Highfields Capital Bullish on These 5 Stocks in Third Quarter

Wall St. Watchdog reveals information regarding significant increase in shares for Highfields Capital Management’s holdings on the quarter ending September 30th, 2011. The firm is bullish on these stocks:

  • Marriott International Inc. (NYSE:MAR): On 06/30/2011, Highfields Capital Management reported holding 0 shares. On 09/30/2011, Highfields Capital Management reported holding 770,000 shares. The net increase in shares for this position is 770,000. About Company: Marriott International Inc. is a worldwide operator and franchisor of hotels. The Company franchises lodging facilities and vacation timesharing resorts under various brand names. Marriott also provides services to home and condominium owner associations for projects associated with several of its brands.
  • Ishares Russell 2000 Growth Index (NYSE:IWO): On 06/30/2011, Highfields Capital Management reported holding 0 shares. On 09/30/2011, Highfields Capital Management reported holding 840,000 shares. The net increase in shares for this position is 840,000. About Company: iShares Russell 2000 Growth Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment returns that correspond to the performance of the Russell 2000 Growth Index. The Index measures the performance of the small-capitalization growth sector of the U.S. equity market. The Fund uses a Replication strategy to try to track the Index.
  • Suncor Energy Inc. (NYSE:SU): On 06/30/2011, Highfields Capital Management reported holding 0 shares. On 09/30/2011, Highfields Capital Management reported holding 603,020 shares. The net increase in shares for this position is 603,020. About Company: Suncor Energy, Inc. is a integrated energy company focused on developing the Athabasca oil sands basin. The Company extracts and upgrades oil sands into refinery feedstock and diesel fuel, explores for, develops and produces natural gas, refines crude oil and markets a range of petroleum and petrochemical products, and operates crude oil pipelines and retail petroleum stations.
  • The Home Depot Inc. (NYSE:HD): On 06/30/2011, Highfields Capital Management reported holding 0 shares. On 09/30/2011, Highfields Capital Management reported holding 1,735,000 shares. The net increase in shares for this position is 1,735,000. About Company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
  • Bp Plc (NYSE:BP): On 06/30/2011, Highfields Capital Management reported holding 0 shares. On 09/30/2011, Highfields Capital Management reported holding 5,200,000 shares. The net increase in shares for this position is 5,200,000. About Company: BP plc is an oil and petrochemicals company. The Company explores for and produces oil and natural gas, refines, markets, and supplies petroleum products, generates solar energy, and manufactures and markets chemicals. BP’s chemicals include terephthalic acid, acetic acid, acrylonitrile, ethylene and polyethylene.

(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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