Tesla Motors Inc (TSLA), Twitter Inc (TWTR), Facebook Inc (FB): Andor Capital Management’s Top Holdings

Andor Capital Management, managed by Daniel Benton, started as one of the top technology funds in the market. According to the latest SEC 13F filing from the company, its portfolio is worth $1.84 billion with Tesla Motors Inc (NASDAQ:TSLA), Twitter Inc (NYSE:TWTR), and Facebook Inc (NASDAQ:FB) being their top three holdings. (See Daniel Benton’s entire holdings).

Tesla Motors Inc (NASDAQ:TSLA) is the largest holding in Andor Capital Management with 1.25 million shares worth $300 million and it make 16.27% of Andor’s portfolio. Tesla Motors Inc (NASDAQ:TSLA) reported revenue of $858 million for the second quarter 2014 with a 55% improvement from the last year quarter. Tesla Motors Inc (NASDAQ:TSLA) reported non-GAAP net income of $16 million or $0.11 per share.

Tesla Motor (TSLA)

Twitter Inc (NYSE:TWTR) comes at number two in terms of its worth in Andor Capital Management’s portfolio. Andor Capital Management owns 5 million shares of Twitter with current market value of $204 million. Twitter makes 11.11% of Andor’s portfolio and according to the 13F SEC filing, Benton increased the number of shares by 12% in this quarter. Twitter Inc (NYSE:TWTR) closed its second quarter with revenue of $312 million with a 124% increase in YOY basis. Net loss for the quarter was $145 million with adjusted EBITDA of $54 million for the quarter.

Facebook Inc (NASDAQ:FB) is the third largest holding in Andor Capital Management, which owns 3 million shares of the company worth $201 million. It makes 10.95% of Andor’s portfolio with an increase in number of shares in this quarter, as per 13F filing. Facebook Inc (NASDAQ:FB) reported quarterly revenue of $2.91 billion for the second quarter 2014 against the revenue of $1.81 billion in the same quarter previous year. GAAP income for the quarter was $1.39 billion with 48% operating margin.

This article has been written by Prakash Pandey and edited by Serkan Unal.

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