Tuesday, February 15, 2011

"Citigroup: Which Hedgies Have it Right?" (C)

From MarketBeat:

Some high-profile hedgies are taking decidedly different views on Citigroup, according to the quarterly holdings filings made to the SEC.

In the bull’s corner, David Tepper’s Appaloosa Management and Louis Bacon’s Moore Capital bought 66.3 million shares and 40.9 million respectively during the three months ended Dec. 31, 2010. At the end of the year those stakes were valued at $577 million and $201 million, according to Lionshares, which crunches numbers from SEC filings....MORE
According to GuruFocus Lampert and Tilson sold out, Soros and Halvorsen at Viking Global added (Halvorson is up to 150 mil. shares).