Highfields Capital discloses updated portfolio positions in 13F filing: Initiates new positions in MAR, PFE, & BXLT; increases positions in HTZ, WMB, & VER; closes positions in MSFT, YHOO, & PYPL
Highlights from 2016 Q1 filing as compared to 2015 Q4 filing:
- New positions in: MAR (~6.9 mln shares), PFE (~5.9 mln), BXLT (~3.9 mln), PEP (~2 mln), CL (~1.9 mln)
- Increased positions in: HTZ (to ~10 mln shares from ~7.1 mln shares), WMB (to ~18.9 mln from ~6.9 mln), VER (to ~11.5 mln from ~6.5 mln), WBA (to ~4.4 mln from ~1.6 mln), IAC (to ~5.1 mln from ~2.6 mln)
- Decreased positions in: MCD (to ~4.8 mln shares from ~11.9 mln shares), DD (to ~8.7 mln from ~12.6 mln), APC (to ~1.1 mln from ~3.8 mln), YPF (to ~0.1 mln from ~2.6 mln), HOT (to ~2.3 mln from ~4.5 mln)
- Closed positions in: MSFT (from ~12.8 mln shares), YHOO (from ~7.2 mln), PYPL (from ~3.6 mln), SPGI (from ~2.8 mln), ENB (from ~2.3 mln)