Caterpillar Among Highfields Capital’s Favorite Capital Goods Stocks

As the Dow Jones dips slightly at the opening bell, Wall St. Watchdog reveals information about Highfields Capital Management’s top holdings in the Capital Goods sector:

  • Louisiana-Pacific Corp. (NYSE:LPX): On 3/31/11 Highfields Capital Management reported holding 3,510,000 shares with a market value of $36,855,000. This comprised 0.49% of the total portfolio. On 6/30/11, Highfields Capital Management held 4,585,000 shares with a market value of $37,321,902. This comprised 0.44% of the total portfolio. The net change in shares for this position over the two quarters is 1,075,000. About the company: Louisiana-Pacific Corporation manufactures building materials and engineered wood products in the United States, Canada, Chile, and Brazil.  The Company’s products are used by homebuilders and light commercial builders.  Louisiana Pacific’s products include oriented strange board sheathing, flooring, radiant barrier panels, siding and trim, I-joists, and laminated veneer lumber.
  • Pall Corp. (NYSE:PLL): On 3/31/11 Highfields Capital Management reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Highfields Capital Management held 433,000 shares with a market value of $24,347,590. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is 433,000. About the company: Pall Corporation is a supplier of filtration, separation and purification technologies.  The Company utilizes proprietary filter media and other fluid clarification and separation equipment for the removal of solid, liquid, and gaseous components.
  • Caterpillar, Inc. (NYSE:CAT): On 3/31/11 Highfields Capital Management reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Highfields Capital Management held 100,000 shares with a market value of $10,646,000. This comprised 0.13% of the total portfolio. The net change in shares for this position over the two quarters is 100,000. About the company: Caterpillar, Inc. designs, manufactures, and markets construction, mining, agricultural, and forestry machinery.  The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance.  Caterpillar distributes its products through a worldwide organization of dealers.
  • Cummins, Inc. (NYSE:CMI): On 3/31/11 Highfields Capital Management reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Highfields Capital Management held 102,000 shares with a market value of $10,555,980. This comprised 0.12% of the total portfolio. The net change in shares for this position over the two quarters is 102,000. About the company: Cummins, Inc. designs, manufactures, distributes and services diesel and natural gas engines.  The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems.

(Note: Data about Highfields 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>>