Odey Asset Management LLP This is a privately owned investment manager, offering its services to institutional investors. The firm currently manages about $12.2 billion in investment value. The SEC 13F filings of Odey Asset Management LLP for the period ended September 30, 2014, indicate that Signet Jewelers Ltd. (NYSE:SIG), D.R. Horton, Inc. (NYSE:DHI), and Delta Air Lines, Inc. (NYSE:DAL) are its top three holdings.
Signet Jewelers Ltd. (NYSE:SIG) topped the list of the biggest investments of Odey Asset Management LLP, with an investment value of $238.2 million. This is the world’s largest specialty jewelry retailer. The company works under different names, including Kay Jewelers and Jared The Galleria Of Jewelry. The topmost holder of the company is Corvex capital with 5.4 million shares. The second biggest holder of the stock is Odey Asset Management Group. (You can see complete list of hedge funds which hold positions on Signet Jewelers Ltd. (NYSE:SIG) at the end of third quarter.)
D.R. Horton, Inc. (NYSE:DHI) was second on the list of the firm’s investments with a total investment value of $233.5 million. D.R. Horton, Inc. (NYSE:DHI) is the largest residential house builder in the U.S. The company builds, markets, and sells single-family homes specifically for entry-level and move-up markets. The company’s pre-tax income for the fourth quarter was $250.8 million, representing an increase of 24%. Some of the subsidiaries of D.R. Horton, Inc. (NYSE:DHI) are DRH Energy Inc, Melody Homes Inc, and DRH Properties, Inc.
Delta Air Lines, Inc. (NYSE:DAL) came third on the list of top investment of Odey Asset Management LLP, accounting for investment worth $207.2 million. Delta Air Lines, Inc. (NYSE:DAL) is a major American airline with its headquarters in Hartsfield-Jackson Atlanta, Georgia. The company recently ordered 50 planes from Airbus for a value of $14 billion. The top three shareholders of Delta Air Lines, Inc. (NYSE:DAL) are Capital World Investors, Vanguard Group, Inc., and Fidelity Management and Research Company.
This article has been written by Victor Ochieng.