Atticus Capital Q1 13F Shows New 8M Share Stake in Visa (V), Firm Also Likes Gold Stocks (AU, NEM, GFI)

May 16, 2008 2:00 PM EDT

Hedge fund Atticus Capital issued thier latest 13F for the quarter ended 3/31/08, below are some highlights from the filing:

Notable New Stakes:
AngloGold Ashanti Ltd. (NYSE: AU) new 918,000 share stake
Newmont Mining Corp. (NYSE: NEM) new 1,022,400 share stake
Visa (NYSE: V) new 7,799,500 share stake. (March IPO)

Notable Raised Stakes:
Genomic Health Inc. (Nasdaq: GHDX) from 1,844,251 shares to 2,548,186 shares
Gold Fields Ltd. (NYSE: GFI) from 1,107,590 shares to 8,447,651 shares

Notable Lowered Stakes:
CSX (NYSE: CSX) from 5,445,231 shares and 994,200 shares through calls stake to 500,000 shares though calls.
Freeport-McMoRan (NYSE: FCX) from 16,393,273 shares and 10,014,400 shares through calls to 11,523,563 shares and 2,214,900 shares through calls
Inverness Medical Innovations Inc. (AMEX: IMA) from 5,287,412 shares to 0
Mastercard (NYSE: MA) from 4,093,290 shares and 1,594,600 shares through calls to 3,621,683 shares and 194,600 through calls
Monsanto (NYSE: MON) from 931,500 shares and 493,100 shares through calls to 0
Moody's (NYSE: MCO) from 1,644,600 shares and 1,500,000 through calls to 0
Norfolk Southern Corp. (NYSE: NSC) from 5,634,016 shares and 203,600 though calls to 1,921,900 shares
NYSE (NYSE: NYX) from 15,261,911 shares and 7,251,400 shares though calls to 13,955,540 shares
Praxair Inc. (NYSE: PX) from 2,045,311 shares to 0
Occidental Petroleum Corp. (NYSE: OXY) from 9,428,982 to 7,414,900 shares
Research In Motion Ltd. (Nasdaq: RIMM) from 1,500,000 shares to 0
VeriSign Inc. (Nasdaq: VRSN) from 2,025,400 shares to 0


For the complete 13-F Go Here


Atticus Capital is a $13 billion New York-based hedge fund, founded by Timothy Barakett in 1995. The fund in known for taking large concentrated positions in select stocks.


You can also track all Atticus Capital related news at StreetInsider.com here. StreetInsider.com Premium members can get e-mail alerts when there is new Atticus Capital news.


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Stocks Mentioned

AU 44.04

-0.48 -1.08%
Volume: 2,841,498
Track AU

CSX 47.48

-0.05 -0.11%
Volume: 2,335,538
Track CSX

FCX 82.80

-1.34 -1.59%
Volume: 14,139,472
Track FCX

GFI 14.78

+0.31 +2.14%
Volume: 6,394,091
Track GFI

GHDX 19.01

+0.06 +0.32%
Volume: 74,392
Track GHDX

IMA 42.05

+0.30 +0.72%
Volume: 424,649
Track IMA

MA 240.86

+5.27 +2.24%
Volume: 1,392,088
Track MA

MCO 23.23

+0.29 +1.26%
Volume: 3,800,475
Track MCO

MON 80.75

+1.25 +1.57%
Volume: 5,035,005
Track MON

NEM 53.64

+0.29 +0.54%
Volume: 6,409,322
Track NEM

NSC 51.40

+0.21 +0.41%
Volume: 2,232,686
Track NSC

NYX 25.28

+0.04 +0.16%
Volume: 4,075,954
Track NYX

OXY 80.79

-0.41 -0.50%
Volume: 4,331,577
Track OXY

PX 82.03

+0.52 +0.64%
Volume: 1,261,067
Track PX

RIMM 57.89

-0.25 -0.43%
Volume: 13,387,102
Track RIMM

V 81.00

+0.67 +0.83%
Volume: 3,926,682
Track V

VRSN 22.44

+0.14 +0.63%
Volume: 5,375,451
Track VRSN


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