>>> US After Hours Summary: TLND +12.5%, TNET +10%, SSNC +8%, CGNX +


After Hours Summary: TLND +12.5%, TNET +10%, SSNC +8%, CGNX +7%, NVDA +6% are higher, while LOGM -17%, XPO -15%, CBS / AMAT -2% following earnings/guidance

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: TLND +12.5%, TNET +10.1%, ACOR +9.3%, SSNC +7.9%, CGNX +7.2%, RDFN +6.4%, NVDA +6.1%, ANET +5.3%, AIRG +4.9%, GLOB +4% (light volume)

Companies trading higher in after hours in reaction to news: CZR +8% (WSJ suggests Icahn plans to push company into selling itself), SENS +5.2% (partnered with Geo-Med to provide access to Eversense CGM to veterans and U.S. government personnel), IIPR +4% (will replace Amedisys in the S&P SmallCap 600), CRMD +3.9% (rebounding after closing 28% lower on the day), SU +3.6% / STNE +2.3% / RHT +0.4% (Warren Buffett's Berkshire disclosed new holding), SOLO +2.9% (continued momentum), RDN +2.7% (Bloomberg reporting that the company previously held M&A discussions), YNDX +1.6% (ahead of earnings), AMD +1.4% (following NVDA results), PZZA +0.8% (higher after Starboard Value disclosed 9.99% active stake pursuant to Securities Purchase Agreement), TNDM +0.8% (continued strength after confirming FDA classification of t:slim X2 insulin pump as the first in a new device category called Alternate Controller Enabled Infusion Pumps)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: TRUE -18.2%, LOGM -16.6%, XPO -14.8%, AMN -9.2%, MX -8.6%, CC -3.1%, CBS -2.3%, AMAT -1.7%

Companies trading lower in after hours in reaction to news: ORCL -1.9% (Warren Buffett's Berkshire liquidated holding), FDX -1% (light volume; names Raj Subramaniam president and COO), AMED -0.9% (to join S&P MidCap 400), AAPL -0.6% (Warren Buffett's Berkshire disclosed lower holding), ICE -0.6% (attributed to block trade pricing)

>>> Soros Fund (George Soros) discloses updated portfolio positions


Soros Fund (George Soros) discloses updated portfolio positions in 13F filing: New XLF ECA WPX positions, Increased MDLZ TMUS holdings

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: XLF (~2.03 mln shares), ECA (~2 mln), WPX (~0.7 mln), VZ (~0.61 mln), ENR (~0.52 mln), BG (~0.3 mln), PM (~0.59 mln), SU (~0.23 mln), CNQ (~0.2 mln), OKE (~0.2 mln)
  • Increased positions in: MDLZ (to ~1.3 mln shares from ~0.54 mln shares), TMUS (to ~0.55 mln from ~0.06 mln), NRG (to ~0.58 mln from ~0.24 mln), COTY (to ~1.13 mln from ~0.85 mln), GLIBA (to ~0.91 mln from ~0.64 mln), VNOM (to ~0.29 mln from ~0.08 mln), LGF.A (to ~1.5 mln from ~1.31 mln) MKC (to ~0.22 mln from ~0.06 mln), ETFC (to ~0.41 mln from ~0.31 mln), HSY (to ~0.22 mln from ~0.17 mln)
  • Maintained positions in: LBRDK (~7.29 mln shares), LPLA (~0.57 mln)
  • Closed positions in: ELAN (from ~0.51 mln shares), MU (from ~0.49 mln), MSFT (from ~0.48 mln), TSG (from ~0.48 mln), TMHC (from ~0.41 mln), SVMK (from ~0.4 mln), IDTI (from ~0.39 mln), PDD (from ~0.35 mln), AMD (from ~0.31 mln), CCEP (from ~0.3 mln), DISCK (from ~0.29 mln), SPOT (from ~0.27 mln), BJ (from ~0.25 mln), CRC (from ~0.25 mln), KO (from ~0.25 mln)
  • Decreased positions in: I (to ~0.55 mln shares from ~2.44 mln shares), TRCO (to ~0.15 mln from ~1.6 mln), CZR (to ~33.16 mln from ~34.5 mln), ALLT (to ~3.27 mln from ~4.47 mln), MRVL (to ~0.17 mln from ~1.2 mln), DNR (to ~1 mln from ~2 mln), T (to ~0.73 mln from ~1.5 mln), VICI (to ~20.9 mln from ~21.5 mln), ADM (to ~0.33 mln from ~0.72 mln), BAC (to ~0.64 mln from ~0.99 mln)

>>> Appaloosa (David Tepper) discloses updated portfolio positions


Appaloosa (David Tepper) discloses updated portfolio positions in 13F filing: New AMLP ALL WFC positions; Increased PCG holding

 Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: AMLP (~7.07 mln shares), ALL (~0.61 mln), WFC (~0.3 mln)
  • Increased positions in: PCG (to ~6.47 mln from ~3.99 mln), VST (to ~2.53 mln from ~1.98 mln)
  • Closed positions in: SUM (from ~2.98 mln shares), HUN (from ~2.03 mln), BABA (from ~1.5 mln), VNTR (from ~1.38 mln), BYD (from ~1.36 mln), XPO (from ~1.35 mln), STT (from ~1.19 mln), LRCX (from ~1.18 mln), OC (from ~1.07 mln)
  • Decreased positions in: COOP (to ~4.11 mln shares from ~62.77 mln shares), MU (to ~16 mln from ~36 mln), BAC (to ~0.03 mln from ~3.38 mln), NRG (to ~0.46 mln from ~2.62 mln), ESI (to ~0.26 mln from ~2.32 mln), FB (to ~1.43 mln from ~3.3 mln), TMUS (to ~1.04 mln from ~2.69 mln), AABA (to ~2.35 mln from ~3.38 mln), AGN (to ~1.15 mln from ~1.99 mln), TERP (to ~2.68 mln from ~3.06 mln

>>> Elliott Management (Paul Singer) discloses updated portfolio po


Elliott Management (Paul Singer) discloses updated portfolio positions in 13F filing: New ROAN ECA EPE ACHC positions

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: ROAN (~15.79 mln shares), EPE (~3.97 mln), ACHC (~3.25 mln), ECA (~3.05 mln), ISCA (~0.27 mln), SHO (~1.47 mln), HR (~0.63 mln), KREF (~0.52 mln), PRSP (~0.51 mln), MAC (~0.4 mln)
  • Increased positions in: NLSN (to ~14 mln shares from ~5 mln shares), DVN (to ~16.7 mln from ~11.22 mln), RRTS (to ~5.24 mln from ~3.31 mln) AKAM (to ~2.38 mln from ~2 mln)
  • Maintained positions in: ARNC (~51.9 mln shares), BTU (~28.17 mln shares), FE (~25.04 mln shares), HES (~21.95 mln shares), SRE (~11.35 mln shares), UNIT (~8.59 mln shares), TVPT (~6.75 mln shares), CVLT (~2.1 mln shares), FOX (~2.08 mln shares),
  • Closed positions in: ESI (from ~10.95 mln shares), MFGP (from ~6.25 mln) CDK (from ~0.58 mln)
  • Decreased positions in: AABA (to ~22.17 mln shares from ~25.06 mln shares), CTXS (to ~6.09 mln from ~7.09 mln-also has calls) MD (to ~1.7 mln from ~2.04 mln)

>>> Paulson & Co (John Paulson) discloses updated portfolio positions


Paulson & Co (John Paulson) discloses updated portfolio positions in 13F filing: New TVPT S positions

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: TVPT (~3.55 mln shares), S (~2.8 mln), STC (~0.6 mln), TRCO (~0.56 mln), IDTI (~0.43 mln), RHT (~0.38 mln), NSU (~0.25 mln), FOXA (~0.15 mln)
  • Increased positions in: BSIG (to ~5.21 mln shares from ~0.61 mln shares), AKRX (to ~3.27 mln from ~0.52 mln), FOX (to ~2.64 mln from ~1.5 mln), AABA (to ~2.12 mln from ~1.73 mln)
  • Maintained positions in: NG (~21.99 mln shares), BHC (~20.84 mln shares), AU (~12.78 mln shares), ENDP (~8.63 mln shares), HZNP (~7.17 mln shares), TSU (~5 mln shares), DISH (~4.97 mln shares)
  • Closed positions in: T (from ~2.1 mln shares), CME (from ~0.05 mln), TGNA (from ~0.78 mln)
  • Decreased positions in: ODP (to ~5 mln shares from ~10 mln shares), NLSN (to ~1.36 mln from ~3.5 mln), MNK (to ~0.6 mln from ~2 mln), VIAB (to ~1.32 mln from ~2.57 mln), DISCK (to ~11.72 mln from ~12.23 mln), MYL (to ~11.01 mln from ~11.51 mln), TMUS (to ~1.96 mln from ~2.43 mln), AGN (to ~1.55 mln from ~1.62 mln), NXPI (to ~2.33 mln from ~2.58 mln), CZR (to ~3 mln from ~3.14 mln)

>>> Glenview Capital (Larry Robbins and Mark Horowitz) discloses up


Glenview Capital (Larry Robbins and Mark Horowitz) discloses updated portfolio positions in 13F filing: Increased DXC FDC BHC holdings

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: LTHM (~1.52 mln shares), BAX (~0.88 mln), HUM (~0.19 mln)
  • Increased positions in: DXC (to ~9.21 mln shares from ~4.78 mln shares), BKD (to ~14.54 mln from ~10.46 mln), FDC (to ~25.78 mln from ~22.01 mln), BHC (to ~6.59 mln from ~3.53 mln), HOLX (to ~9.91 mln from ~8.34 mln) HCA (to ~4.9 mln from ~4.34 mln), LYB (to ~0.98 mln from ~0.46 mln) NVT (to ~6.66 mln from ~6.16 mln), DLPH (to ~2.78 mln from ~2.31 mln),
  • Maintained positions in: THC (~17.9 mln shares), MTOR (~8.3 mln shares), IQV (~5.36 mln shares), CAR (~4.31 mln shares)
  • Closed positions in: NWL (from ~19.39 mln shares), SYMC (from ~6.28 mln), MIK (from ~3.34 mln), FBHS (from ~2.44 mln), DLTR (from ~1.2 mln), WP (from ~0.92 mln), CHTR (from ~0.63 mln)
  • Decreased positions in: ENDP (to ~4.48 mln shares from ~13.02 mln shares), ARMK (to ~3.02 mln from ~8.35 mln), EBAY (to ~7.19 mln from ~11.58 mln), VER (to ~4.63 mln from ~8.85 mln), NUAN (to ~6.04 mln from ~9.91 mln), ESI (to ~9.08 mln from ~12.49 mln), WBA (to ~0.96 mln from ~3.88 mln), FLEX (to ~15.67 mln from ~17.61 mln), AGN (to ~0.2 mln from ~1.66 mln)

>>> Carl Icahn discloses updated portfolio positions in 13F filing:


Carl Icahn discloses updated portfolio positions in 13F filing: Increased NWL position

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: TEN (~5.65 mln shares)
  • Increased positions in: NWL (to ~41.12 mln shares from ~38.7 mln shares)
  • Maintained positions in: CVI (~71.2 mln shares), FCX (~50.16 mln shares), HLF (~35.23 mln shares), HTZ (~29.26 mln shares), XRX (~23.46 mln shares), LNG (~23.38 mln shares), CNDT (~19.81 mln shares), NAV (~16.73 mln shares)
  • Closed positions in: VMW (from ~0.42 mln shares)
  • Decreased positions in: MTW (to ~1.6 mln shares from ~1.69 mln shares)

>>> ValueAct Holdings (Jeffrey Ubben and Bradley Singer) discloses


ValueAct Holdings (Jeffrey Ubben and Bradley Singer) discloses updated portfolio positions in 13F filing: Increased MS, C, STX holdings

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: BE (~0.25 mln shares), ARMK (~0.23 mln), DAR (~0.18 mln)
  • Increased positions in: MS (to ~26.23 mln shares from ~20.81 mln shares), C (to ~31.53 mln from ~26.23 mln), STX (to ~27.3 mln from ~26.4 mln), LIND (to ~2.3 mln from ~1.69 mln), HE (to ~1.51 mln from ~1.2 mln) UFI (to ~1.13 mln from ~0.93 mln), STRA (to ~0.4 mln from ~0.24 mln) EVA (to ~0.72 mln from ~0.69 mln), KKR (to ~50.7 mln from ~49.7 mln),
  • Maintained positions in: SLM (~39.18 mln shares CBRE (~19.92 mln shares), BHC (~18.03 mln shares)
  • Closed positions in: XRAY (from ~2.2 mln shares), SYMC (from ~0.5 mln)
  • Decreased positions in: AWI (to ~2.24 mln shares from ~5.22 mln shares), ADS (to ~5.21 mln from ~6.08 mln)

>>> Trian Fund (Nelson Peltz) discloses updated portfolio positions in 13F


Trian Fund (Nelson Peltz) discloses updated portfolio positions in 13F filing: Increased PPG holding, Lowered SYY / PNR holdings

New positions Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • Increased positions in: PPG (to ~7.01 mln shares from ~4.14 mln shares)
  • Maintained positions in: GE (~70.87 mln shares), PG (~37.91 mln shares), WEN (~31.63 mln shares), MDLZ (~18.82 mln shares), NVT (~17.56 mln shares), BK (~16.14 mln shares)
  • Decreased positions in: SYY (to ~28.3 mln shares from ~37.66 mln shares), PNR (to ~8.58 mln from ~12.04 mln)

>>> Pershing Square (PSHZF Bill Ackman) discloses updated portfolio


Pershing Square (PSHZF Bill Ackman) discloses updated portfolio positions in 13F filing: New SBUX HLT positions

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:
  • New positions in: SBUX (~11.75 mln shares), HLT (~10.95 mln)
  • Increased positions in: LOW (to ~9.54 mln shares from ~8.44 mln shares), UTX (to ~5.58 mln from ~4.95 mln), ADP (to ~4.07 mln from ~4.03 mln)
  • Maintained positions in: ESI (~40.45 mln shares)
  • Decreased positions in: QSR (to ~19.69 mln shares from ~20.84 mln shares), HHC (to ~1.23 mln from ~2.13 mln), CMG (to ~1.94 mln from ~2.06 mln)