Q3 Fund Activity

Click on the links to view their holdings

Royal London Asset Management Ltd re-adds Apple and Amazon to the top of their holdings after liquidating both positions in the second quarter. Also re-added Berkshire Hathaway and Bank of America.
AUM $13,207,186,000, up 25%

Cookson Peirce & Co Inc increases KLA-TENCOR CORP by 676%;
AUM $1,144,592,000, down 4%

Magnolia Group, LLC cuts ALLY FINL INC by 23%, a position representing 14.98% of their total holdings; highly concentrated; AUM $892,858,000, down 2%

Ursa Fund Management, LLC down 83%, mostly due to ALTABA, adds BABA

Umb Bank NA/MO  up 2%, $4,164,229,000; little changes

Aperio Group, LLC up 3%, $25,415,147,000 ·

Nokota Management, LP $762,358,200, down 17%; increases PG&E CORP by 37%, adds SPY puts while cutting SPY calls by 72%; adds several new positions; highly concentrated

Price Michael F $723,411,000, down 6%; increases Dolby Laboratories Inc by 26%, their second most concentrated position; highly concentrated

Searchlight Capital Partners, L.P. $250,280,000, down 4%; highly concentrated

Paradigm Capital Management $1,116,629,000, up 2%

Davide Leone & Partners Investment Co Ltd. $556,917,000, down 45%; sells several positions; highly concentrated

Harvest Fund Advisors LLC $9,577,771,000, down 5%; increases MPLX LP; highly concentrated

Maverick Capital $6,804,284,000, down 1%; increases DUPONT DE NEMOURS INC and DXC TECHNOLOGY CO by 35% and 51%, respectively.

Fir Tree Capital  $1,015,307,200, up 3%; adds AMPLIFY ENERGY CORP NEW; highly concentrated

venBio Partners $210,789,000, no change; highly concentrated

Redwood Capital $917,490,000. down 35%; cuts PG&E CORP by 15%; highly concentrated

AO Asset Management, $1,016,627,000, up 5%; increases Facebook by 181%, adds FIDELITY NATL INFORMATION SV, cuts T MOBILE US INC by 27%

Pentwater Capital Management  $3,604,045,400, down 37%; increases SPY by 314%, SPARK THERAPEUTICS INC by 170%; 17% of their portfolio is allocated to Celgene

Windacre Partnership $1,998,708,000, down 3%; cuts TRANSDIGM GROUP INC by 30%, NIELSEN HLDGS PLC by 24%, and VISA by 23%, while increasing MOODYS CORP by 9%; highly concentrated

Index Venture Growth Associates   $127,593,000, down 8%; cuts DROPBOX INC by 50%; only two positions

Newbrook Capital Advisors $1,283,789,000, down 4%; increases FIDELITY NATL INFORMATION SV by 128%, ALIBABA GROUP HLDG LTD by 43%, sells BOEING CO after adding in the 2nd; highly concentrated

Index Venture Associates VI $1,486,262,000, up 443% due to DATADOG IPO; cuts ELASTIC N V by 59%; only two positions

Index Venture Growth Associates II  $183,677,000, down 45%; sells 50% of DROPBOX INC; highly concentrated

Tybourne Capital Management $2,301,259,000, down 18%; increases SALESFORCE COM INC by 39%, MERCADOLIBRE INC by 27%, TWILIO INC by 49%; sells CTRIP COM INTL LTD, MONSTER BEVERAGE CORP NEW, and INTUITIVE SURGICAL INC; highly concentrated

Governors Lane $719,047,900, down 39%; adds ALLERGAN PLC, and CONYERS PK II ACQUISITION CO; sells several positions; highly concentrated

Glendon Capital $433,471,000, up 2%; highly concentrated

Oberndorf William $185,454,000, down 9%; cuts Instructure, Inc. by 7%; highly concentrated

Advent International Corp $2,339,507,000, up 3%; highly concentrated

Castle Hook $1,577,670,000, up 3%; increases SPY put by 350%, ALPHABET INC by 184%, BOEING CO by 189%, adds UNITED TECHNOLOGIES CORP, increases PAYPAL HLDGS INC, cuts AMAZON COM INC by 12%; highly concentrated

Knighthead Capital  $285,323,200, down 45%; highly concentrated

Crawford Lake $221,667,600, down 19%; highly concentrated.

Nantahala Capital Management $1,499,737,600, down 19%; increases UNIQURE NV by 39%, cuts RH by 40%

Meditor Group Ltd $410,559,000, down 17% on no changes

Lone Star Global Acquisitions $654,950,000, down 3%; sells 16% of  Foundation Bldg Matls Inc, a position representing 50% of their holdings

Orbis Allan Gray  $13,538,026,000, down 3%; about 30% of their portfolio is concentrated in NETEASE INC, XPO LOGISTICS INC, and ABBVIE INC

Vivo Capital

Farallon Capital Management  $8,846,637,500, down 28%

New Mountain Vantage Advisers $2,510,867,700, down 13%

Permian Investment Partners $460,770,000, up 1%; increases GODADDY INC by 49%

Silver Lake Group $4,143,286,000, up 2%; highly concentrated

Standard General  $699,818,000, down 10%; increased TEGNA INC by 46%; highly concentrated

Silver Point  $865,182,700, up 7%; adds SPY calls; increases PG&E CORP by 36%, cuts CAESARS ENTMT CORP by 15%, but increases ELDORADO RESORTS INC by 21%; highly concentrated

12 West Capital Management $1,534,288,000, up 17%; increases SMARTSHEET INC by 126%, GODADDY INC by 38%, and REPLIGEN CORP by 93%; highly concentrated

SailingStone Capital Partners $393,523,000, down 59%; significantly cut most of their positions; highly concentrated

Kensico Capital Management $5,228,554,000, down 5%; sells PG&E CORP after adding in the 1st quarter; 30% concentrated in CHENIERE ENERGY INC and CONSTELLATION BRANDS INC; also sold TABLEAU SOFTWARE INC; highly concentrated


Pershing Square Capital  
$6,266,084,000, down 7%; increased BERKSHIRE HATHAWAY INC DEL by 14% while slightly trimming their tops positions; highly concentrated

Glenview Capital Management $9,505,554,000, down 14%

Armistice Capital $1,120,994,300, down; highly active

Westwood Global Investments $893,468,000, down 9%; little changes; highly concentrated

Toronado Partners $292,306,000, up 28%; increased NEW RELIC INC by 114%; highly concentrated

Longview Partners  $21,490,891,000, up 4%; very little changes other than a 4% decrease to FIDELITY NATL INFORMATION SV; very concentrated for it’s size.  Run by the Crown Family

Longview Asset Management $6,394,819,000, up 1%; no change and extremely concentrated

Mason Capital Management  $410,266,000, down 22%; sold FOX CORP, increased CLEAR CHANNEL OUTDOOR HLDGS by 449%, OCCIDENTAL PETE CORP and MADISON SQUARE GARDEN CO NEW by 35% and 16%, respectively; very concentrated

Svennilson Peter $321,765,000, down 8%; increased CONSTELLATION PHARMCETICLS by 28%

Soma Equity Partners  $1,321,594,800, up 6%; sold UBER; added to most of their top positions; highly concentrated

Broadwood Capital $720,376,000, down 10%; highly concentrated

Baupost Group  $8,830,275,000, down 20%; sold XPO LOGISTICS INC, SINCLAIR BROADCAST GROUP INC, and reduced EBAY INC by 31%; highly concentrated


Akre Capital Management
$10,144,069,000, up 3%; highly concentrated

HG Vora Capital Management $1,043,946,000, down 24%; highly concentrated

Primavera Capital Management $2,071,459,000, down 2%; highly concentrated

Crestview Partners $246,159,000, down 33%; sold 77% of Northern Oil & Gas, Inc.; highly concentrated

Flagship Pioneering $892,839,151, down 61%; sells Quanterix Corp; highly concentrated

New Leaf Venture Partners $330,614,000, down 11%; cuts DECIPHERA PHARMACEUTICALS INC and PRINCIPIA BIOPHARMA INC by 25% and 24%, respectively; highly concentrated

Winder Investment  $2,629,775,000, down 15%; 94% concentrated in International Flavors & Fragrances Inc.

683 Capital  $630,809,300, down 21%

RGM Capital $1,502,092,000, up 8%; sells 13% of LAM RESEARCH CORP, adds MEDALLIA INC, sells 39% of MANHATTAN ASSOCIATES INC, increases LIVERAMP HOLDINGS INC by 54%, BOX INC by 64%; concentrated

Southeastern Asset Management $5,734,269,000, down 6%; slightly trims most of their top positions, but increases Park Hotels & Resorts Inc. by 24%; highly concentrated

Cormorant Asset Management $1,410,251,800, down 12%; increases MIRATI THERAPEUTICS INC by 45%

RTW Investments $1,681,540,000, down 10%; cuts Alnylam Pharmaceuticals Inc by 20% after increasing the position by 400% in the second quarter, sells  ARROWHEAD PHARMACEUTICALS IN; highly concentrated

Goodnow Investment Group $704,371,000, down 7%; increases ETSY INC by 42%; 30% of their portfolio is concentrated in ZEBRA TECHNOLOGIES CORP and CARVANA CO

SQN Investors $951,607,000, down 14%; makes several changes; tech focused and highly concentrated

Trian Fund Management $9,579,912,000, up 1%; sells PPG Inds Inc.; almost 50% concentrated in Procter and Gamble Co., Sysco Corp., and Mondelez Intl Inc.

Serenity Capital $433,552,000, up 31%; increases ALIBABA TAL EDUCATION GROUP by 67% and 47% respectively; highly concentrated

Susquehanna International Group $67,131,255,500, down 24%

Investor AB $1,949,374,000, up 3%; 98.84% in NASDAQ INC

CAS Investment Partners $452,824,000, up 16%; adds AT HOME GROUP INC, allocating 17.73% of their portfolio to the company; highly concentrated

Shannon River Fund Management $443,546,500, up 1%; adds FLEX LTD; highly concentrated

Jackson Square Partners $25,251,356,000, down 66%

Arosa Capital Management $417,425,700, down 3%; sells several positions, increases SUNRUN INC by 195%

Casdin Capital $1,486,485,081, up 39%; significantly increases several of their top holdings; highly concentrated

Falcon Edge Capital $476,358,200, down 60%; sells LYFT  and increases CAESARS ENTMT CORP by 160%; highly concentrated

Kylin Management  $349,156,000, down 13%; makes several changes; highly concentrated

 Caledonia (Private) Investments $4,111,571,000, down 29%; almost completely liquidates MARTIN MARIETTA MATLS INC, VULCAN MATLS CO, and FOX CORP, while increasing HOWARD HUGHES CORP by 45%; highly concentrated

Continental Grain $368,655,000, up 36%; adds Alico Inc, investing $100 million into the company; highly concentrated

Delphi Financial Group $293,632,000, up 9%; increases MPLX LP by 236%; highly concentrated

Magellan Asset Management  $35,240,977,000, up 1%; invests 2.5 billion into ALIBABA GROUP HLDG LTD, sells 11% of Microsoft and 19% of APPLE while adding 15% to ALPHABET.  Also significantly increased their energy holdings; highly concentrated

Ward Ferry Management $835,878,000, down 14%; sells 21% of SEA LTD while adding 55% to YY INC; highly concentrated

Causeway Capital $8,372,544,000, down 8%; sells 14% of LINDE PLC, their most concentrated position, and completely liquidates GENERAL ELECTRIC CO; highly concentrated

Odey Asset Management Group $895,532,000, down 24%; adds VALARIS PLC and makes several other changes; concentrated

Riverstone Holdings  $1,485,883,000, down 30%; sells ALTA MESA RES INC and EP ENERGY CORP while cutting LIBERTY OILFIELD SVCS INC by 17%; highly concentrated

BloombergSen Inc. $1,384,923,500, up 2%; almost completely liquidates INTERNATIONAL GAME TECHNOLOG; highly concentrated

TCI Fund Management $19,271,771,000, up 4%; sells 35% of Microsoft and increases ANTHEM INC by 35% after adding in the 2nd quarter; highly concentrated

Echinus Advisors $1,155,887,000, up 16%; sold 17% of MERCADOLIBRE INC and increased GUIDEWIRE SOFTWARE INC by 102%; highly concentrated

Immersion Capital $631,593,000, down 1%; sells BOOKINGS and adds ALPHABET INC and MICROSOFT CORP while also increasing RYANAIR HLDGS PLC by 32%; highly concentrated

Slate Path Capital $1,492,930,300, down 11%; sold 24% of SNAP INC; highly concentrated

D1 Capital Partners  $7,239,472,000, up 3%; adds and sells several positions; highly concentrated

Silver Heights Capital Management $197,541,000, down 3%; only four positions

NextCapital Advisers $1,613,238,000, up 26%; increases almost every position

Zweig-DiMenna Associates $1,127,635,000, up 7%

EcoR1 Capital $753,672,000, down 22%; sells several positions, but allocates 9% of their portfolio to PROTHENA ORD.

Cedar Rock Capital $4,315,615,000, up 2%; highly concentrated

Alatus Capital  $207,743,000, down 5%; increases LIBERTY GLOBAL PLC by 12%; only two positions

Folketrygdfondet $2,876,406,000, no change; increases Novo Nordisk AS by 10%; highly concentrated

Hengistbury Investment Partners $770,381,000, up 9%; increases VISA by 17%; highly concentrated

Charles-Lim Capital $500,550,000, down 12%; cuts Sea Ltd by 16%, increases HDFC Bank Ltd by 152%; only three positions

Stockbridge Partners  $2,519,226,000, down 3%; cuts TRANSDIGM GROUP INC, their most concentrated positions, by 20%, increases AMAZON by 58%; highly concentrated

Altai Capital Management $115,624,000, down 11%; highly concentrated

Thoma Bravo $5,494,192,000, up 183% due to Dynotrace IPO; only two positions

Argyll Research $376,795,000, no change; 82% allocated to Enterprise Products Partners LP

Allen Holding $657,337,000, no change; 50% allocated to COCA COLA CO

Northcape Capital  $567,130,000, up 3%; increases HDFC BANK LTD by 112%; highly concentrated

Joho Capital $566,234,000, down 13%; about 90% concentrated in four stocks

Adage Capital Partners $40,721,244,000, up 1%

Legal & General Group  $189,667,174,000, up 2%

Geode Capital Management $428,497,422,000, up 4%

Apollo Management Holdings $7,980,131,000, up 1%; 70% concentrated in ADT INC and ONEMAIN HLDGS INC

Great Point Partners $957,232,300, up 15%; increases several of their top holdings; pharmaceutical; highly concentrated

Avoro Capital Advisors $2,397,262,000, down 17%; pharmaceutical; highly concentrated

H Partners Management $857,921,000, up 3%; only two positions:  TEMPUR SEALY INTL INC and SIX FLAGS ENTMT CORP NEW

Donald Smith & Co., Inc. $2,618,560,000, 4%; increased GOLD FIELDS LTD by 45% and IAMGOLD CORP by 26%, while cutting KINROSS GOLD CORP by 64% and MICRON by 47%

Route One Investment Company $3,316,749,000, up 2%; 50% of their portfolio is concentrated in Post Holdings Inc., Fastenal Company and The Charles Schwab Corporation

Abrams Bison Investments $1,001,259,000, up 4%; increases PIONEER NAT RES CO by 196%; very concentrated

.Generation Investment Management  $14,544,555,000, no change; increases ALPHABET INC by 24%, their top position, and THE CHARLES SCHWAB CORPORATI by 30%; almost completely liquidates NVIDIA CORP; extremely concentrated for it’s size

Consonance Capital Management $1,010,567,000, down 28%; sells several positions, and deceases AMARIN CORP PLC by 26%, while adding TANDEM DIABETES CARE INC; highly concentrated

Engaged Capital LLC $789,344,000, down 4%; adds MEDIFAST INC; 57% of their portfolio is concentrated in HAIN CELESTIAL GROUP INC

Monarch Alternative Capital $232,284,100, down 4%; increases P G & E CORPORATION by 135% after adding in the 2nd, also sells OI S A; highly concentrated

Yiheng Capital $816,963,000, down 4%; increases BILIBILI INC by 55% and BAIDU INC by 119%; Asia focused; highly concentrated


Sarissa Capital
$797,914,000, down 1%, increases INTERCEPT PHARMACEUTICALS INC by 12% and JAZZ PHARMACEUTICALS PLC by 23%; very concentrated

Whale Rock Capital  $5,414,864,000, down 6%; tech focused; highly concentrated

Airbus Group NV $4,946,101,000, down 14%; cuts JPMORGAN CHASE & CO and FEDEX CORP  both by 58% but interestingly takes a small position in MORGAN STANLEY; very concentrated

Angelo Gordon & Co.  $772,699,300, down 10%; increases  NORTHERN OIL & GAS INC NEV by 184%, ALLERGAN PLC by 260% and PG&E CORP by 250% after adding in the 2nd, while cutting ENERGY TRANSFER LP by 18%; 17% concentrated in VISTRA ENERGY CORP

Valley Forge Capital Management $448,068,000, up 6%; increases MOODY’s, VISA and MASTERCARD; highly concentrated

Marshfield Associates $1,586,672,000, up 2% on few changes; highly concentrated

Whitebox Advisors $1,746,974,000, down 15%; adds INTELSAT S A, investing $112,095,00 into the company; increases SPY puts by 50%, and increases DELL TECHNOLOGIES INC by 139%, adds ARBOR RLTY TR INC and IAC INTERACTIVECORP, cuts TESLA by 21%

Camber Capital Management $1,772,517,500, up 1%; cuts all three of their top positions, ALLERGAN PLC, MYLAN N V, and PERRIGO CO PLC by 20%, 8% and 15%, respectively; sells TEVA after increasing by 86% in the second quarter

Aqr Capital Management  $85,673,675,000, down 4%; cuts Microsoft, Apple, and ALPHABET INC by 18%, 10%, and 13% respectively

Legion Partners Asset Management, $407,600,000, no change; increases BED BATH & BEYOND INC by 45% and PRIMO WTR CORP by 12%; very concentrated

Sirios Capital Management $1,517,837,000 . down 2%; increased ELANCO ANIMAL HEALTH INC by 480%

Select Equity Group $13,962,403,080, no change; increased LIVE NATION ENTERTAINMENT IN by 24%; highly concentrated for its size

Fortress Investment Group $953,830,000, up 4%; very little changes other than a 5% decrease to Vistra Energy, their most concentrated position, representing 38% of their portfolio.  They also added DIAMOND EAGLE ACQUISITION CO

Zevenbergen Capital Investments $2,633,916,000, down 14%; cuts Shopify Inc by 16% and increases Tesla Inc by 11%


Segantii Capital Management 
$644,010,700, down 36%; highly concentrated in Asia; cuts HSBC HLDGS PLC by 34% and ALIBABA GROUP HLDG LTD by 76%, but increases CTRIP by 102% while almost completely liquidating TENCENT MUSIC ENTMT GROUP and UBER; highly concentrated 


Melqart Asset Management 
$1,075,889,800, down 15%; cuts NXP SEMICONDUCTORS N V by 9%, increases ALLERGAN PLC by 119%, CYPRESS SEMICONDUCTOR CORP by 91%; sells several positions; highly concentrated

Skye Global Management $929,927,200, up 10%; increases AMAZON COM INC by 36% and Apple by 6%, positions representing 64% of their portfolio; cuts Microsoft by 57%, increases ATLASSIAN CORP PLC and adds INSTRUCTURE INC.  Also bought Dropbox in the second quarter and sold in the third.

.Suvretta Capital Management $3,714,680,200, down 9%; adds FIDELITY NATL INFORMATION SV, GLOBAL PMTS INC, L3HARRIS TECHNOLOGIES INC, ACTIVISION BLIZZARD INC, UNITED PARCEL SERVICE INC; sells ALIBABA GROUP HLDG LTD and several other stocks; highly concentrated

First Light Asset Management, $661,520,000, down 8%; pharmaceutical

Intact Investment Management $2,815,830,000, up 1%; reduces TD by 39%

Agf Investments Inc. AUM $7,976,207,00, down 3%; trims several of their top holdings; increases SPDR Bloomberg Barclays by 13%, although it represents only 1.54% of their total holdings

Dupont Capital Management Corp increases iShares Core MSCI EAFE ETF, their second most concentrated position, while also increasing SPDR S&P 500 Trust ETF by 74%, a position representing 16.23% of their total holdings; AUM $4,356,009,000, down 1%

KBC Group NV up 6%, $13,634,863,000; increased several of their top holdings

Kiltearn Partners LLP $2,753,161,000, down 13%; reduces MCKESSON CORP by 35%, increases AFFILIATED MANAGERS GROUP IN by 18% and WELLS FARGO CO NEW by 41%

Aviva PLC $14,755,960,000, up 1%; their top holdings include Microsoft, Apple, Amazon, and Alphabet, representing 12% of their portfolio. Each of these positions increased by 8%, 10%, 8%, and 15% respectively

Fisher Asset Management, LLC $91,128,569,000, up 1%; increased most of their top holdings; decreased iShares iBoxx $ Investment Grade Corporate Bond ETF by 25%, a position valued at 1,984,765,000, and 21% of UBS AG FI Enhanced Global High Yield ETN, a position valued at 1,595,760,000

Schafer Cullen Capital Management Inc  $8,298,412,000, down 2%; reduces Welltower Inc. by 11%

Zurcher Kantonalbank (Zurich Cantonalbank) $11,938,231,000, up 1%, trimmed UBS by 8%

Investec Asset Management Ltd $25,988,396,000, down 2%; adds BABA, allocating 5.08% to the company, their second most concentrated holding; trims BOOKING HOLDINGS INC by 21% and ALPHABET INC by 11%

Investec Asset Management North America, Inc. increases Alibaba by 48%

Alecta Pensionsforsakring, Omsesidigt $12,507,577,000, up 2%; cuts WELLS FARGO by 26%

Los Angeles Capital Management & Equity Research Inc $18,456,304,000, DOWN 1%; trimmed Amazon by 17% and Home Depot by 15%, while increasing PROCTER & GAMBLE by 34%

Arp Americas LP $1,469,019,000, down 2%. Increased or added several positions, while also liquidating many positions

Kayne Anderson Capital Advisors LP $6,214,608,000, down 7%; trimmed several of their top positions; increased MPLX LP by 29%

Janney Capital Management LLC added iShares Core MSCI EAFE ETF and Vanguard Total Bond Market ETF representing 4.62% and 2.71% of their total holdings, respectively. AUM $1,792,416,000, down 3%

Janney Montgomery Scott LLC $14,358,080,000, up 10%; increased most holdings; index focused

Nikko Asset Management Americas, Inc. $5,628,399,000, up 10%; increased Square, their top position, by 33%. Tech focused; concentrated. Liquidated LendingClub Corp after increasing the position by 35% in the prior quarter.

BP PLC [ formerly BP Amoco PLC ] $2,701,013,0, no change ·

INCA Investments LLC $526,543,000, down 7%; increased CREDICORP LTD by 74%

Connecticut Wealth Management, LLC $811,170,000, no change; index

Dearborn Partners LLC $1,729,481,000, up 6%; increased almost every position by around 1 or 2 percent

SG Americas Securities, LLC $11,474,698,988, down 17%; allocated iShares iBoxx $ Investment Grade Corporate Bond ETF to the top of their holdings, representing 2.63% of their portfolio,while decreasing iShares iBoxx $ High Yield Corporate Bond ETF by 39%

Sumitomo Mitsui Trust Holdings, Inc. $115,113,972,000, up 3%

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Ltd

Simplex Trading, LLC $4,437,474,300, down 5%

Systematic Financial Management LP $2,231,598,000, down 13%

Suncoast Equity Management $471,885,000, down 3%; slightly trimmed most of their holdings

Redwood Investments, LLC $1,298,780,000, down 4%

Smead Capital Management, Inc. $2,046,835,000, down 1%; trims most holdings, but increases OCCIDENTAL PETE CORP by 157%. Also added Macerich

State Treasurer State of Michigan $11,042,784,000, no change; cut AGNC Investment Corp. by 13%, their most concentrated position

Cantillon Capital Management LLC $10,286,687,000, up 4%; slightly trimmed almost all of their positions by about 1%, while adding to Agilent Technologies

Creative Planning $30,707,278,300, up 3%; index

Thomas H Lee Partners LP cuts another 42% from Ceridian HCM Holdings Inc. after selling 15% of their 2 billion stake in the second quarter. Highly concentrated

Rothschild & Co Asset Management US Inc. $9,243,349,000, down 1%; seems to like QUANTA SVCS INC

Coronation Fund Managers Ltd. $2,677,646,000, down 2%; increases 58 COM INC by 24% and HDFC BANK LTD by 116%; very active

Cambiar Investors LLC $3,117,606,000, down 19%; trims most of their top holdings by double digits

Marathon Capital Management  $247,954,000, up 1%; cuts Enphase Energy Inc by 19%

Hanson McClain, Inc.$2,620,433,000, up 2%

Troy Asset Management Ltd $2,480,570,000, up 4%; cuts COCA-COLA CO by 15%

Chemical Bank [ formerly Chemical Bank & Trust Co/MI ] $881,366,000, down 1%; adds Dupont De Nemours Inc and Dow Inc

Swarthmore Group Inc takes several new positions in the second quarter, unchanged in the third

Mn Services Vermogensbeheer B.V.$10,779,357,000, up 27%; very bullish

Royal Bank of Scotland Group PLC $413,346,000, down 25%, cutting most of their holdings

RNC Capital Management LLC $1,438,890,000, no change

Brookstone Capital Management $1,838,136,600, up 6%, index

Texas Yale Capital Corp $1,394,142,000, up 4%

Greenleaf Trust trims Stryker Corp by 3%, a position representing 72.40% of their $6,436,522,000 portfolio

Westside Investment Management, Inc.  $1,284,729,836, up 371%, bond focused

Artemis Investment Management LLP down 14%, $7,324,655,000; sells 14% of Microsoft, their top position

Clarkston Capital Partners, LLC $3,216,916,600, up 10%

Manning & Napier Group, LLC  $8,938,648,000, down 3%

Schwartz Investment Counsel Inc $1,967,802,000, down 1%

Saratoga Research & Investment Management $1,548,641,000, down 3%; sells 14% of Apple, their most concentrated position

Confluence Investment Management LLC $6,495,993,000, down 3%

Commerzbank Aktiengesellschaft/FI $12,294,013,000, up 3%, increases several positions

Rheos Capital Works Inc. adds Facebook and Google, up 18%

Nationwide Fund Advisors down 28%.

Global Thematic Partners, LLC down 23%, trims all positions by about 1/4

Sather Financial Group Inc $550,385,000, up 4%; increases ALPHABET INC by 42%, COGNIZANT TECHNOLOGY SOLUTIO by 28%, and BANK NEW YORK MELLON CORP by 44%

Perella Weinberg Partners Capital Management LP Trims several positions, down 81%

SG Capital Management LLC down 4%, adds HARSCO CORP

Jag Capital Management, LLC down 7%

Resolution Capital Ltd up 19%

Robeco Institutional Asset Management B.V. no change

Copeland Capital Management, LLC up 8%

Bessemer Group Inc down 6%

Rothschild Capital Partners, LLC up 2%

Rice Hall James & Associates, LLC down 7%

Cullen/Frost Bankers, Inc. up 4%

Candriam Luxembourg S.C.A.liquidated, probably a name change, complete later

Cypress Funds LLC down 17%

Provident Trust Co up 9%

PointState Capital

Discovery Capital Management

Woodson Capital Management, LP

Institutional Venture Management XIV, LLC

Institutional Venture Management XIII, LLC

Institutional Venture Management XV, LLC

AH Equity Partners III, L.L.C.  $615,600,000, down 38%; made no changes

Sand Hill $1,066,140,000, up 9%;

Diamond Hill Capital Management Inc up 1%

Summit Partners LP, down 9% cuts INOVALON by 50%; concentrated

Bank of Italy $1,846,535,000, down 1%; increases CNH INDL N V by 6%

DekaBank Deutsche Girozentrale $16,119,921,000, down 19%; cuts MICROSOFT CORP by 17%, AMAZON by 11% and APPLE by 9%

Ardevora Asset Management LLP down 12%

Close Asset Management Ltd down 12%

SeaTown Holdings Pte. Ltd. up 37% after liquidating several positions in the second quarter

Aozora Bank, Ltd. $924,431,000, down 14%; cuts Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX) by 40%; highly concentrated

Compass Capital Management, Inc up 2%

Genesis Asset Managers, LLP $3,532,385,000, up 2%; Asia weighted, highly concentrated

Advisor Group, Inc. $13,547,678,303, up 4%

CWM, LLC  up 14%

Iridian Asset Management LLC/CT down 19%, concentrated

ADAMCAPITAL Gestao de Recursos Ltda. down 16%, concentrated

NextCapital Advisers, Inc. up 26%

Great West Life Assurance Co/CAN down 4%

Oslo Asset Management AS down 73%, energy focused; highly concentrated

Merriman Wealth Management, LLC down 90%

CIBC Private Wealth Group, LLC no change

Sanders Capital, LLC down 96%

Chicago Equity Partners LLC down 6%

Conestoga Capital Advisors, LLC down 2%

General American Investors Co Inc down 4%

Markel Corp up 2%

Poplar Forest Capital LLC down 6%, increases AT&T

Glynn Capital Management LLC down 7%

Minneapolis Portfolio Management Group, LLC down 5%, increases Boeing by 20%, their 2nd most concentrated position

Duff & Phelps Investment Management Co up 3%, $7,390,582,000

Jensen Investment Management Inc, highly concentrated; $9,359,105,000, up 7%; increases several of their top holdings

Pelham Capital Ltd., highly concentrated; completely liquidates CLEVELAND CLIFFS INC, increases Altice by 17%; $891,281,000, unchanged

Tree Line Advisors $229,558,000, up 13%; increases BABA by 176%

Capital Wealth Planning, LLC$1,575,125,900, up 14%

Yacktman Asset Management LP  $8,135,073,000, down 2%; reduces Procter & Gamble by 33%, increases Macy’s by 115%

Lindsell Train Ltd $5,918,173,000, unchanged; highly concentrated

Broad Peak Investment Management LTD. $707,224,000, up 35%; increases BABA by 563%

Swiss National Bank, $94,087,136,000, up 1%, very little changes, except for FIDELITY NATL INFORMATION SV

Ownership Capital B.V.  $2,163,731,000, down 2%; slightly adds to almost every position

Columbus Circle Investors $2,740,414,000, down 27%

Envestnet Asset Management Inc, $91,714,054,000, up 15%

Boussard & Gavaudan Investment Management LLP

Buckingham Asset Management, LLC $922,500,000, unchanged; increases Facebook by 35%, their most concentrated position

Ako Capital LLP $4,107,063,000, up 4%; increases Linde by 36%

Caymus Capital Partners, L.P. , $316,762,000, down 30%; increases ENCANA CORP by 872%; energy focused

State Board of Administration of Florida Retirement System $38,232,920,000, down 1%

Kahn Brothers Group Inc/DE $797,584,913, unchanged; sells 81% of Merk, their most concentrated position

Veritas Investment Management LLP $1,136,399,000, up 2%; very little changes

Optiver US LLC $3,547,064,900, down 10%; index

ACR Alpine Capital Research, LLC $1,984,625,000, up 5%; increases Goldman Sachs Access Treasury 0-1 Year ETF by 25%

Equity Investment Corp, $2,801,208,000, down 2%; trims almost everything except for KROGER CO, increasing the position by 29%

Tweedy, Browne Co LLC $2,826,210,000, unchanged; increased UNILEVER 539%, and decreased BAIDU INC. by 40%

Robert Wood Johnson Foundation no change, down 7%. Only position is JOHNSON & JOHNSON

CIBC Asset Management Inc  $16,963,530,600, up 2%

Adventist Health System Sunbelt Healthcare Corp $1,757,232,000, up 4%; increases iShares J.P. Morgan USD Emerging Markets Bond ETF by 50%, representing 13.73% of their portfolio

Public Investment Fund $4,213,151,000, no changes; down 19%; highly concentrated

SCF Partners, Inc. $263,969,000, down 42%; energy focused and highly concentrated

Green Street Investors, LLC $170,311,000 up 9%; real estate focused

Wells Fargo & Company/MN, $352,883,335,300, up 1%; increases iShares Core U.S. Aggregate Bond ETF by 14% and iShares Core S&P 500 ETF by 7%. Both positions represent their top three most concentrated holdings

Jennison Associates LLC, $94,651,613,400, down 6%; increased APPLE by 19%, completely liquidates  PG&E CORP.

Mitsubishi UFJ Trust & Banking Corp $45,210,267,000, up 28%, increased most positions.

Maj Invest Holding A/S $2,491,819,000, up 14%; increased AFLAC INC by 11%, their top position, while adding C H ROBINSON WORLDWIDE INC

Treasurer of the State of North Carolina $11,056,238,000, down 32%; cuts most of their holdings by about 1/3rd

Contrarius Investment Management Ltd   $1,689,599,000, down 6%; increases MACYS INC by 41%, TRANSOCEAN LTD by 49%, DILLARDS INC by 265%, and takes a new position in VALARIS PLC, allocating 5.48% of their portfolio to the company

Oaktop Capital Management II, L.P. $484,275,000, up 4%, no meaningful changes

Banque Pictet & Cie SA $5,267,068,000, down 3%; cuts AMAZON, their most concentrated position, by 30%

NEA Management Company, LLC down 15%, reports owning Cloudfare and Mirum Pharmaceuticals Inc., both new issues; these positions represent 6.24% and 3.49% of their portfolio, respectively

JPMorgan Chase & Co $469,773,195,400, down 1%; cuts SPY by 12%, MICROSOFT CORP by 5%, AMAZON COM INC by 6%, but APPLE by only 2%, Increases Vanguard Total International Bond ETF by 44%

Banco Santander, S.A. $10,282,119,000, up 4%; 60% of their portfolio is concentrated in Santander Consumer USA Holdings Inc. ; increases ALIBABA by 84%

BB&T Securities, LLC No change

Salesforce.com, Inc. $376,963,000, down 35%; increases SVMK INC by 11%; 56.15% of their portfolio is concentrated in ZOOM VIDEO

Third Security, LLC  $667,285,000, down 21%; cuts HALOZYME THERAPEUTICS INC by 9%, a position representing 22% of their holdings; highly concentrated

Abrams Capital Management, L.P. $3,571,872,000, down 3%; adds ALTABA INC; increases TEVA PHARMACEUTICAL INDS LTD by 33%; highly concentrated

Charles Schwab Investment Management Inc $169,424,178,800, up 3%, slightly increases several positions

Financial Engines Advisors L.L.C. $18,470,950,355, up 8%

Allianz Asset Management GmbH $91,815,561,800, down 5%; cuts Microsoft by 10%, their most concentrated position; increases iShares Core S&P 500 ETF by 25%; cuts Apple and Amazon by 14% and 21%, respectively, but adds 1% to Facebook

Prudential Financial Inc $155,810,575,400, down 4%; increases APPLE INC by 16%

PNC Financial Services Group, Inc down 2%. AUM  $100,244,102,193

California Public Employees Retirement System up 19%; adds to almost all of their positions; AUM 100 billion

Price T Rowe Associates Inc/MD $706,385,999,300, down 1%; increases BOEING CO by 11%, FIDELITY NATL INFORMATION SV by 106%

Harbor Spring Capital, LLC $860,689,000, up 1%; increases SS&C TECHNOLOGIES HLDGS INC by 34% and STARS GROUP INC by 24%; decreases PAGSEGURO DIGITAL LTD by 55%; highly concentrated

Victory Capital Management Inc   $81,975,491,000, up 62%; significantly increased most of their top positions.  Will have to watch for amendments though

UBS Asset Management Americas Inc $148,498,104,736, up 6%

Jane Street Group, LLC $19,929,040,200, down 5%; increases  iShares Core MSCI Emerging Markets ETF by 12%, their most concentrated position; increases iShares iBoxx $ High Yield Corporate Bond ETF by 132%; increases iShares MSCI Emerging Markets ETF by 101%; increases Vanguard FTSE Emerging Markets ETF by 401%.  Only increases SPY by 14% after a 51% cut in the second quarter

Sylebra Capital Ltd $2,288,472,000, up 6%; increases ELASTIC N V by 67%

Canyon Capital Advisors LLC $4,632,459,000, down 6%; trims four of their top positions; highly concentrated

Battery Partners IX, LLC $172,823,000, down 55%; cuts AVALARA INC by 68%, a position representing 51.69% of their portfolio; highly concentrated

Goldman $328,500,832,100, unchanged; increases SPY, their most concentrated position, by 18%.  Position valued at $13 billion

Blackstone Group Inc $17,156,935,200, down 7%; cuts INVITATION HOMES INC by 43%

Bares Capital Management, Inc. $3,331,777,000, down 9%; adds Align Technology Inc. and increases most of their top positions; highly concentrated

ValueAct Holdings, L.P. $9,269,466,000, down 3%; cuts CITIGROUP INC by 11%, MORGAN STANLEY by 15%, and CBRE GROUP INC by 23%; adds LKQ CORP; highly concentrated

UBS Oconnor LLC $1,872,719,000, down 56% after liquidating several positions.  Will have to watch for amendments

Paulson & Co. Inc. $4,884,777,500. down 13%; increases ALLERGAN PLC by 30%, adds BRIGHTSPHERE INVT GROUP INC; highly concentrated

Citadel Advisors LLC $93,111,863,500, down 2%; cuts SPY by 18%, their most concentrated position

Hillhouse Capital Advisors, Ltd. $7,274,243,000, up 63%; Asia focused; increases IQIYI INC 248%, a position valued at $800 million; adds UBER; highly concentrated

Hillhouse Capital Management, Ltd. $7,274,243,000, up 132%; significantly increases several of their top holdings; highly concentrated; Asia focused

Bill & Melinda Gates Foundation Trust $21,225,872,000, up 7%; increases BERKSHIRE HATHAWAY INC DEL by 17%, their most concentrated position, after selling 10% in the second quarter

Warburg Pincus $4,769,149,000, down 25%; sells 39% of SILK ROAD MEDICAL, INC., re-enters ANTERO MIDSTREAM CORP after completely liquidating this position in the second quarter; sells 61% of BRIGHAM MINERALS, INC. and 36% of NIO

Abdiel Capital Advisors, LP $1,628,349,000, up 4%; increases SMARTSHEET INC by 27% and FASTLY by 73%; highly concentrated

Capital International Investors $261,940,471,000, up 5%; increases most of their top positions; highly concentrated for its size

Aviva Holdings Ltd. $369,622,000, down 23%; highly concentrated

Ra Capital Management, LLC $1,678,386,000, down 10%; sells 39% of ZOGENIX INC, increases RHYTHM PHARMACEUTICALS INC by 82%, adds SATSUMA PHARMACEUTICALS INC; highly concentrated

Hudson Executive Capital LP $1,064,838,600, up 12%; increases USA TECHNOLOGIES INC by 41% and adds TIVITY HEALTH INC; highly concentrated

Grosvenor Holdings, L.L.C. $553,477,000, up 30%; adds FISERV INC, increases NETFLIX INC by 19%, adds FIDELITY NATL INFORMATION SVCS, ALIBABA GROUP HLDG LTD and FATE THERAPEUTICS INC; highly concentrated

Boxer Capital, LLC $1,372,073,600, up 20%; increases SPARK THERAPEUTICS INC by 175%, their most concentrated position; adds to or increases several positions; highly concentrated

JS Capital Management LLC $734,704,000, up 8%; adds 10X GENOMICS INC; 20% of  their portfolio is allocated to RANPAK HLDGS CORP COM CL A; increases most positions; highly concentrated

Makaira Partners LLC $628,702,000, down 9%; sells 36% of WESCO AIRCRAFT HOLDINGS INC; highly concentrated

Scge Management, L.P. $1,980,584,000, down 1%; increases most positions, sells Pinterest; highly concentrated

Palo Alto Investors LP $1,501,359,000, down 27%, cuts most positions; highly concentrated

 Praesidium Investment Management Company, LLC   $1,524,893,000, down 5%; cuts ACCENTURE PLC IRELAND by 30%; highly concentrated


Advent International Corp/MA
$2,339,507,000, up 3%; 51% allocated to SYNEOS HEALTH INC.; highly concentrated

Berkshire Hathaway Inc $219,582,064,000, up 3%; sells 7% of WELLS FARGO & CO NEW, adds OCCIDENTAL PETE CORP, GLOBE LIFE INC and RH;

William Marsh Rice University

Sachem Head Capital Management LP $1,277,238,000, up 35%; adds ALLERGAN PLC and WORLD WRESTLING ENTMT INC, allocating 16% and 11% of their portfolio to companies, respectively; sold 37% of  US FOODS HLDG CORP; added FLEX LTD; extremely active and highly concentrated

Matrix Capital Management Company, LP $4,053,254,000, down 25%; adds SALESFORCE COM INC, allocating 18.38% of their portfolio to the company; increases MICRON TECHNOLOGY INC by 20%; highly concentrated

Feinberg Stephen $765,954,000, down 12%; sells 36% of PDVWIRELESS INC

Anchorage Capital Group, L.L.C. $1,109,726,20, down 36%; increases PG&E CORP by 7%, maintains CHENIERE ENERGY INC, these positions together represent 44% of their total holdings

Hill Path Capital LP $786,484,000, down 14%; no changes, only two positions

Elliott Management Corp $6,823,531,000, down 30%; cuts  ARCONIC INC by 20% and HESS CORP by 59%; sells BOEING after adding in the 2nd, and FIRSTENERGY CORP, which was their second most concentrated position in the prior quarter

Cyrus Capital Partners, L.P. $701,011,000, down 17%; increases TENET HEALTHCARE CORP by 86%, sells ALLY FINL INC in the second quarter, one of their top positions,

Kora Management LP $376,768,000, up 12%; increases SEA LTD by 28%.  Position represents 49.94% of their holdings

Lone Pine Capital LLC $16,997,180,000, up 6%, increases BABA and AMZN by 24% and 33%, respectively, but decreases Microsoft by 18%; adds NETFLIX INC, GLOBAL PMTS INC, and EQUIFAX INC; very active and highly concentrated

Sessa Capital IM, L.P.   $768,020,900, down 4%; increases CHEMOURS CO by 210% and CORTEVA INC by 58%, both highly concentrated positions; cuts ALTICE USA INC by 60%, and ENSCO ROWAN PLC after adding in the second quarter

Jericho Capital Asset Management L.P. $1,752,118,000, down 23%; added SNAP as their most concentrated position in the second quarter, maintaining in the 3rd; added TAIWAN SEMICONDUCTOR MFG LTD, now their second most concentrated position; sells 39% of SEA LTD; adds SERVICENOW INC; increases CROWDSTRIKE HLDGS INC by 155% and OUTFRONT MEDIA INC by 119%; sells UBER, BILIBILI INC, ACTIVISION BLIZZARD INC, and several other positions; highly concentrated, and very active

Light Street Capital Management, LLC $1,393,851,000, down 25%; increases LYFT INC by 77%;  SEA LTD is their most concentrated position, representing 11.05% of their portfolio

MSD Partners, L.P.  $600,348,900, down 21%; increases ZIOPHARM ONCOLOGY INC by 38%; sells PG&E CORP; highly concentrated

Greenlight Capital Inc $1,389,939,000, up 3%; increases CHEMOURS CO by 74%, sells HILTON GRAND VACATIONS INC and ENSCO ROWAN PLC

Altimeter Capital Management, LP   $4,089,618,100, up 12%; adds SALESFORCE COM INC; increases UBER by 443%; highly concentrated

Meritech Capital Associates IV, L.L.C. $301,897,000, down 18%; only two positions

Newtyn Management, LLC $568,539,600, up 4%; increases PG&E CORP by 431% after adding in the second quarter; increased put options on iShares Russell 2000 ETF by 114%; highly concentrated; debt focused

Millennium Management LLC $54,496,429,400, down 10%

Contour Asset Management LLC $1,098,744,400, down 18%; takes new positions in ORACLE CORP and ELECTRONIC ARTS INC, both positions representing 18% of their total holdings; sells 25% of DISNEY WALT CO, 21% of MARVELL TECHNOLOGY GROUP LTD, and 39% of ZYNGA INC; increases STITCH FIX INC by 48% and adds WESTERN DIGITAL CORP and LIVEPERSON INC; sells CLOUDERA INC and VIACOM INC NEW; highly concentrated

Deep Basin Capital LP $915,339,000, down 24%; makes several changes; energy focused; highly concentrated

Gates Capital Management, Inc. $2,306,569,000, down 3%; increases ALTRA INDL MOTION CORP by 27% and sells 13% of  DAVITA INC after adding 11% in the second; sold Axalta Coating Systems Ltd after adding in the second; highly concentrated

Icahn Carl C $25,693,122,000, down 3%; adds HP INC and CLOUDERA INC , increases CAESARS ENTMT CORP by 15%, sells 9% of CHENIERE ENERGY INC and 21% of OCCIDENTAL PETE CORP; highly concentrated

Marathon Asset Management LP $222,701,000, down 10%; sells 20% of CONSTELLIUM SE

Appaloosa LP $3,414,252,000, up 11%; increases ALPHABET INC by 107% and MICRON TECHNOLOGY INC by 567%, adds ALIBABA GROUP HLDG LTD, increases PG&E CORP by 8% after selling 27% in the second; almost half of their holdings are concentrated into Facebook, Amazon, and Alphabet

MIG Capital, LLC $774,286,000, up 8%; increases GROUPON INC by 73%

Raging Capital Management $594,614,400, up 2%; increases SINCLAIR BROADCAST GROUP INC by 57%

Baker Bros. Advisors LP $14,699,689,000, unchanged; 55% concentrated in three companies

Sand Grove Capital Management LLP $532,311,000, down 43%; completely revamps portfolio

Starboard Value LP $2,997,375,000, down 19%; increases  SYMANTEC CORP by 14%, cuts ADVANCE AUTO PARTS INC by 19% and PERRIGO CO PLC by 59%, both their most concentrated positions; sells CARS COM INC; highly concentrated

3G Capital Partners LP $756,831,000, down 2%; increases FOX CORP and CHARTER COMMUNICATIONS INC N by 33% and 27%, respectively , positions together representing 43% of their holdings; adds URBAN OUTFITTERS INC, and sells GAMESTOP CORP NEW; highly concentrated

Corvex Management LP $1,586,350,000, down 3%; 35% concentrated in MGM RESORTS INTERNATIONAL; added MADISON SQUARE GARDEN CO NEW and several other positions; highly concentrated

Deccan Value Investors L.P. $1,149,985,000, down 1%; increases HERBALIFE NUTRITION LTD by 21%, a position representing 38.87% of their total holdings; also sold 20% of CHARTER COMMUNICATIONS INC N; highly concentrated

Barclays PLC $86,197,720,100, down 10%; sold 29% of SPY and 22% of Apple; most positions appear to have been reduced

Eagle Capital Management LLC $28,441,700,000, down 1%l increased General Electric Co by 52%; highly concentrated for its size

Scopia Capital Management LP $1,630,967,800, down 17%; sold 11% of VISTRA ENERGY CORP, 12% of JOHNSON CTLS INTL PLC and ITRON INC by 41%; added BABA; highly concentrated

Cevian Capital II GP Ltd $571,755,000, up 5%; only two positions; no changes

Steadfast Capital Management LP $7,049,790,500, down 1%;  increased FIDELITY NATL INFORMATION SV by 197%, adds AMAZON COM INC, sells Facebook and GENERAL ELECTRIC CO; highly active, very concentrated

Bank of America Corp/DE  $624,756,253,600, up 1%; increased SPY by 22% and iSHARES TRUST · Core S&P500 ETF by 114%

Viking Global Investors LP $19,195,601,000, down 14%; increases Square by 277% and NETFLIX INC by 110%, sells several semi conductors; highly concentrated

Par Capital Management Inc $5,750,858,600, down 4%; sells 14% of DELTA AIR LINES INC DEL; highly concentrated

Cat Rock Capital Management LP $635,184,000, up 13%; adds ALPHABET INC, FACEBOOK INC, and SQUARE INC, sells 21% of TRANSDIGM GROUP INC; highly concentrated

Altarock Partners LLC $1,153,894,000, no change; increases CHARTER COMMUNICATIONS by 13%, a position representing 38% of their holdings; three positions represent the majority of their portfolio

Goldentree Asset Management LP $634,532,200, down 25%; highly concentrated and very active

Omni Partners LLP $1,179,316,000, down 25%, mostly because of Firstdata and Red Hat

Schroder Investment Management Group down 39%, $56,708,395,000

Parnassus Investments/CA up 4%, $27,591,331,000

Majedie Asset Management Ltd $1,179,316,000, down 10%; makes further cuts to their gold holdings; highly concentrated

Origin Asset Management LLP Goes big on China, adds several new positions to the top of their holdings; up 21%, AUM $1,091,471,000; concentrated

Fundsmith LLP  highly concentrated; increases almost all of their positions while selling 3M and CDK Global; up 2%, AUM $19,563,608,000

Belvedere Trading LLC allocates 86% of their $863,211,331 portfolio to SPY puts; up 110%

Gladstone Capital Management LLP sells ALLERGAN PLC, ALPHABET INC CAP, AMARIN CORP, NETFLIX INC, SEMICONDUCTOR CORP, SLACK TECHNOLOGIES INC STONE; adds Microsoft, representing 14% of their portfolio; up 32%

Valiant Capital Management, L.P. $1,433,525,000, up 118% after adding Pintrest, and  increasing UBER and DROPBOX; highly concentrated

Fayez Sarofim $21,940,853,000, no change

BLS Capital Fondsmaeglerselskab A/S up 20%; increases several positions; highly concentrated

Ceredex Value Advisors LLC takes new position in PARKER HANNIFIN CORP; AUM $8,773,464,000, up 1%

Artisan Partners Limited Partnership down 2%, $52,747,889,700; increases FIDELITY NATL INFORMATION SV, but reduces two of their top positions, ARCH CAP GROUP LTD and IHS MARKIT LTD each by 12%

Sovereign wealth fund Korea Investment Corp is up roughly 22% for the year. In the second quarter they increased MERCK & CO INC by 51% and GM by 321%. In the 3rd quarter they reduced GM by 19% and increased MERK by 7%, but very little notable changes this quarter; up 1%, AUM $23,600,310,400

Greenwoods Asset Management Ltd China focused; increases BABA by 35% while decreasing NEW ORIENTAL EDUCATION by 36%, both their most concentrated holdings. Up 7%, AUM $1,611,564,000

American Capital Management Inc $2,258,799,000, down 3%

Asia Research & Capital Management Ltd sells TRANSOCEAN INC Debenture, but adds 597,794 shares after selling 5,901,094 in the first quarter; highly concentrated; AUM down 98%

Ithaka Group LLC increases almost all of their positions by roughly 10%; AUM $707,150,000; highly concentrated; up 7%

Sprucegrove Investment Management Ltd up 2%; adds RYANAIR HLDGS PLC; AUM $1,609,558,000

Taikang Asset Management (Hong Kong) Co Ltd increases BABA by 38%, a position representing 20% of their holdings; AUM $923,951,000, up 6%

Edgewood Management LLC up 7%, $30,442,399,000; sells COGNIZANT TECHNOLOGY SOLUTIONS, a position valued at $844,114 000; increases ALIGN TECHNOLOGY INC by 53%; adds 4,630,223 shares of Microsoft

Shenkman Capital Management Inc $874,459,000, down 1%

La Financiere De L’Echiquier $833,575,000, up 22%; increases several positions

Benefit Street Partners LLC $372,229,000, down 25%

Numen Capital LLP sells 68% of their holdings

Varma Mutual Pension Insurance Co increases Vanguard Index Funds · S&P 500 ETF Shares by 20%, Invesco QQQ Trust Series 1 ETF by 796%, and the iShares Core S&P 500 ETF, by 45%. These positions represent 61% of their $6,520,833,000 portfolio. AUM up 29%

Citigroup Inc notable activity was a 307% increase to ALLERGAN PLC; AUM $70,572,661,200, down 2%

Principal Financial Group Inc $113,412,495,000, up 2%

Cbre Clarion Securities LLC liquidated several of their top positions by as much as 30% after reporting a 22% decline in AUM in the 2nd quarter. In the third quarter they increased ProLogis Inc., Simon Property Group Inc., Invitation Homes Inc, and VEREIT Inc, while decreasing most of their other holdings

Assenagon Asset Management S.A increased several of their top holdings; bullish on tech; also increased ALLERGAN PLC by 416%. Up 9%, AUM $11,293,275,600

Lateef Investment Management, L.P. $811,568,000, up 1%; adds FISERV INC, and CLARIVATE ANALYTICS PLC; highly concentrated

Royce & Associates LP $10,802,911,000, down 2%

Ashmore Wealth Management LLC $1,582,587,000, up 3%; little changes

Cortland Advisers LLC  $2,184,316,000, increases JPMorgan Chase & Co by 6%, sells 27% Wells Fargo & Co.  They reduced most of their holdings in the 2nd quarter.  Little changes in the 3rd

TT International $1,114,422,000, down 14%; adds VALE S A, increases ICICI BK LTD by 66%, adds AUTOHOME INC; 30% concentrated in ALIBABA GROUP HLDG LTD


Green Valley Investors LLC
$1,761,041,000, no change; 11% in Amazon.com Inc

Bank of New York Mellon Corp AUM $364,496,293,400, down 4%. Sells 11% of ALPHABET INC-CL C, 12% of JPMORGAN CHASE & CO, and 15% of VISA INC-CLASS A SHARES

Fiera Capital Corp AUM  $27,987,544,000, up 1%

Lasalle Investment Management Securities LLC up 6%, increases DIGITAL REALTY TRUST INC by 154%. Activity is mixed

First Eagle Investment Management, LLC $35,196,299,200, down 5%

Vitruvian Partners LLP down 53%, no changes

Insight Holdings Group, LLC Down 53% after completely liquidating SMARTSHEET INC

Loews Corp up 7%,  $13,068,708,100

Northwestern Mutual Wealth Management Co $26,320,726,000; up 6%

HMI Capital, LLC $868,689,000, down 12%; allocates 22% of their portfolio to SALESFORCE COM INC, increased CARGURUS INC by 249%,  sells TABLEAU SOFTWARE INC; highly concentrated

Sustainable Growth Advisers, LP $9,965,170,000, up 2%; mixed activity; highly concentrated

Alpine Associates Management Inc. $3,044,935,100, down 10%, increases several positions, but appears to sell more

Polen Capital Management LLC concentrated; $21,711,601,000; up 5%

Keywise Capital Management Ltd down 9%

Swan Global Investments, LLC down 5%, $3,318,106,500

Newport Trust Co $37,600,163,000, up 2%

S Squared Technology, LLC

Renaissance Technologies LLC up 3%; $113,583,341,000

Nuance Investments, LLC $2,655,451,000; increases several of their top holdings; concentrated; up 12%

Tiger Pacific Capital LP increases several of their top holdings, AUM unchanged; adds Sea

Northern Trust Corp $421,818,871,000, down 1%

Triple Frond Partners LLC up 6%; highly concentrated; $1,043,750,000; increases THE CHARLES SCHWAB CORPORATION by 20%

Magellan Asset Management Ltd $35,240,977,000, up 1%; takes a $2,565,913,000 position in ALIBABA GROUP HLDG LTD, sells 11% of MICROSOFT CORP, their most concentrated position, sells 19% of APPLE INC and adds 15% to ALPHABET INC; highly concentrated for its size

Third Point LLC $8,417,353,000, down 1%; sells 27% of BAXTER INTL INC, 8% of CAMPBELL SOUP CO; adds ALLERGAN PLC and FIDELITY NATL INFORMATION SV

Harbourvest Partners LLC $240,407,000, down 12%; 60% concentrated in Solarwinds Corp., adds 30% to SLACK

Mizuho Bank, Ltd. $694,381,048, down 15%; allocated 42% of their holdings to the SPY, sells various ETF’s, along with a 57% reduction to SPDR GOLD TRUST while adding ISHARES GOLD TRUST and SPDR® Dow Jones® Industrial Average ETF Trust
; highly concentrated

Green Court Capital Management Ltd $848,511,000, up 1%; 65% concentrated in Alibaba Group Hldg Ltd


MUFG Securities EMEA plc
increases Enbridge by 269%; AUM $8,239,953,000, down 11%

Daido Life Insurance Co down 5%;  $1,296,496,000

Brown Capital Management LLC $10,305,306,000, down 2% ·

EdgePoint Investment Group Inc. increases CSX CORP by 21%; up 2%, AUM $10,220,400,000

Omega Fund Management, LLC $324,015,000, down 17%; $110,027,000 allocated to Gossamer Bio, $70,688,000 to Replimune Group

Cibc World Markets Corp down 15%;  $9,246,103,300

International Value Advisers, LLC $2,700,267,000, up 4%; increases iShares Gold Trust by 33%, LKQ Corp by 67%, reduces Bank of America by 19%, adds Newmont Goldcorp Corp; highly concentrated

Koch Industries Inc   $342,999,000, down 12%; 38% in VISTRA ENERGY CORP, 13% in CELGENE CORP, adds CARBON BLACK INC

RWC Asset Advisors $770,437,000, down 2%; increases COPA HOLDINGS SA and CTRIP COM INTL LTD by 18% and 89% respectively; concentrated

Spring Creek Capital LLC $209,485,000, down 24%

Toronto Dominion Bank $63,656,238,000, down 47%, mostly due to the decrease in option positions; 17% allocated to TD Ameritrade Holding Corp valued at $10,929,571,000

Egerton Capital (UK) LLP $13,961,869,000, up 2%; increases ALPHABET INC by 222% after selling 61% of their position in the 2nd, adds BLACKSTONE GROUP INC; highly concentrated for its size

Foresite Capital Management II, LLC $473,022,000, up 166%; adds 10x Genomics, Inc.; highly concentrated

Bridgewater Associates, LP   $11,382,173,000, down 11%; reduces Vanguard FTSE Emerging Markets ETF by 21%, iShares Core MSCI Emerging Markets ETF, by 26%, iShares MSCI Emerging Markets ETF by 51%, iShares iBoxx $ Investment Grade Corporate Bond ETF by 12%, but strangely adds iShares MSCI Taiwan ETF.  Also increased iShares MSCI Brazil ETF by 35%, and the the SPY by only 4%

Waterfront Capital Partners, LLC $575,117,900, up 2%

HSBC Holdings PLC $42,794,113,500, down 2%; 10% allocated to ALIBABA GROUP HLDG LTD, which they increased by 6%; decreased MICROSOFT CORP 9%

Mirae Asset Global Investments Co., Ltd. $14,352,670,142, down 2%; mixed activity

Mittleman Brothers, LLC $139,938,000, up 18%

PSquared Asset Management AG $606,758,000, up 45%; highly concentrated, increases most positions significantly

Standard Life Aberdeen plc $40,102,857,000, down 11%, trims most of their top positions

Dimensional Fund Advisors LP $257,343,191,00, no change

Carmignac Gestion $7,926,910,600, down 1%; trims their top three positions by roughly 15%, increases JD.COM INC by 59%

Kohlberg Kravis Roberts & Co. L.P. $17,777,800,000, up 119%, mostly due to FISERV INC which accounts for 64.34% of their portfolio.  Sold 29% of SCIENCE APPLICATNS INTL CP N, added DTE ENERGY CO

Parametric Portfolio Associates LLC $124,276,454,900, up 2%;

Yale University  $121,662,000, up 1%; increased SPY by 203%, cut JBG SMITH PPTYS by 20%, adds SMARTSHEET INC

Barrow Hanley Mewhinney & Strauss LLC $51,852,355,000, down 17%; trims most of their top holdings, while increasing Advance Auto Parts Inc by 48%

APG Asset Management N.V. $75,088,713,000, up 4%

FMR LLC $833,649,482,688, down 3%

Levin Easterly Partners LLC $3,720,046,000, down 23%; sold several positions, but increased CENTERPOINT ENERGY INC by 28% and ABBVIE INC by 81%, both their top holdings; sold 23% of AIG and 13% of GM; also added MORGAN STANLEY, while decreasing JPMORGAN CHASE CO by 54%

Aew Capital Management LP $302,918,000, down 91%

Thrive Capital Management, LLC adds Zillow Group Inc, sells 44% of Microsoft; down 18%

Blair William & Co/IL up 7%, 17 billion

Fil Ltd [ formerly Fidelity International Ltd ] $66,341,597,000, up 4%

American International Group Inc down 3%, $24,792,113,400; adds BRISTOL MYERS SQUIBB CO, but slightly trims most of their positions.

AXA [ formerly Axa Uap   $185,429,847,800, no change

Independent Franchise Partners LLP $9,811,529,000, up 1%’; slightly trims most positions; adds BRISTOL MYERS SQUIBB CO; highly concentrated

Dragoneer Investment Group, LLC $2,363,002,000, down 6% even though they included IPO DATADOG INC, representing 10.83% of their portfolio; 7% of TWILIO INC, increased SERVICENOW INC and YANDEX N V; there appears to be several poorly performing IPO’s on their balance sheet sold; highly concentrated.

General Atlantic LLC $1,507,102,000, down 12% on no measurable changes, although they increased CHINA INDEX HOLDINGS by 10%, a penny stock that spiked 150% in August.

Cadian Capital Management, LP   $2,103,547,000, down 5%; increases several of their top positions; highly concentrated

UBS Group AG $230,902,741,873, down 3%; decreased SPY by 27% while increasing iShares Core MSCI EAFE ETF by 13%

Arrowstreet Capital, Limited Partnership $44,158,101,000, down 4%; increased MICROSOFT CORP by 201%, cuts MASTERCARD INC and VISA by 17% and 6% respectively; very active

Stifel Financial Corp $39,134,884,000, up 1%

Invesco Ltd. $382,292,567,900, down 2%

Bain Capital Public Equity Management II, LLC   $985,766,600, down 8%; 18% allocated to DOCUSIGN INC, increases GODADDY INC by 155%

Bain Capital Investors LLC $1,614,526,000, down 22%; cuts  GENPACT LIMITED and IQVIA HLDGS INC by 45% and 31% respectively.

Royal Bank of Canada $228,496,192,600, up 1%

Partners Group Holding AG $860,775,000, up 6%; cuts Clarivate Analytics PLC, their top position, by 18% after adding in the second quarter;  increases Enbridge Inc and Crown Castle International Cor both by 17%; highly concentrated

Leave a Reply