Shumway's Largest Holdings Could Be Volatile as Fund to Shutter Doors (AAPL, LVS, C, PCLN, BIDU, LYV, more)

Below is a list of Shumway Capital Partners top ten holdings. With the fund announcing that it will return $8 billion in cash by the end of March, these stocks could be volatile as the manager Chris Shumway is forced to liquidate positions.

• Apple (Nasdaq: AAPL) - 1.8 million share stake
  
• Las Vegas Sands (NYSE: LVS) - 9.9 million shares, 1.45% of outstanding
  
• Citi (NYSE: C) - 100.6 million shares
  
• priceline.com (Nasdaq: PCLN) - 20.8 million shares, 2.11% of outstanding
  
• Pfizer (NYSE: PFE) - 20.8 million shares
  
• Baidu (Nasdaq: BIDU) - 3.34 million shares, 1.2% of outstanding
  
• SPDR Gold Trust (NYSE: GLD) - 2.07 million shares
  
• Illumina (Nasdaq: ILMN) - 2.27 million shares, 1.82% of outstanding
  
• Target (NYSE: TGT) - 2.5 million shares
  
• Union Pacific (NYSE: UNP) - 1.4 million shares

Additionally, Shumway is one of the largest holders of Live Nation (NYSE: LYV); at the the quarter ending September 30, the fund was the 10th largest holder of the company, owning 4.6 million shares or about 2.67% of the outstanding stock.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Citigroup set to join top banks in Anthropic IPO - Bloomberg
• Robo.ai names Hao Wang of Changer.ae to its board of directors
• S&P 500 may pull back before midterms, but Citi says buy the dip