Madison Street Partners was founded in the year 2004 with its primary focus to invest in undervalued and overlooked firms in the market. It has a 13F portfolio value of $160 million at the end of third quarter of 2014, according to its recent SEC 13F filing on October 6, 2014. Softbank Corp (USA) (OTCMKTS:SFTBF), Pain Therapeutics, Inc. (NASDAQ:PTIE), Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) are its primary stock holdings.
Softbank Corp (USA) (OTCMKTS:SFTBF) was the primary investment of Madison Street Partners with investments worth $95 million at the end of the third quarter. Softbank Corp is known to increase its investment portfolio in the U.S economy and one of its latest ventures includes $250 million investments in Legendary Entertainment. This is the first Hollywood investment from the bank along with its earlier discussions with Dreamworks Animation Skg Inc (NASDAQ:DWA). The IPO of Alibaba Group Holding Ltd (NYSE:BABA) offered net gains of $4.6 billion to Softbank making its share worth the wait.
Madison Street Partners, LLC holds 1,876,201 shares of Pain Therapeutics, Inc. (NASDAQ:PTIE) with market value of $7.3 million. Pain Therapeutics, Inc. (NASDAQ:PTIE) had net cash and investments worth $44.8 million at the end of the second quarter 2014 with net loss of $3.2 million in the quarter. Some of the primary investors of Pain Therapeutics, Inc. (NASDAQ:PTIE) include First Eagle Investment Management and Visium Asset Management, as per their last SEC 13F filing for the period ending on June 30, 2014.
Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) is the third largest stock holding of the company with investments worth $5.34 million and 130,373 shares. The most interesting fact about this stock holding is the interest it has created for some of the top billionaires of the world including Warrant Buffet who has investments worth $300 million and higher in the company. Some other primary investors in the company include Dan Loeb, John Griffin, Chase Coleman, and Stephen Mandel.
This article has been written by Prakash Pandey and edited by Serkan Unal.