Soroban Capital, the hedge fund led by Eric Mandelblatt, acquired new positions in Union Pacific (UNP) and Thermo Fisher (TMO), closed out its holdings in Duke Energy (DUK) and boosted its stake in Amazon (AMZN) and Microsoft (MSFT) among its third quarter moves.
Soroban disclosed the information in its latest 13F filing, published on Friday.
The firm acquired 1.02 million shares of railroad operator Union Pacific (UNP), while it acquired 83,404 shares and 148,962 shares, respectively for pharma companies Thermo Fisher (TMO) and Danaher (DHR), according to the filing.
It added to its holdings of Amazon (AMZN) to 7.15M shares from 4.8M shares, Microsoft (MSFT) to 3.99M shares from 3.91M shares, TransDigm Group (TDG) to 581,105 shares from 15,562 shares. Other new holdings include Class A shares of Meta Platforms (META) and WEC Energy (WEC).
Soroban reduced holdings in Western Digital (from 3.06M to 1.14M shares), Seagate Technology (STX) (from 1.14M to 534, 364 shares), Ameren (AEE) (from 1.37M to 1.24M shares), among others.
Other than Duke Energy (DUK), the firm exited its positions in CenterPoint Energy (CNP) and CDW (CDW).