Passport Capital Buys McGraw-Hill, Yelp; Sells Hollyfrontier, eBay

Mani

Published onMay 15, 2013

Updated on May 13, 2021

John H. Burbank, founder of Passport Capital, continues to have confidence in Cytec Industries Inc. (NYSE:CYT) by having over 10 percent of its portfolio in the specialty chemicals, while trimming its holdings in the oil and gas refining company Hollyfrontier Corp. (NYSE:HFC).

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John Burbank shot into fame by being one of the prescient investors who profited from the collapse of the housing bubble.

In its first quarter 13F filing, Passport Capital revealed that it added 56 new stocks to its portfolio, bought more shares of 29 stocks, exited...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Passport Capital Buys McGraw-Hill, Yelp; Sells Hollyfrontier, eBay

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