Tudor Adds to Virgin Media, Yahoo Stakes in Fourth Quarter
Tudor Investment Corp., the $11 billion hedge fund run by Paul Tudor Jones, boosted investments in Virgin Media Inc. (VMED) and Yahoo! Inc (YHOO). during the fourth quarter.
Tudor bought 1.36 million shares of Virgin Media bringing its total stake to 1.65 million shares as of Dec. 31, according to a filing today with the U.S. Securities and Exchange Commission. The firm added 1.06 million shares of Yahoo, boosting its holding in the Sunnyvale, California-based company to 1.16 million shares.
Tudor sold stakes in exchange-traded funds that track gold, Japanese and U.S. equities during the fourth quarter. The fund sold 200,000 shares of the SPDR Gold Trust (GLD), valued at $31.6 million, 5.2 million shares in the iShares MSCI Japan Index fund, worth $49.2 million, and 104,000 shares in the SPDR Standard & Poor’s 500 ETF Trust with a value of $11.8 million, according to the filing.
Patrick Clifford, a spokesman for Greenwich, Connecticut- based Tudor, declined to comment.
To contact the reporter on this story: Saijel Kishan in New York at skishan@bloomberg.net
To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net
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