Published by InsiderMonkey.com
May 28, 2015
Glenview Capital Management is a Hedge fund based in New York which was founded in 2000 by its current CEO and portfolio manager, Larry Robbins. The hedge fund generated a cumulative return of 260% since its inception, yielding an annualized return of 14.2%. Despite the fact that Glenview Capital lost approximately 50% of its assets in 2008, the fund managed to deliver strong returns in the years thereafter; Robbins’ fund returned more than 87% in 2009, while in 2014 the fund was able to outpace the stock market and most other hedge funds by generating a return of 14.4% net of fees. Larry Robbins, the skilled stock picker in charge, mainly invests in the following sectors: healthcare, industrial, finance, services and technology. According to Robbins’ latest 13F filing, the value of his fund’s public equity portfolio rose to $21.89 billion from $19.98 billion at the end of 2014. In this article we will cover the top mid-cap holdings of the billionaire fund manager, which are VCA Inc. (NASDAQ:WOOF), Tenet Healthcare Corp. (NYSE:THC), Teradyne Inc. (NYSE:TER) and Manitowoc Company Inc. (NYSE:MTW).