Heaviest Share Positions in Highfields Capital’s Fund Filing: SLM, DTV, CVS, APC, TGT, JPM, UNH, IVZ, MMI

Wall St. Watchdog reveals information regarding Highfields Capital Management’s top holdings for the quarter ending September 30th, 2011. The firm held 96 stocks at the end of the quarter with an aggregate market value of $7.208 billion.

  • Slm Corporation (NYSE:SLM): On 06/30/2011, Highfields Capital Management reported holding 43,133,717 shares with a market value of $725,077,760. This comprised 8.57% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 45,675,854 shares with a market value of $568,664,374. This comprised 7.89% of the total portfolio. The net change in shares for this position over the two quarters is 2,542,137. About Company: SLM Corporation, commonly known as Sallie Mae, provides education funding, originating and servicing of U.S. government guaranteed and private student loans. The Company, through its subsidiaries, also provides debt management services and business and technical products to a range of clients including colleges, universities and loan guarantors.
  • Directv (NASDAQ:DTV): On 06/30/2011, Highfields Capital Management reported holding 12,553,932 shares with a market value of $637,990,820. This comprised 7.54% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 12,553,932 shares with a market value of $530,654,711. This comprised 7.36% of the total portfolio. The net change in shares for this position over the two quarters is 0. About 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.
  • News Corp. (NASDAQ:NWSA): On 06/30/2011, Highfields Capital Management reported holding 0 shares. On 09/30/2011, Highfields Capital Management reported holding 30,008,400 shares with a market value of $464,530,018. This comprised 6.44% of the total portfolio. The net change in shares for this position over the two quarters is 30,008,400.
  • Cvs Caremark Corporation (NYSE:CVS): On 06/30/2011, Highfields Capital Management reported holding 20,863,611 shares with a market value of $784,054,540. This comprised 9.26% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 12,066,611 shares with a market value of $405,317,465. This comprised 5.62% of the total portfolio. The net change in shares for this position over the two quarters is -8,797,000. About Company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico.
  • Anadarko Petroleum Corporation (NYSE:APC): On 06/30/2011, Highfields Capital Management reported holding 3,744,309 shares with a market value of $287,413,167. This comprised 3.4% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 5,761,465 shares with a market value of $363,260,364. This comprised 5.04% of the total portfolio. The net change in shares for this position over the two quarters is 2,017,156. About Company: Anadarko Petroleum Corporation is an independent oil and gas exploration and production company with international operations. In the United States, the Company operates in Texas and surrounding states, the Rocky Mountain region, Alaska, and the Gulf of Mexico. Internationally, Anadarko has exploration and/or production operations in Africa, Asia, South America, and the Caribbean.
  • Target Corp. (NYSE:TGT): On 06/30/2011, Highfields Capital Management reported holding 3,000,000 shares with a market value of $140,730,000. This comprised 1.66% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 5,950,000 shares with a market value of $291,788,005. This comprised 4.05% of the total portfolio. The net change in shares for this position over the two quarters is 2,950,000. About Company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Highfields Capital Management reported holding 11,385,473 shares with a market value of $466,121,249. This comprised 5.51% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 8,847,473 shares with a market value of $266,485,894. This comprised 3.7% of the total portfolio. The net change in shares for this position over the two quarters is -2,538,000. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • Unitedhealth Group Inc. (NYSE:UNH): On 06/30/2011, Highfields Capital Management reported holding 4,199,946 shares with a market value of $216,633,222. This comprised 2.56% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 5,199,946 shares with a market value of $239,821,504. This comprised 3.33% of the total portfolio. The net change in shares for this position over the two quarters is 1,000,000. About Company: UnitedHealth Group Incorporated owns and manages organized health systems in the United States and internationally. The Company provides employers products and resources to plan and administer employee benefit programs. UnitedHealth also serves the health needs of older Americans, provides specialized care services, and provides health care information and research to providers and payers.
  • Invesco Ltd. (NYSE:IVZ): On 06/30/2011, Highfields Capital Management reported holding 2,585,000 shares with a market value of $60,488,999. This comprised 0.71% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 15,216,500 shares with a market value of $236,007,918. This comprised 3.27% of the total portfolio. The net change in shares for this position over the two quarters is 12,631,500. About Company: Invesco Limited is an independent investment management group. The Company specializes in investment management services, covering equities, fixed income and alternatives like real estate, private equity and absolute return strategies.
  • Motorola Mobility Holdings (NYSE:MMI): On 06/30/2011, Highfields Capital Management reported holding 8,739,543 shares with a market value of $192,619,536. This comprised 2.28% of the total portfolio. On 09/30/2011, Highfields Capital Management reported holding 6,096,016 shares with a market value of $230,307,477. This comprised 3.2% of the total portfolio. The net change in shares for this position over the two quarters is -2,643,527.

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

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