Paul Tudor Jones Betting On Emerging Markets, Pepsi, Facebook, More

PepsiCo Inc (NYSE:PEP), which is one of the largest food and beverage companies in the world, was the sixth largest holding of Tudor Investment Corp. The fund held 503,600 shares of this company worth more than $54 million. During 2015, per capita soda consumption fell to a 30-year low in USA. Moreover, some bears anticipate potential soda taxes on sugary drinks to hit PepsiCo Inc (NYSE:PEP), in addition to the trend of consumers moving more towards healthier refreshments. In response, the company announced plans to cut sugar content in its beverages and has vowed to cut the calories in at least two-third of its beverages to one hundred calories or less by 2025. During the third quarter 57 hedge funds from our system held shares worth $4.79 billion in this stock, accounting for 3.5% of the company’s float as of Septemeber 30th.

Biogen Inc. (NASDAQ:BIIB) formed 0.9% of Tudor Investment Corp’s total 13F portfolio value as of September 30. The fund held 125,668 shares valued at $39 million by the end of the third quarter. The company reported an earnings per share of $4.71 on revenues of $2.95 billion during the third quarter which increased from an EPS $4.15 on revenues of $2.77 billion for the year ago quarter. Biogen has plans to spin off its hemophilia drug business in 2017. By the end of the third quarter, 81 hedge funds that we track held shares worth $4.86 billion in this stock, up from 73 funds holding $4.04 billion at the end of the quarter two.

Alliance Data Systems Corporation (NYSE:ADS) is one of Tudor’s top tech holdings with the fund reporting a stake of 162,176 shares valued at $34.79 million at the end of the third quarter. Alliance Data Systems is in the business of providing marketing and loyalty solutions to consumer focused companies and has a market value of more than $13 billion. The stock has yielded admirable returns to investors with the company rising over 150% over the last 5 years. Analysts have a positive view on this stock with 18 out of the 27 analysts rating it as a ‘Buy’. 11.2% of the company’s float as at September 30th was held by 32 hedge funds from our records.

Facebook Inc (NASDAQ:FB) is the fund’s third largest technology holding with Tudor Investment holding more $34.6 million of this stock at the end of the third quarter. The fund bought 230,197 additional shares of this popular social media stock and it comprised 0.8% of the total 13F fund holdings at the end of the third quarter. Facebook Inc (NASDAQ:FB) recently announced that it will start a $6 billion stock buyback program and will expand its UK office by hiring 500 new employees. By the end of the third quarter, 149 funds from our system held shares worth $16.27 billion up from $15.24 billion held during the second quarter.

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