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GLG Partners LP (GLG) is an investment advisory and hedge fund management firm. It is a subsidiary of GLG Partners Inc., which in turn is the subsidiary of Man Group, Ltd. The fund manages a total of over $20 billion in assets (both equity and fixed income).

I discussed the Top 15 Buys of GLG Partners in my previous article here. In addition to buys, it is also interesting to have a look at top companies where GLG is booking profit and selling its holdings. The following is a list of its top 15 sells (market value wise) in the last quarter, as released in its most recent 13F filing with the SEC.

Stock

Symbol

Shares Held as on 31 Dec 10

Shares Held as on 31 Mar 11

Marathon Oil Corporation

MRO

471,698

68,909

Walt Disney Co.

DIS

858,696

373,567

General Motors Company

GM

1,226,816

672,816

Bucyrus International Inc.

BUCY

191,029

11,029

BJ's Wholesale Club Inc.

BJ

381,655

52,041

Broadcom Corp.

BRCM

415,810

22,192

Starwood Property Trust, Inc.

STWD

905,653

238,423

Petrohawk Energy Corporation

HK

868,684

291,937

Netapp, Inc.

NTAP

323,747

31,696

Google, Inc.

GOOG

79,269

63,176

Plains Exploration & Production Company

PXP

355,929

19,542

Airgas Inc.

ARG

195,000

15,365

Wellpoint Inc.

WLP

226,839

57,771

Exxon Mobil Corp.

XOM

185,871

46,128

Viacom, Inc.

VIA.B

823,541

596,504

Here are some of the specifics about these companies, including a brief description of their business, growth expectations (topline and bottomline) and Valuation:

Marathon Oil Corporation

GLG sold 402,789 shares of Marathon Oil Corporation last quarter and now holds a total of 68,909 shares in the company. The share price of the company has increased from $37.02 on 31 December 2010 to $53.31 on 31 March 2011.

Marathon Oil Corporation is an integrated international energy company engaged in Exploration and Production (E&P); Oil Sands Mining;; Integrated Gas and Refining, Marketing and Transportation. Marathons EPS forecast for the current year is $6.23 and next year is $6.21. According to consensus estimates, its topline is expected to grow 22.80% in the current year and 6.50% next year. It is trading at a forward P/E of 8.09. Out of 22 analysts covering the company, 13 are positive and have buy ratings and nine have hold ratings.

Walt Disney Co.

GLG sold 485,129 shares of Walt Disney Co. last quarter and now holds a total of 373,567 shares in the company. The share price of the company has increased from $37.50 on 31 December 2010 to $43.10 on 31 March 2011.

The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. The Company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media. Walt Disney' s EPS forecast for the current year is $2.57 and next year is $3.01. According to consensus estimates, its topline is expected to grow 8.0% in the current year and 6.50% next year. It is trading at a forward P/E of 13.60. Out of 27 analysts covering the company, 17 are positive and have buy ratings and 10 have hold ratings.

General Motors Company

GLG sold 554,000 shares of General Motors Co. last quarter and now holds a total of 672,816 shares in the company. The share price of the company has decreased from $36.86 on 31 December 2010 to $31.03 on 31 March 2011.

General Motors Company is a global automotive company. It develops, produces and markets cars, trucks and parts worldwide. GM also provides automotive financing services through General Motors Financial Company, Inc. GM's EPS forecast for the current year is $4.00 and next year is $4.94. According to consensus estimates, its topline is expected to grow 7.60% in the current year and 8.60% next year. It is trading at a forward P/E of 6.28. Out of 20 analysts covering the company, 15 are positive and have buy ratings, four have hold ratings and one has a sell rating.

Bucyrus International Inc.

GLG sold 180,000 shares of Bucyrus International Inc. last quarter and now holds a total of 11,029 shares in the company. The share price of the company has increased from $89.40 on 31 December 2010 to $91.50 on 31 March 2011.

Bucyrus International, Inc. is a designer and manufacturer of safe and productive mining equipment for the extraction of coal, copper, oil sands, iron ore and other minerals in major mining centers globally. In addition to the manufacture of original equipment, it also provides the aftermarket replacement parts and service. Bucyrus' EPS forecast for the current year is $5.10 and next year is $6.67. According to consensus estimates, its topline is expected to grow 22.80% in the current year and 13.20% next year. It is trading at a forward P/E of 13.68. Out of 17 analysts covering the company, one is positive and has a buy rating, 15 have hold ratings and one has a sell rating.

BJ's Wholesale Club Inc.

GLG sold 329,614 shares of Bj's Wholesale Club Inc. last quarter and now holds a total of 52,041 shares in the company. The share price of the company has increased from $47.90 on 31 December 2010 to $48.20 on 31 March 2011.

BJ ’s Wholesale Club, Inc. is a warehouse club operator in the eastern United States. BJ’s EPS forecast for the current year is $2.80 and next year is $3.07. According to consensus estimates, its topline is expected to grow 8.40% in the current year and 7.30% next year. It is trading at a forward P/E of 16.68. Out of 16 analysts covering the company, seven are positive and have buy ratings and nine have hold ratings.

Broadcom Corp.

GLG sold 393,618 shares of Broadcom Corp. last quarter and now holds a total of 22,192 shares in the company. The share price of the company has decreased from $43.54 on 31 December 2010 to $39.38 on 31 March 2011.

Broadcom Corporation is a provider of semiconductor for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. Broadcom’s EPS forecast for the current year is $2.83 and next year is $3.00. According to consensus estimates, its topline is expected to grow 11.20% in the current year and 9.90% next year. It is trading at a forward P/E of 11.20. Out of 43 analysts covering the company, 26 are positive and have buy ratings, 13 have hold ratings and four have sell ratings.

Starwood Property Trust

GLG sold 667,230 shares of Starwood Property Trust last quarter and now holds a total of 238,423 shares in the company. The share price of the company has increased from $21.50 on 31 December 2010 to $22.30 on 31 March 2011.

Starwood Property Trust, Inc. is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments. Starwood's EPS forecast for the current year is $1.90 and next year is $2.13. It is trading at a forward P/E of 10.10. All six analysts covering the company are positive and have buy ratings.

Petrohawk Energy Corporation

GLG sold 576,747 shares of Petrohawk Energy Corporation last quarter and now holds a total of 291,937 shares in the company. The share price of the company has increased from $18.25 on 31 December 2010 to $24.54 on 31 March 2011.

Petrohawk Energy Corporation is an independent oil and natural gas company engaged in the exploration, development and production of natural gas properties located in the United States. The company operates in two segments: Oil and Natural Gas Production, and Midstream Operations. Petrohawk's EPS forecast for the current year is $0.94 and next year is $1.68. According to consensus estimates, its topline is expected to grow 53.30% in the current year and 25.70% next year. It is trading at a forward P/E of 14.29. Out of 30 analysts covering the company, 20 are positive and have buy ratings, nine have hold ratings and one has a sell rating.

NetApp, Inc.

GLG sold 292,051 shares of NetApp Inc. last quarter and now holds a total of 31,696 shares in the company. The share price of the company has decreased from $55.00 on 31 December 2010 to $48.14 on 31 March 2011.

NetApp, Inc. is a provider of storage and data management solutions. The company offers solutions for storing, managing, protecting and archiving business data. NetApp's products and services are designed to meet the requirements and service levels of large enterprises and their business applications. NetApp's EPS forecast for the current year is $2.05 and next year is $2.25. According to consensus estimates, its topline is expected to grow 27.10% in the current year and 17.30% next year. It is trading at a forward P/E of 23.55. Out of 37 analysts covering the company, 16 are positive and have buy ratings, 20 have hold ratings and one has a sell rating.

Google Inc.

GLG sold 16,093 shares of Google Inc. last quarter and now holds a total of 63,176 shares in the company. The share price of the company has decreased from $594.00 on 31 December 2010 to $586.76 on 31 March 2011.

Google Inc. is leading internet company focused on improving the ways people connect with information. The company generates revenue primarily by delivering online advertising. Google's EPS forecast for the current year is $33.94 and next year is $39.55. According to consensus estimates, its topline is expected to grow 25.80% in the current year and 20.50% next year. It is trading at a forward P/E of 13.10. Out of 41 analysts covering the company, 35 are positive and have buy ratings, five have hold ratings and one has a sell rating.

Plains Exploration & Production Company

GLG sold 336,387 shares of Plains Exploration & Production Company last quarter and now holds a total of 19,542 shares in the company. The share price of the company has increased from $32.14 on 31 December 2010 to $36.23 on 31 March 2011.

Plains Exploration & Production Company is an independent oil and gas company engaged in the upstream oil and gas business. The upstream business acquires, develops, explores for and produces oil and gas. Its upstream activities are located in the United States. PXP's EPS forecast for the current year is $1.99 and next year is $2.92. According to consensus estimates, its topline is expected to grow 27.10% in the current year and 24.10% next year. It is trading at a forward P/E of 11.39. Out of 17 analysts covering the company, 12 are positive and have buy ratings and five have hold ratings.

Airgas Inc.

GLG sold 179,635 shares of Airgas Inc. last quarter and now holds a total of 15,365 shares in the company. The share price of the company has increased from $62.46 on 31 December 2010 to $66.42 on 31 March 2011.

Airgas, Inc., through its subsidiaries, is a distributor of industrial, medical and specialty gases (delivered in packaged or cylinder form), and hard-goods, such as welding equipment and supplies. Airgas is also a United States distributor of safety products, producer of nitrous oxide and dry ice, liquid carbon dioxide producer in the Southeast, and a distributor of process chemicals, refrigerants and ammonia products. Airgas' EPS forecast for the current year is $3.89 and next year is $4.60. According to consensus estimates, its topline is expected to grow 8.60% in the current year and 7.50% next year. It is trading at a forward P/E of 14.57. Out of 14 analysts covering the company, seven are positive and have buy ratings, six have hold ratings and one has a sell rating.

Wellpoint Inc.

GLG sold 169,068 shares of Wellpoint Inc. last quarter and now holds a total of 57,771 shares in the company. The share price of the company has increased from $56.86 on 31 December 2010 to $69.79 on 31 March 2011.

WellPoint, Inc. is a health benefits company in terms of medical membership in the United States. It offers a spectrum of managed care plans, which include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service plans (POS) plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. Wellpoint's EPS forecast for the current year is $6.95 and next year is $7.65. According to consensus estimates, its topline is expected to grow 2.70% in the current year and 4.00% next year. It is trading at a forward P/E of 10.56. Out of 26 analysts covering the company, 18 are positive and have buy ratings and eight have hold ratings.

Exxon Mobil Corp

GLG sold 139,743 shares of Exxon Mobil Corp last quarter and now holds a total of 46,128 shares in the company. The share price of the company has increased from $73.12 on 31 December 2010 to $84.13 on 31 March 2011.

Exxon Mobil Corporation is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. It also has interests in electric power generation facilities. Exxon's EPS forecast for the current year is $8.71 and next year is $9.01. According to consensus estimates, its topline is expected to grow 28.90% in the current year and 7.20% next year. It is trading at a forward P/E of 8.91. Out of 20 analysts covering the company, eight are positive and have buy ratings, 11 have hold ratings and one has a sell rating.

Viacom, Inc.

GLG sold 227,037 shares of Viacom, Inc. last quarter and now holds a total of 596,504 shares in the company. The share price of the company has increased from $39.60 on 31 December 2010 to $46.50 on 31 March 2011.

Viacom Inc. is an entertainment content company. The company engages audiences on television, motion picture, Internet and mobile platforms through many of the world's entertainment brands. It manages its operations through two reporting segments: Media Networks and Filmed Entertainment. Viacom’s EPS forecast for the current year is $3.61 and next year is $4.15. It is trading at a forward P/E of 11.87. Out of 26 analysts covering the company, 21 are positive and have buy ratings and five have hold ratings.

Source: Top 15 Sells of GLG Partners LP