Big Technology Companies in Southpoint Capital’s Q3 Portfolio

Wall St. Watchdog reveals information regarding Southpoint Capital Advisors’ top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 10 stocks in the Technology sector at the end of the quarter with an aggregate market value of $119.121 million.

  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 115,000 shares with a market value of $59,229,597. This comprised 5.74% of the total portfolio. The net change in shares for this position over the two quarters is 115,000. About Company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
  • Amdocs Ltd. (NYSE:DOX): On 06/30/2011, Southpoint Capital Advisors reported holding 1,500,000 shares with a market value of $45,584,999. This comprised 3.98% of the total portfolio. On 09/30/2011, Southpoint Capital Advisors reported holding 700,000 shares with a market value of $18,984,001. This comprised 1.84% of the total portfolio. The net change in shares for this position over the two quarters is -800,000. About Company: Amdocs Limited provides product-driven information system solutions to major telecommunications companies in the United States and internationally. The Company provides integrated customer care and billing systems for wireless and wireline network operators and service providers, as well as for companies that offer multiple service packages.
  • First Solar Inc. (NASDAQ:FSLR): On 06/30/2011, Southpoint Capital Advisors reported holding 110,000 shares with a market value of $14,549,700. This comprised 1.27% of the total portfolio. On 09/30/2011, Southpoint Capital Advisors reported holding 240,000 shares with a market value of $15,170,400. This comprised 1.47% of the total portfolio. The net change in shares for this position over the two quarters is 130,000. About Company: First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.
  • Alaska Communications Systems Group Inc. (NASDAQ:ALSK): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 1,218,820 shares with a market value of $7,983,271. This comprised 0.77% of the total portfolio. The net change in shares for this position over the two quarters is 1,218,820. About Company: Alaska Communications Systems Group Inc. is a full-service telecommunications provider in Alaska. The Company offers local telephone, wireless, long distance, and Internet services to businesses and residential customers through-out the state. Alaska Communications’ network infrastructure consists of fiber optic cable and numerous switching facilities.
  • Intralinks Holdings Inc. (NYSE:IL): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 904,256 shares with a market value of $6,790,963. This comprised 0.66% of the total portfolio. The net change in shares for this position over the two quarters is 904,256. About Company: Intralinks Holdings, Inc. provides Software-as-a-Service (NASDAQ:SAAS) solutions for managing content, exchanging business information and collaborating within and among organizations. The Company’s software enables organizations to control, track, search, and exchange time-sensitive information without the use of email, fax, courier services and other existing solutions to exchange information.
  • Realpage Inc. (NASDAQ:RP): On 06/30/2011, Southpoint Capital Advisors reported holding 163,276 shares with a market value of $4,321,916. This comprised 0.38% of the total portfolio. On 09/30/2011, Southpoint Capital Advisors reported holding 189,554 shares with a market value of $3,876,379. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 26,278. About Company: RealPage, Inc. provides products and services to the multifamily real estate industry. The Company’s services include applicant screening, accounting, budgeting, property management, and compliance reporting. RealPage also develops and delivers proprietary Web-based applications that enhance client information management capabilities.
  • Baidu Inc. (NASDAQ:BIDU): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 31,500 shares with a market value of $3,367,665. This comprised 0.33% of the total portfolio. The net change in shares for this position over the two quarters is 31,500. About Company: Baidu, Inc. operates an Internet search engine. The Company offers algorithmic search, enterprise search, pay for performance and news, MP3, and image searches.
  • Trina Solar Ltd. (NYSE:TSL): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 450,000 shares with a market value of $2,736,000. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is 450,000. About Company: Trina Solar Limited manufactures solar-power products including photovoltaic wafers, ingots, cells and modules. The Company’s solar modules provide environmentally-friendly electric power for residential, commercial, industrial, and other applications worldwide.
  • Level 3 Communications Inc. (NASDAQ:LVLT): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 450,000 shares with a market value of $670,500. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 450,000. About Company: Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.
  • Ldk Solar Co. Ltd. (NYSE:LDK): On 06/30/2011, Southpoint Capital Advisors reported holding 0 shares. On 09/30/2011, Southpoint Capital Advisors reported holding 100,000 shares with a market value of $312,000. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 100,000. About Company: LDK Solar Company, Ltd. manufactures multicrystalline solar wafers. The Company sells multicrystalline wafers globally to manufacturers of photovoltaic products including solar cells and solar modules. Solar wafers are the principal raw material used to produce solar cells which convert sunlight into electricity.

(Note: Data regarding Southpoint Capital Advisors’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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