Hedge fund manager Whitney Tilson, who is now managing the Kase Fund after going separate ways from his partner Glenn Tongue, has filed T2 Partners 13F for the fourth quarter with the SEC.
The fund's latest moves remind us of Bill Ackman, the founder of $12 billion Pershing Square Capital Management. Ackman and Tilson are known to be friends.
Anyway, according to the filing, T2 disclosed brand new stakes in Burger King Worldwide and JCPenney, both Ackman favorites. (HT: ValueWalk's Jacob Wolinksy)
The filing shows that T2 owned 25,983 shares of Burger King and 44,899 shares in JCPenney during the fourth quarter.
The filing also shows that he bought 67,200 shares of MBIA (the stock that Ackman famously shorted years ago) and 9,800 Herbalife calls. Last month, Tilson said that he's shorting a "tiny smidge" of Herbalife, the company that Ackman believes is a "pyramid scheme" and has a price target of $0.
Speaking of 13-F filings that are coming out, Tilson said in an interview on CNBC's "Fast Money: Halftime Report" moments ago that he follows some of the smart guys and looks for great ideas that way.
Well it's probably safe to say one of those guys is Ackman.
Please follow Clusterstock on Twitter and Facebook.