John Clark's Southpoint Capital is Selling Caterpillar and 9 Other Stocks
In this article we take a look at the 10 stocks John Clark's Southpoint Capital is selling.
Established in March 2004, Southpoint Capital Advisors is a New York-based hedge fund manager founded by John S. Clark II. The firm primarily serves pooled investment vehicles and invests in public equity, fixed-income, and alternative investment markets in the United States.
John S. Clark II is a Co-Founder and Co-Portfolio Manager at Southpoint Capital Advisors LP. Before founding the firm, he was an Analyst at Greenlight Capital, Inc. From April 1997 to August 2000, Clark ran GameSouth, a specialty vending company he founded in Atlanta. Before that, he spent one year at Prometheus Partners, a private equity firm, and one year at PricewaterhouseCoopers LLP. Clark graduated from the University of North Carolina at Chapel Hill in 1995 and received an M.B.A. with distinction from Harvard Business School in 2002.
Southpoint Capital Advisors has 2 clients and discretionary assets under management (AUM) of $6,896,936,872 as of March 2024. Their last reported 13F filing for Q1 2024 listed $5,053,806,583 in managed 13F securities with a top 10 holdings concentration of 42.5%. The largest holding is Fidelity National Information Services Inc., with 3,600,000 shares.
