Howard Guberman‘s Gruss Capital Management LP has released its quarterly 13F report. The fund management firm has its biggest holdings in McDonald’s Corporation (NYSE:MCD), Medtronic, Inc. (NYSE:MDT) and CBS Corporation (NYSE:CBS). In this article, we will quickly review the fund’s latest and previous holdings on its top positions.
McDonald’s Corporation (NYSE:MCD) is the biggest position in Gruss Capital Management. It has 2,200,000 shares of the fast food chain worth $208 million. Last quarter, the fund had no holding in McDonald’s Corporation (NYSE:MCD). This depicts a significant and latest investment by the fund in the stock. Among other famous shareholders of McDonald’s Corporation (NYSE:MCD) include Aleem Mawji’s Nebula Capital. The company reported its last purchase back in 2013 and the stock was sold in September this year at $93 per share price.
Medtronic, Inc. (NYSE:MDT) is the second biggest position in Gruss Capital Management. The fund has 3,242,500 shares of the company worth $200 million. As of last quarterly 13F report, the fund had no holding on the stock of the company. This shows that the fund is reiterating its strategy. Among other notorious shareholders of Medtronic, Inc. (NYSE:MDT) include Robert Sanborn’s Kilcollin Partners. The company reported its last sales back in last month this year when Michael Coyle’s sold 370 shares of the company at $64 per share price.
CBS Corporation (NYSE:CBS) is the third biggest position in the fund. It has 1,900,000 shares of the company worth $101 million. Last quarter, the fund had 1,782,500 shares of CBS Corporation (NYSE:CBS) worth around $110 million. This depicts that the fund has reduced its holding on the company. Peter Adam’s Brahman Capital is one of the other shareholders of CBS Corporation (NYSE:CBS). The company reported its last sales on 4th November, when 244,888 of its shares were sold at $52 per share.
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