Atticus Capital Key Q1 Buys and Sells
Posted on Tuesday, June 17th, 2008 | In Current Market News, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -
Atticus Capital, run by Tim Barakett, considered one of the top hedge fund managers in the U.S., made the following SIGNIFICANT ($40+ million) key trades for his fund in Q1:
The fund’s stock holdings went from $18 billion to $8.7 billion because he sold a ton of stocks and bought very few.
Buys were Newmont Mining, Visa, and Anglo Gold Ashanti. Sells included Banco Bradesco, Banco Itau, Brookfield Asset Management, Canadian Natural Resources, CME, CSX, Diamond Offshore, Entergy, Goldman Sachs, Inverness Medical, Norfolk Southern, Research In Motion, Schlumberger and Verisign.
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