Blue Ridge Capital Reduces These Shares in Latest 13F

Wall St. Watchdog reveals information regarding significant reduction in shares for Blue Ridge Capital’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Discovery Communications Inc. (NASDAQ:DISCK): On 06/30/2011, Blue Ridge Capital reported holding 395,000 shares. On 09/30/2011, Blue Ridge Capital reported holding 89,096 shares. The net reduction in shares for this position is 305,904 or 77.44%. About Company: Discovery Communications, Inc. provides non-fiction entertainment. The Company operates a wide range of educational television channels as well as offers consumer and educational products and services, and a diversified portfolio of digital media services.
  • Credicorp Ltd. (NYSE:BAP): On 06/30/2011, Blue Ridge Capital reported holding 670,000 shares. On 09/30/2011, Blue Ridge Capital reported holding 258,900 shares. The net reduction in shares for this position is 411,100 or 61.36%. About Company: Credicorp Limited is a holding company for Banco de Credito del Peru, El Pacifico-Peruano Suiza Insurance Company and Atlantic Security Holding Corporation, among others. Credicorp provides a full range of financial services including commercial banking, corporate finance, brokerage services, asset management, trust and insurance.
  • Nvr Inc. (NYSE:NVR): On 06/30/2011, Blue Ridge Capital reported holding 118,250 shares. On 09/30/2011, Blue Ridge Capital reported holding 49,250 shares. The net reduction in shares for this position is 69,000 or 58.35%. About Company: NVR, Inc. builds and markets homes and conducts mortgage banking activities. The Company builds single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and other tradenames. NVR provides a number of mortgage related services to its homebuilding customers and to other customers through its mortgage banking operations.
  • Echostar Corp. (NASDAQ:SATS): On 06/30/2011, Blue Ridge Capital reported holding 1,328,100 shares. On 09/30/2011, Blue Ridge Capital reported holding 575,300 shares. The net reduction in shares for this position is 752,800 or 56.68%. About Company: EchoStar Corporation manufactures broadcast satellite receivers and antennas, and offers commercial satellite services.
  • United Continental Holdings (NYSE:UAL): On 06/30/2011, Blue Ridge Capital reported holding 6,575,000 shares. On 09/30/2011, Blue Ridge Capital reported holding 3,017,010 shares. The net reduction in shares for this position is 3,557,990 or 54.11%. About 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.

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

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