Passport Capital’s Likes These Stocks in the Financial Sector Most in Q3

Wall St. Watchdog reveals information regarding Passport Capital’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 4 stocks in the Financial sector at the end of the quarter with an aggregate market value of $9.964 million.

  • American Capital Agency Corp. (NASDAQ:AGNC): On 06/30/2011, Passport Capital reported holding 8,018,357 shares with a market value of $233,414,377. This comprised 14.78% of the total portfolio. On 09/30/2011, Passport Capital reported holding 200,000 shares with a market value of $5,420,000. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is -7,818,357. About Company: American Capital Agency Corporation is a real estate investment trust. The Trust invests in agency pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity.
  • Affiliated Managers Group Inc. (NYSE:AMG): On 06/30/2011, Passport Capital reported holding 30,000 shares with a market value of $3,043,500. This comprised 0.19% of the total portfolio. On 09/30/2011, Passport Capital reported holding 30,000 shares with a market value of $2,341,500. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Affiliated Managers Group, Inc. is a global asset management company that invests in boutique investment management firms. The Company allows the firms in which it invests operational autonomy while providing assistance in strategic matters, marketing, distribution, product development, and operations.
  • Ziprealty Inc. (NASDAQ:ZIPR): On 06/30/2011, Passport Capital reported holding 2,519,550 shares with a market value of $5,794,965. This comprised 0.37% of the total portfolio. On 09/30/2011, Passport Capital reported holding 1,519,058 shares with a market value of $2,187,444. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is -1,000,492. About Company: ZipRealty, Inc. is a full service residential real estate brokerage firm that provides services through its ZipAgent Platform. The Company uses the Internet, proprietary technology, and business processes to service home buyers. ZipRealty operates in various major metropolitan areas of the United States.
  • Consumer Staples Select Sector Spdr (NYSE:XLP): On 06/30/2011, Passport Capital reported holding 2,000,000 shares with a market value of $62,460. This comprised 0% of the total portfolio. On 09/30/2011, Passport Capital reported holding 500,000 shares with a market value of $14,830. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -1,500,000. About Company: Consumer Staples Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective is to provide investment results that correspond to the performance of The Consumer Staples Select Sector Index. The Index includes cosmetic and personal care, pharmaceuticals, soft drinks, tobacco and food products.

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

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