A $14 Billion Hedge Fund’s Favorite Stocks in the Services Sector

Wall St. Watchdog reveals information about Davidson Kempner Capital Management’s top holdings in the Services sector:

  • Vodafone Group plc (NASDAQ:VOD): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 800,000 shares with a market value of $23,000,000. This comprised 0.67% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 1,268,700 shares with a market value of $33,899,663. This comprised 1.98% of the total portfolio. The net change in shares for this position over the two quarters is 468,700. About the company: Vodafone Group Plc provides a range of mobile telecommunications services, including voice and data communications. Vodafone has equity interests in 28 countries and Partner Networks in a further 7 countries with almost all the Group’s mobile subsidiaries operating principally under the brand name Vodafone. In the United States their associated undertaking operates as Verizon Wireless.
  • DirecTV (NASDAQ:DTV): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 433,037 shares with a market value of $20,266,131. This comprised 0.59% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 313,037 shares with a market value of $15,908,540. This comprised 0.93% of the total portfolio. The net change in shares for this position over the two quarters is -120,000. About the company: DIRECTV provides digital television entertainment in the United States and Latin America. The Company acquires, promotes, sells and distributes digital entertainment programming via satellite to residential and commercial subscribers.
  • Liberty Starz Group (NASDAQ:LSTZA): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 85,852 shares with a market value of $6,662,115. This comprised 0.19% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 204,245 shares with a market value of $15,367,393. This comprised 0.90% of the total portfolio. The net change in shares for this position over the two quarters is 118,393. About the company: Liberty Media-Starz owns and operates cable television channels and Internet businesses. The Company operates cable television channels that televise movies; offers satellite Internet access; operates fantasy sports games; and offers online games, information and entertainment for sports fans.
  • Hertz Global Holding (NYSE:HTZ): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 710,688 shares with a market value of $11,108,054. This comprised 0.32% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 540,688 shares with a market value of $8,586,126. This comprised 0.50% of the total portfolio. The net change in shares for this position over the two quarters is -170,000. About the company: Hertz Global Holdings, Inc. operates car and equipment rental centers throughout the United States and Europe.
  • Centurylink, Inc. (NYSE:CTL): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 129,210 shares with a market value of $5,223,960. This comprised 0.31% of the total portfolio. The net change in shares for this position over the two quarters is 129,210. About the company: CenturyLink Inc. is an integrated communications company. The Company provides a wide range of communications services, including local and long distance voice, Internet access and broadband services. CenturyLink operates throughout the United States.
  • United Continental Holdings (NYSE:UAL): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 170,257 shares with a market value of $3,914,208. This comprised 0.11% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 170,257 shares with a market value of $3,852,916. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: United Continental Holdings Inc. is an airline holding company. The Company owns and operates airlines that transports persons, property and mail throughout the United Statesand abroad.
  • Delta Airlines, Inc. (NYSE:DAL): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 204,213 shares with a market value of $2,001,287. This comprised 0.06% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 210,602 shares with a market value of $1,931,220. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is 6,389. About the company: Delta Air Lines, Inc. provides scheduled air transportation for passengers, freight, and mail over a network of routes throughout the United States and internationally.
  • Eastman Kodak Co. (NYSE:EK): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 1,027,200 shares with a market value of $3,317,856. This comprised 0.10% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 524,900 shares with a market value of $1,879,142. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -502,300. About the company: Eastman Kodak Company develops, manufactures, and markets imaging products. The company provides professional and consumer digital cameras, laser images for radiologists, and photographic films for professionals and amateurs. Kodak also provides digital services for cinematographers, document scanners, aerial images, digital printers for commercial customers, and flat panel displays.
  • Big Lots, Inc. (NYSE:BIG): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 155,172 shares with a market value of $6,739,120. This comprised 0.20% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 22,499 shares with a market value of $745,842. This comprised 0.04% of the total portfolio. The net change in shares for this position over the two quarters is -132,673. About the company: Big Lots, Inc. is a broadline closeout retailer that operates stores across the United States. The Company’s stores offer an assortment of merchandise, including consumables, seasonal products,furniture, housewares, toys, and gifts.
  • Fairpoint Communications, Inc. (NASDAQ:FRP): On 3/31/11 Davidson Kempner Capital Management LLC reported holding 57,267 shares with a market value of $966,094. This comprised 0.03% of the total portfolio. On 6/30/11, Davidson Kempner Capital Management LLC held 57,267 shares with a market value of $527,429. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: FairPoint Communications, Inc. provides communications services to residential and business customers. The Company offers local and long distance voice, data, Internet, television and broadband services.

(Note: Data about Davidson Kempner Capital Management’s stock holdings are sourced from whalewisdom.com.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet