Investing guru Tim Barakett and the Atticus Capital hedge fund
What is Tim Barakett's Atticus Captial hedgefund returns? They are stunning. Last year, its main fund was up 40% (even after deducting for his juicy fees). He buys a lot of call options on his stock holdings as well to increase his returns.
Top Holdings (June and Sept comparisons)
BROOKFIELD ASSET MGMT INC (reduced)
June: 7,991,443
Sept: 6,540,112 ($251 million)
BURLINGTON NORTHN SANTA FE (increased)
June: 6,279,004
Sept: 7,177,404 ($582 million)
CANADIAN NAT RES LTD (reduced)
June: 7,070,817
Sept: 6,070,874 ($459 million)
CITIGROUP INC (new)
Sept: 5,539,900 ($258 million)
CME GROUP INC (new)
Sept: 378,564 ($222 million)
CONOCOPHILLIPS (reduced)
June: 25,392,559
Sept: 15,046,359 ($1.32 billion)
CROWN CASTLE INTL CORP (new)
Sept: 9,192,002 ($373 million)
CSX CORP (reduced)
June: 12,558,952
Sept: 7,669,019 ($327 million)
DIAMOND OFFSHORE DRILLING INC (increased)
June: 2,245,929
Sept: 2,607,329 ($295 million)
ENTERGY CORP NEW (reduced)
June: 2,106,500
Sept: 1,902,274 ($205 million)
FREEPORT-MCMORAN COPPER & GOLD (increased)
June: 12,774,473
Sept: 16,332,173 ($1.71 billion)
GRUPO AEROPORTUARIO DEL PAC (increased)
June: 4,539,337
Sept: 4,693,337 ($256 million)
INVERNESS MED INNOVATIONS INC (increased)
June: 3,203,197
Sept: 4,134,097 ($228 million)
MASTERCARD INC (increased)
June: 3,728,013
Sept: 3,922,236 ($580 miilion)
MOODYS CORP (reduced)
June: 5,876,899
Sept: 3,896,353 ($196 million)
NORFOLK SOUTHERN CORP (reduced)
June: 7,818,180
Sept: 5,502,980 ($285 million)
NYSE EURONEXT (increased)
June: 14,989,209
Sept: 15,049,852 ($1.19 billion)
SCHLUMBERGER LTD (reduced)
June: 2,533,094
Sept: 2,521,400 ($264 million)
TRANSOCEAN INC (reduced)
June: 4,589,175
Sept: 2,057,509 ($232 million)
UNION PAC CORP (increased)
June: 6,853,191
Sept: 7,428,548 ($839 million)
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