Ira Sohn Conference: Monday Presentation Schedule
The Sohn Conference is set to take place this next Monday-Tuesday in New York, NY and will give a variety of investment managers the opportunity to speak about their view on markets, positions, etc.... A breakdown of the Monday speaker list is detailed below, with associated, notable stocks and notes listed for each manager. Stocks listed have a positional relationship to the speaker and may be subject to commentary: (Please see criteria and commentary below the following list)
- David Einhorn (Greenlight Capital) -
- Is Long MU (14.54%), AAPL (12.67%), SUNE (6.47%) and CNX (5.96%)
- Is Short RAI (Unknown)
- Recently Added AER (1.93%), CBI (1.64%), GM (Unknown)
- Note: Positions sourced directly from Greenlight's Shareholder Letter
- Barry Rosenstein (Jana Partners) -
- Is Long PETM (6.86%), HTZ (7.56%) and QCOM (3.99%)
- Is Short XLE (6.89%) and SPY (4.46%)
- Recently Added NCR (3.05%)
- Note: Most recent headlines include positions in QCOM and HTZ
- Keith Meister (Corvex Management) -
- Is Long WMB (22.98%), ARCP (0.89%)
- Is Short XLE (6.89%)
- Recently Added SIG (8.9%)
- Note: Media speculation today implied that Corvex has taken a recent top-5 shareholder stake in YUM. These reports are presently unconfirmed and speculative
- Leon Cooperman (Glenview Capital Management) -
- Is Long ATLS (3.03%), SHPG (1.68%), ASPS (1.27%) and GILD (0.96%)
- Note: Each listed position above has been the topic of direct/peripheral discussion in recent months
- Larry Robbins (Glenview Capital Management) -
- Is Long CYH (3.26%), RLGY (1.39%), WOOF (3.12%), FNF (0.36%)
- Note: Each stock listed above was recently included in a media piece as being one of Robbins' "top new ideas"
- Mala Gaonkar (Lone Pine Capital) -
- Is Long ADK (228%), PCLN (91%), FB (56%) and MA (32%)
- Note: % represent the fund's Q/Q change from Q3 to Q4 (not % of portfolio) and is included to show recent fund capital flow
- Jeff Gundlach (DoubleLine Capital) -
- Notes: Provides regular macro-economic commentary in media pieces, and runs a fixed income fund. Has been known to make interest rate predictions that can affect a variety of markets.
- David Tepper (Appaloosa Management) -
- Long GM (12.65%) and TX (1.14%)
- Note: TX was one of only two (excluding GM warrants) of Appaloosa's Q/Q increased equity positions from Q3 to Q4
- Bill Ackman (Pershing Square Capital Management) -
- Is Long ZTS (11.15%) and VRX (Unknown)
- Is Short HLF
- Note: VRX was disclosed as a new position this past quarter, and its weight in the portfolio is not yet known. Also, speculation about another short, in addition to HLF, within the portfolio is intriguing. The existence or identity of such a short is unknown yet however.
- (% in quotations, refer to the percentage of a manager's portfolio that a given stock represents- as of end 4Q15. Lone Pine Capital being the exception)
- The use of an (Unkown) denotes a new position since Q4 disclosure or other factor that does not allow for reliable portfolio calculation
- Positions for inclusion were determined using several criteria. Notably, sizeable positions (+5%) with either recent media mention/inclusion or a substantive Q/Q increase were targeted for analysis.
- Positions that are notably smaller than 5% were included based upon recent media focus or for outlying Q/Q increases.
- Positions listed for each manager above, do not represent the entirety or proportionality of their respective fund's composition.