King Street Capital’s managing partner and co-portfolio manager, Brian Higgins, is also a co-owner of the company. At the end of 2021, he has a 13F portfolio worth $1.18 billion and $21.88 billion in total assets under management. In 1995, the hedge fund was established. Booking Holdings Inc., Wells Fargo & Company, and T-Mobile US, Inc. are three of the most notable stocks in Brian Higgins’ King Street Capital’s third quarter portfolio. Collateralized loan obligations are a specialty for the firm.
Insider Monkey stated 10 new stock picks of Brian Higgins’ King Street Capital. The quarterly revenue grew by 16.69 percent year-over-year to $1.13 billion, exceeding forecasts by $9.12 million, according to a press release. Urban Outfitters, Inc. was given a Buy rating by Jefferies analyst Corey Tarlowe on November 30. Home improvement accessories are sold at Tractor Supply Company. The total revenue for the quarter was $3.02 billion, which was $160.32 million higher than the estimates. Black Spade Acquisition Co. is a special purpose acquisition company that was formed with the purpose of effecting a merger, share acquisition, corporate restructuring, or a similar business combination. Brian Higgins’ King Street Capital acquired a $4.96 million position in Black Spade Acquisition Co. as of Q3 2021, which accounts for 0.41% of the fund’s total 13F securities. Hedge funds’ ownership of Five Below, Inc. fell to 40 funds in the third quarter of 2021, from 42 funds the previous quarter. As one of the leading shareholders, Balyasny Asset Management increased its position by a whopping 2395 percent in the third quarter. When it comes to mortgage insurance, Enact Holdings is Brian Higgins’ latest acquisition. In the third quarter, the hedge fund owned 275,000 shares of the company, worth $6.03 million. For more details, click 10 New Stock Picks Of Brian Higgins’ King Street Capital.