Highfields Capital: Some Favorite Stock Holdings

Wall St. Watchdog reveals information about Highfields Capital Management’s top holdings in the Services sector:

  • CVS Caremark Corporation (NYSE:CVS): On 3/31/11 Highfields Capital Management reported holding 20,863,611 shares with a market value of $716,039,123. This comprised 9.61% of the total portfolio. On 6/30/11, Highfields Capital Management held 20,863,611 shares with a market value of $784,054,540. This comprised 9.26% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the 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.
  • DirecTV (NASDAQ:DTV): On 3/31/11 Highfields Capital Management reported holding 12,553,932 shares with a market value of $587,524,008. This comprised 7.88% of the total portfolio. On 6/30/11, Highfields Capital Management held 12,553,932 shares with a market value of $637,990,820. This comprised 7.54% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the 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.
  • Lowe’s Companies, Inc. (NYSE:LOW): On 3/31/11 Highfields Capital Management reported holding 8,998,000 shares with a market value of $237,817,143. This comprised 3.19% of the total portfolio. On 6/30/11, Highfields Capital Management held 11,923,000 shares with a market value of $277,925,124. This comprised 3.28% of the total portfolio. The net change in shares for this position over the two quarters is 2,925,000. About the company: Lowe’s Companies, Inc. is a home improvement retailer that distributes building materials and supplies through stores in the United States. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and property maintenance.
  • Time Warner Cable, Inc. (NYSE:TWC): On 3/31/11 Highfields Capital Management reported holding 2,963,535 shares with a market value of $211,418,576. This comprised 2.84% of the total portfolio. On 6/30/11, Highfields Capital Management held 2,963,535 shares with a market value of $231,274,274. This comprised 2.73% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services.
  • Wal-Mart Stores, Inc. (NYSE:WMT): On 3/31/11 Highfields Capital Management reported holding 2,750,000 shares with a market value of $143,137,498. This comprised 1.92% of the total portfolio. On 6/30/11, Highfields Capital Management held 2,750,000 shares with a market value of $146,134,998. This comprised 1.73% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
  • Target Corp. (NYSE:TGT): 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 3,000,000 shares with a market value of $140,730,000. This comprised 1.66% of the total portfolio. The net change in shares for this position over the two quarters is 3,000,000. About the 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.
  • Iron Mountain, Inc. (NYSE:IRM): 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 3,908,402 shares with a market value of $133,237,425. This comprised 1.57% of the total portfolio. The net change in shares for this position over the two quarters is 3,908,402. About the company: Iron Mountain Incorporated provides records and information management services to customers in North America, Europe, Latin America and Asia Pacific. The Company offers records management services for both physical and digital media, disaster recovery support services, and consulting.
  • Carnival Corporation (NYSE:CCL): On 3/31/11 Highfields Capital Management reported holding 2,858,628 shares with a market value of $109,656,972. This comprised 1.47% of the total portfolio. On 6/30/11, Highfields Capital Management held 3,063,543 shares with a market value of $115,281,126. This comprised 1.36% of the total portfolio. The net change in shares for this position over the two quarters is 204,915. About the company: Carnival Corporation owns and operates cruise ships offering cruises to all major vacation destinations including North America, the United Kingdom, Germany, Southern Europe, South America and Asia/Pacific. The Company, through a subsidiary also owns and operates hotels and lodges.
  • Charter Communications, Inc. (NASDAQ:CHTR): On 3/31/11 Highfields Capital Management reported holding 1,696,127 shares with a market value of $85,874,912. This comprised 1.15% of the total portfolio. On 6/30/11, Highfields Capital Management held 1,696,127 shares with a market value of $92,031,848. This comprised 1.09% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Charter Communications, Inc. offers broadband Internet communications services. The Company offers high-speed Internet access; Internet telephone services; business-to-business Internet access, data networking, video and music entertainment services, and business telephone; and digital cable video entertainment services.
  • Carter’s Inc. (NYSE:CRI): On 3/31/11 Highfields Capital Management reported holding 2,270,163 shares with a market value of $64,994,765. This comprised 0.87% of the total portfolio. On 6/30/11, Highfields Capital Management held 2,270,163 shares with a market value of $69,830,214. This comprised 0.82% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Carter’s, Inc. markets baby and young children’s apparel in the United States. The Company’s products are offered in department stores and Carter’s retail stores. Carter’s sells products under the Tykes brand in Target stores and under its Child of Mine brand in Wal-Mart stores.

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

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