Archon Partners LLC has released its quarterly 13F report. In this article, we will quickly take a look at the biggest positions in the investment group. Archon Partners has the biggest positions in The Blackstone Group L.P. (NYSE:BX), Intel Corporation (NASDAQ:INTC) and American International Group Inc (NYSE:AIG).
Archon Partners has the best position in The Blackstone Group L.P. (NYSE:BX). It has 462,800 shares of the company worth $14 million. Last quarter, it had 461,800 shares of the company worth $15 million. This depicts that that fund has decreased its holding on the company stock. Among other shareholders of The Blackstone Group L.P. (NYSE:BX) include Martin Hughes’s Toscafund Asset Management. The company reported its last purchase sales in June this year when Kathleen Skero sold the stock at $32 per share price.
Intel Corporation (NASDAQ:INTC) is the second biggest position held by Archon Partners. It has 331,000 shares of the chip maker. Last quarterly 13F report showed that the fund had 331,000 shares of Intel Corporation (NASDAQ:INTC) worth around $10 million. This means that the fund has increased its investment in the company. Intel Corporation (NASDAQ:INTC)’s shareholders include Russell Hawkins’s Hawkins Capital. The company reported its last stock sale in October this year. The stock was sold at $33 per share price.
American International Group Inc (NYSE:AIG) is the third biggest position held by Archon Partners LLC. It has 206,600 shares of the company worth $11 million. As of last quarterly 13F report, the fund had 203,000 shares of the company which was worth around $11 million. So that fund had retained its position. Among other shareholders of American International Group Inc (NYSE:AIG) include Edward A. Mule’s Silver Point Capital. The company reported its last sales in 2013 when its shares were sold at around $49 per share price.
Suggested Articles:
