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Davidson Kempner Capital Management’s 1Q14 positions

Smita Nair

Overview: Davidson Kempner Capital Management’s 1Q14 positions (Part 1 of 8)

Davidson Kempner Capital Management

Davidson Kempner Capital Management LLC is a hedge fund manager led by president Thomas Kempner, Jr., who joined the firm in 1984. It has about $22 billion in assets under management. The company’s reportable first quarter portfolio totaled $2.20 billion— down from $ 2.59 billion in the 4Q13.

                               *Alpha Natural Resources is a convertible bond position

The fund added positions in Omnicom Group Inc. (OMC), JPMorgan Chase (JPM), Brunswick Corporation (BC), and Vitamin Shoppe Inc (VSI). It added a convertible bond position in Alpha Natural Resources (ANR). It exited positions in Perrigo Co. Plc . (PRGO) and Apple Inc. (AAPL). Davidson Kempner’s top holdings in the first quarter are outlined below.

Notice of correction: When this article was originally published, it did not mention the convertible bond position in Alpha Natural Resources. The information has been amended to reflect the update.

Continue to Part 2

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