Corporation (CBS)

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.


Related posts


Warren Buffett's Best Picks

Warren Buffett's these stock picks will crush the market over the next 12 months. Get our report FREE by becoming a member now