Jim Chanos portfolio
by leanas | December 15, 2011 9:48 am
What stocks is Jim shorting?
Source URL: https://www.stockgumshoe.com/2011/12/microblog-jim-chanos-portfolio/
Jim Chanos portfolioby leanas | December 15, 2011 9:48 am
What stocks is Jim shorting?
Source URL: https://www.stockgumshoe.com/2011/12/microblog-jim-chanos-portfolio/
Jim Chanos portfolio”Copyright ©2024 Stock Gumshoe unless otherwise noted.
The last info I’ve seen about Chanos is the same as it’s been for a while — he’s negative on Chinese real estate and banks (especially big banks, due to the real estate bubble and opacity and overleveraging) and big integrated oil producers (which he calls depleting trusts). I’m sure he’s short all sorts of other things as well, but those are a couple of the big picture negatives he talks about.
I was hoping for specifics, thanks.
Short sellers don’t have to disclose their positions in the same way that longs do — they aren’t in a 13F filing like long portfolio positions are. When you do see his portfolio holdings you’ll often only see the long positions that he uses to hedge his short positions — so you might see that he holds Boeing, for example, but he does that primarily as a hedge against his short in EADS (Airbus). The shorts that he talks about are the ones he wants you to know about, Chinese property/real estate, euro-exposed stuff, big oil companies, green energy companies like First Solar and the like, the for-profit education companies, the huge iron ore companies like Vale, digital distribution victims like Gamestop — he sometimes targets specific companies where he doesn’t like their accounting, but I think we learn more from him in his broader talks about themes to be wary of. A blogger put up his full presentation from the Value Investing Congress, which was excellent, at this link: http://www.scribd.com/doc/69339884/James-Chanos-Presentation
Thanks