Top 5 Stock Picks of John Bader’s Halcyon Asset Management

2. Kansas City Southern (NYSE:KSU)

Halcyon Asset Management’s Stake Value: $33.04 million

 Percentage of Halcyon Asset Management’s 13F Portfolio: 5.33%

 Number of Hedge Fund Holders: 59

Kansas City Southern (NYSE:KSU) is a holding company that exclusively deals in transportation. It is headquartered in Kansas, Missouri, and has investments in USA, Mexico, and Panama. The company owns around 6,700 miles of railway track spreading across the United States and Mexico.

In the third quarter of 2021, Halcyon Asset Management owned 122,094 shares of Kansas City Southern (NYSE:KSU) worth $33.04 million.  The fund also increased its activity in the company by 588%.

The Investment management firm, Miller/Howard Investments mentioned Kansas City Southern (NYSE:KSU) in their first quarter 2021 investor letter. Here is what it said:

“Canadian Pacific Railway (CP) agreed to acquire Kansas City Southern (KSU) in the largest rail deal in over a decade. The merger will create the first rail network connecting Canada, the US, and Mexico, and it should benefit from the passage of the USMCA Trade Agreement. We initiated a position in KSU in Q4 as we expected it to benefit from growing North American trade and viewed it as a consolidation candidate.”