HIGHFIELDS CAPITAL MANAGEMENT LP
Follow13F filer, CIK 1079563, BOSTON, MA
HIGHFIELDS CAPITAL MANAGEMENT LP reported $2,123,252,000 across 24 holdings for the quarter ended 2018-12-31, in a 13F-HR/A filed 2019-05-17. Its ten largest share positions make up 76.12% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001062993-19-002338
A NEW HOLDINGS amendment repeated most of the original and was read as a restatement (H3).
- Period
- 2018-12-31
- Reported value
- $2.12B
- Holdings
- 24
- Top 10 weight
- 76.12%
- New
- 4
- Sold out
- 25
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AAPLnew | +1,000,000 | $158M |
| QQQnew | +888,100 | $137M |
| IWNnew | +267,100 | $28.7M |
| SPYnew | +39,704 | $9.92M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AETNA INC NEWexited | -3,197,113 | -$649M |
| NXPIexited | -3,429,493 | -$293M |
| GOOGLexited | -192,674 | -$233M |
| SHIRE PLCexited | -1,251,200 | -$227M |
| CMCSAreduced | -4,192,000 | -$143M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2018
Share positions as resolved from 13F-HR/A 0001062993-19-002338, largest first. % of portfolio is the value over $2,069,272,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| HLTHILTON WORLDWIDE HLDGS INC | 3,731,704 | $268M | 12.95% | -431,524 | Timeline | ||
| CHTRCHARTER COMMUNICATIONS INC | 670,065 | $191M | 9.23% | 0 | Timeline | ||
| TEVATEVA PHARMACEUTICAL INDS LTD | 11,795,102 | $182M | 8.79% | -2,266,054 | Timeline | ||
| TVGRUPO TELEVISA S A B | 13,412,398 | $169M | 8.15% | -1,009,005 | Timeline | ||
| AAPLAPPLE INC | 1,000,000 | $158M | 7.62% | new | Timeline | ||
| IWOISHARES TR | 840,000 | $141M | 6.82% | 0 | Timeline | ||
| CMCSACOMCAST CORP NEW | 4,142,244 | $141M | 6.82% | -4,192,000 | Timeline | ||
| QQQINVESCO QQQ TR | 888,100 | $137M | 6.62% | new | Timeline | ||
| MICHAELS COS INCMICHAELS COS INC | 7,291,049 | $98.7M | 4.77% | -3,633,382 | |||
| HGVHILTON GRAND VACATIONS INC | 3,413,397 | $90.1M | 4.35% | -369,162 | Timeline | ||
| METAMETA PLATFORMS INC | 650,000 | $85.2M | 4.12% | 0 | Timeline | ||
| MARMARRIOTT INTL INC NEW | 751,045 | $81.5M | 3.94% | -370,634 | Timeline | ||
| BENFRANKLIN TEMPLETON INC | 2,410,747 | $71.5M | 3.46% | -1,541,324 | Timeline | ||
| MHKMOHAWK INDS INC | 504,647 | $59M | 2.85% | -90,353 | Timeline | ||
| MGMMGM RESORTS INTERNATIONAL | 2,200,000 | $53.4M | 2.58% | -1,214,000 | Timeline | ||
| GOOGALPHABET INC | 33,408 | $34.6M | 1.67% | -94,314 | Timeline | ||
| LENLENNAR CORP | 867,000 | $33.9M | 1.64% | 0 | Timeline | ||
| IWNISHARES TR | 267,100 | $28.7M | 1.39% | new | Timeline | ||
| RITEAID CORPRITEAID CORP | 30,526,743 | $21.6M | 1.04% | 0 | |||
| EQTEQT CORP | 676,049 | $12.8M | 0.62% | -4,980,483 | Timeline | ||
| SPYSTATE STR SPDR S&P 500 ETF T | 39,704 | $9.92M | 0.48% | new | Timeline | ||
| ALTA MESA RES INCALTA MESA RES INC | 1,531,894 | $1.53M | 0.07% | -5,057,752 | |||
| ALTA MESA RES INC …ALTA MESA RES INC 3 | 3,833,333 | $324K | 0.02% | 0 |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| TSLATESLA INC COM | put | 162,200 | $54M | -87,800 |
Sold out in Q4 2018
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| AETNA INC NEWAETNA INC NEW | 3,197,113 | $649M | shares |
| NXPINXP SEMICONDUCTORS N V | 3,429,493 | $293M | shares |
| GOOGLALPHABET INC | 192,674 | $233M | shares |
| SHIRE PLCSHIRE PLC | 1,251,200 | $227M | shares |
| AXTAAXALTA COATING SYS LTD | 3,877,000 | $113M | shares |
| RJFRAYMOND JAMES FINL INC | 1,152,200 | $106M | shares |
| CCEPCOCA-COLA EUROPACIFIC PARTNE | 2,251,926 | $102M | shares |
| PBR-APETROLEO BRASILEIRO S A | 8,500,000 | $88.9M | shares |
| TSLATESLA INC | 287,368 | $76.1M | shares |
| SONYSONY GROUP CORP | 1,010,100 | $61.3M | shares |
| PBRPETROLEO BRASILEIRO S A | 4,500,000 | $54.3M | shares |
| EQTEQT CORP | 1,000,000 | $44.2M | call |
| HCAHCA HEALTHCARE INC | 270,000 | $37.6M | shares |
| LLYELI LILLY & CO | 350,000 | $37.6M | shares |
| GLDSPDR GOLD TR | 300,000 | $33.8M | call |
| INTERCEPT PHARMACEUTICALS ININTERCEPT PHARMACEUTICALS IN | 239,232 | $30.2M | shares |
| HRIHERC HLDGS INC | 544,860 | $27.9M | shares |
| BPBP PLC | 500,000 | $23.1M | shares |
| PBRPETROLEO BRASILEIRO S A | 1,500,000 | $18.1M | call |
| TWENTY FIRST CENTY FOX INCTWENTY FIRST CENTY FOX INC | 359,000 | $16.6M | shares |
| SUMMIT MATERIALS INC CLASS ASUMMIT MATERIALS INC CLASS A | 750,000 | $13.6M | shares |
| LIBERTY GLOBAL PLCLIBERTY GLOBAL PLC | 462,000 | $13.4M | shares |
| ALLERGAN PLCALLERGAN PLC | 37,500 | $7.14M | shares |
| HHYATT HOTELS CORP | 34,500 | $2.75M | shares |
| EWZISHARES INC | 18,900 | $637K | call |
How Q4 2018 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001062993-19-000935 | superseded | 2019-02-14 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0001062993-19-002338 | base | new holdings | 2019-05-17 | acceptance time not in the bulk data set |