Market Overview

Jana Partners LLC Files its 13F

Share:
Related APA
Large-Cap Oil Producers' Spending, Cash Flow In Line By FY16
Must Watch Stocks for May 7, 2015
Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q1 2015 Update (Seeking Alpha)
Related CBS
13F Watch: Krevlin's Glenhill Advisors Buys Pier 1, Nexstar; Slashes American Airlines, Jamba
Advertisers Faced With 'Digital Deflation'
What's Next For Malone M&A: Liberty Global, Content? (Investor's Business Daily)

Before the market opened today, Jana Partners filed its form 13F with the SEC, disclosing its holdings for the quarter ended June 30.

From the prior quarter, Jana's positions increased from 51 to 65, while the total value increased from ~8.5 billion to ~16 billion.

The changes include:

New Stake

  • ~4.1 million Class B shares and 200 thousand Class A calls of CBS (NYSE: CBS).
  • ~4.5 million shares of Apache (NYSE: APA) common stock with access to another ~5.5 million through calls.

Increased Stake

  • A ~6 million share addition to its holding in Groupon (NASDAQ: GRPN) from ~41 million to ~47 million.

Reduced Stake

  • A drop in eBay (NASDAQ: EBAY) common shares from ~4 million to 1 million.

Liquidated

  • ~9 million common shares of Juniper Networks (NYSE: JNPR)
  • ~2 million shares of Teva Pharmaceutical (ADR) (NYSE: TEVA)

 

Posted-In: Jana PartnersNews Hedge Funds Legal Trading Ideas General

 

Related Articles (APA + CBS)

Around the Web, We're Loving...