Some of the names we are going to show on this top 140 biggest and most famous activist hedge funds list are the investors that keep certain executives awake at night and at their toes.
After all, activist hedge funds get most of their earnings from investing in companies and pushing them to provide more shareholder value. These funds and their managers can start off with a statement declaring their dissatisfaction in a way a company handles its business. The suggestions could be something as benign as adding dividends, or something as hostile as firing CEOs or selling off some assets or the company itself. The more returns a hedge fund gets through its investments and campaigns, the more effective it can appear to its backers.
Here on this list, we are ranking the biggest and most famous activist hedge funds as of the third quarter of 2016, based on how huge their respective portfolios have grown after years of wheeling and dealing. We start of from No. 140, and count down to No. 1. To give you an idea on how much more valuable the top performers are, here’s a comparison point: The top-ranking hedge fund’s portfolio value is 900 times that of No. 140. But fortunes can change, and we can expect to see some changes in these rankings when the hedge funds update their filings in the next few weeks.
As of the third quarter of 2016, the 140 biggest and most valuable hedge funds have an aggregate 13F portfolio value of $397.42 billion, more than thrice the portfolio value of Warren Buffett and about 2.13% of the $18.68 trillion US gross domestic product during that quarter. If these hedge fund managers end up selling all their investments for cash (and let’s forget for a second the obviously disastrous effect on the stock market), they’ll end up holding more than 25% of the $1.5 trillion of cash in circulation.
Now that we’ve established the power these hedge funds wield, here then is the list the top five stocks the biggest and most famous activist hedge funds seem to prefer to invest in. Allergan plc (NYSE:AGN) tops this list, with 24 activist hedge funds holding $5.24 billion of company stock, followed by Yahoo! Inc. (NASDAQ:YHOO), with 22 funds owning $2.55 billion in shares. Rounding out the top five are Bank of America Corp (NYSE:BAC), with 20 activist investors holding $1.62 billion in the company, Apple Inc. (NASDAQ:AAPL), with $2.35 billion in stock held by 19 hedge funds, and Microsoft Corp. (NASDAQ:MSFT), where 18 activist hedge funds have invested $3.95 billion.
All portfolio values listed on this Top 140 Biggest and Most Famous Activist Hedge Funds list are as of September 30, 2016, the end of the third quarter of 2016, unless otherwise indicated in a parenthetical note beside the value. All of these hedge funds filed at least one 13D filing since the beginning of 2016.
- Prentice Capital Management
Hedge Fund Manager: Michael Zimmerman
Portfolio Value: $25,752,000 (as of the third quarter of 2015)
Top Three Investments: Gaiam Inc., now known as Gaia Inc (NASDAQ:GAIA); Potbelly Corp (NASDAQ:PBPB); bebe stores, inc. (NASDAQ:BEBE)
DW labs Incorporated/Shutterstock.com
- Altai Capital
Hedge Fund Managers: Rishi Bajaj, Toby Symonds, and Steve Tesoriere
Portfolio Value: $30,097,000
Top (and only) Investment: Servicesource International Inc (NASDAQ:SREV)
- Roumell Asset Management
Hedge Fund Manager: Jim Roumell
Portfolio Value: $32,735,000
Top Three Investments: Rosetta Stone Inc (NYSE:RST), Apple Inc. (NASDAQ:AAPL), Covisint Corp (NASDAQ:COVS)
- Stone House Capital
Hedge Fund Manager: Mark Cohen
Portfolio Value: $38,798,000
Top Three Investments: Scientific Games Corp (NASDAQ:SGMS), USA Truck, Inc.(NASDAQ:USAK), A. M. Castle & Co (OTCMKTS:CASL)
Copyright: sainaniritu / 123RF Stock Photo
- Central Square Management
Hedge Fund Manager: Kelly Cardwell
Portfolio Value: $56,605,000
Top Three Investments: PICO Holdings Inc (NASDAQ:PICO), Wells Fargo & Co (NYSE:WFC), Tandy Leather Factory, Inc. (NASDAQ:TLF)
DW labs Incorporated / Shutterstock.com
- Hayman Advisors
Activist Hedge Fund Manager: Kyle Bass
Portfolio Value: $63,340,000
Top Three Investments: NMI Holdings Inc (NASDAQ:NMIH), Shire PLC (ADR) (NASDAQ:SHPG) (Put option), Eco-Stim Energy Solutions Inc (NASDAQ:ESES)
- Emancipation Capital
Hedge Fund Manager: Charles Frumberg
Portfolio Value: $64,860,000
Top Three Investments: Transcat, Inc. (NASDAQ:TRNS), I.D. Systems, Inc. (NASDAQ:IDSY), Navigator Holdings Ltd (NYSE:NVGS)
Copyright: kzenon / 123RF Stock Photo
- Pleasant Lake Partners
Hedge Fund Manager: Jonathan Lennon
Portfolio Value: $68,485,000
Top Three Investments: Del Taco Restaurants Inc (NASDAQ:TACO), Citizens, Inc. (NYSE:CIA) (Call option), Hemisphere Media Group Inc (NASDAQ:HMTV)
Copyright: gdolgikh / 123RF Stock Photo
- Voce Capital
Activist Hedge Fund Manager: J. Daniel Plants
Portfolio Value: $77,799,000
Top Three Investments: Air Methods Corp (NASDAQ:AIRM), Cutera, Inc. (NASDAQ:CUTR), Investment Technology Group (NYSE:ITG)
dade72/Shutterstock.com
- BHR Capital
Hedge Fund Manager: Michael Thompson
Portfolio Value: $84,424,000
Top Three Investments: GOLAR LNG LTD. DL 1 (FRA:G2O), Overseas Shipholding Group, Inc. Class A (NYSE:OSG), Ally Financial Inc (NYSE:ALLY)
Courtesy of Ally Financial
- Blue Clay Capital
Hedge Fund Managers: Adam Wright and Gary Kohler
Portfolio Value: $88,666,000
Top Three Investments: Select Comfort Corp. (NASDAQ:SCSS), National Western Life Group, Inc. (NASDAQ:NWLI), SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option)
Copyright: archidea / 123RF Stock Photo
- Engine Capital
Activist Hedge Fund Manager: Arnaud Ajdler
Portfolio Value: $94,202,000 (as of March 31, 2016)
Top Three Investments: MYR Group Inc (NASDAQ:MYRG), CST Brands Inc (NYSE:CST), Stewart Information Services Corp (NYSE:STC)
Vytautas Kielaitis / Shutterstock.com
- Alden Global Capital
Activist Hedge Fund Manager: Randall Smith
Portfolio Value: $98,810,000
Top Three Investments: Pier 1 Imports Inc (NYSE:PIR), Ambac Financial Group, Inc. (NASDAQ:AMBC), Overseas Shipholding Group, Inc. Class A (NYSE:OSG)
papa studio/Shutterstock.com
- Monarch Alternative Capital
Hedge Fund Manager: Michael Weinstock
Portfolio Value: $108,580,000
Top Three Investments: WCI Communities Inc (NYSE:WCIC), Gener8 Maritime Inc (NYSE:GNRT), Resolute Energy Corp (NYSE:REN)
- Osmium Partners
Hedge Fund Manager: John H Lewis
Portfolio Value: $121,223,000
Top Three Investments: Rosetta Stone Inc (NYSE:RST), Tucows Inc. (USA) (NASDAQ:TCX), Leaf Group Ltd (NYSE:LFGR)
Creativa Images/Shutterstock.com
- Bandera Partners
Hedge Fund Managers: Gregory Bylinsky and Jefferson Gramm
Portfolio Value: $152,262,000
Top Three Investments: Star Gas Partners, L.P. (NYSE:SGU), Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI), Tandy Leather Factory, Inc. (NASDAQ:TLF)
George Sheldon/Shutterstock.com
- Sand Grove Capital Partners
Hedge Fund Manager: Simon Davies
Portfolio Value: $168,873,000
Top Three Investments: St Jude Medical Inc (NYSE:STJ), now a unit of Abbott Laboratories (NYSE:ABT); Rite Aid Corporation (NYSE:RAD); FleetMatics Group PLC (NYSE:FLTX), now a unit of Verizon Communications Inc. (NYSE:VZ)
Copyright: sudok1 / 123RF Stock Photo
- West Face Capital
Hedge Fund Manager: Greg Boland
Portfolio Value: $174,761,000
Top Three Investments: PHI Inc. (NASDAQ:PHIIK), Entravision Communication (NYSE:EVC), Gran Tierra Energy Inc. (NYSEMKT:GTE)
IxMaster/Shutterstock.com
- Amber Capital
Hedge Fund Managers: Joseph Oughourlian and Michel Brogard
Portfolio Value: $177,477,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Gran Tierra Energy Inc. (NYSEMKT:GTE) , Enersis SA, a unit of Enel S.p.A. (BIT:ENEL)
- TCS Capital Management
Hedge Fund Manager: Eric Semler
Portfolio Value: $183,169,000
Top Three Investments: Angie’s List Inc (NASDAQ:ANGI), Blue Nile Inc (NASDAQ:NILE), Central European Media Enterprises Ltd. (NASDAQ:CETV)
Jonathan Weiss/Shutterstock.com
- Dorset Management
Hedge Fund Manager: David M. Knott
Portfolio Value: $193,720,000
Top Three Investments: Ligand Pharmaceuticals Inc. (NASDAQ:LGND), Pfizer Inc. (NYSE:PFE), Capitol Federal Financial, Inc. (NASDAQ:CFFN)
Vereshchagin Dmitry/Shutterstock.com
- Accipiter Capital Management
Hedge Fund Manager: Gabe Hoffman
Portfolio Value: $206,419,000
Top Three Investments: UnitedHealth Group Inc (NYSE:UNH) (Put option), Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Foresight Energy LP (NYSE:FELP)
wavebreakmedia / shutterstock.com
- Spitfire Capital
Hedge Fund Manager: Julian Allen
Portfolio Value: $224,582,000
Top Three Investments: GTT Communications Inc (NYSE:GTT); Blue Bird Corp, a unit of Hennessy Capital Acquisition Corp (NASDAQ:BLBD); Horizon Global Corp (NYSE:HZN)
Courtesy of Horizon Global
- Tang Capital Management
Hedge Fund Manager: Kevin C. Tang
Portfolio Value: $241,111,000
Top Three Investments: Heron Therapeutics Inc (NASDAQ:HRTX), La Jolla Pharmaceutical Company (NASDAQ:LJPC), Ignyta Inc (NASDAQ:RXDX)
JPC-PROD/Shutterstock.com
- Sageview Capital
Hedge Fund Managers: Edward Gilhuly and Scott Stuart
Portfolio Value: $242,848,000
Top Three Investments: EverBank Financial Corp (NYSE:EVER); Resolute Energy Corp (NYSE:REN); Gen Probe Inc., a unit of Hologic, Inc. (NASDAQ:HOLX)
Courtesy of EverBank Financial
- Oasis Management
Hedge Fund Manager: Seth Fischer
Portfolio Value: $244,552,000
Top Three Investments: Zayo Group Holdings Inc (NYSE:ZAYO), AMC Networks Inc (NASDAQ:AMCX), HSBC Holdings plc (ADR)(NYSE:HSBC) (Bond option)
everything possible/Shutterstock.com
- Knighthead Capital
Hedge Fund Managers: Tom Wagner and Ara Cohen
Portfolio Value: $246,684,000 (as of March 31, 2016)
Top Three Investments: YPF SOCIEDAD ANONIMA (BMV:YPFN), General Motors Company (NYSE:GM), American Capital Ltd. (NASDAQ:ACAS)
Darren Brode / Shutterstock.com
- Dalton Investments
Hedge Fund Manager: Gifford Combs
Portfolio Value: $247,549,000
Top Three Investments: Ivanhoe Mines Ltd (TSE:IVN), Berkshire Hathaway Inc. (NYSE:BRK.A), Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH)
- Cannell Capital
Activist Hedge Fund Manager: J. Carlo Cannell
Portfolio Value: $251,507,000
Top Three Investments: BioTelemetry, Inc. (NASDAQ:BEAT), Ring Energy Inc (NYSEMKT:REI), Intralinks Holdings Inc (NYSE:IL)
- Discovery Group
Hedge Fund Managers: Michael Murphy and Daniel Donoghue
Portfolio Value: $254,522,000 (as of June 30, 2016)
Top Three Investments: TubeMogul Inc (NASDAQ:TUBE), Foundation Medicine Inc (NASDAQ:FMI), Aerohive Networks Inc (NYSE:HIVE)
Copyright: TEA / 123RF Stock Photo
- Wintergreen Advisers
Activist Hedge Fund Manager: David Winters
Portfolio Value: $256,588,000
Top Three Investments: Reynolds American, Inc. (NYSE:RAI), Consolidated-Tomoka Land Co. (NYSEMKT:CTO), Altria Group Inc (NYSE:MO)
- Sagard Capital Partners Management Corp.
Hedge Fund Manager: Dan Friedberg
Portfolio Value: $272,874,000
Top Three Investments: GP Strategies Corp (NYSE:GPX), BroadSoft Inc (NASDAQ:BSFT), Brink’s Company (NYSE:BCO)
dade72/shutterstock.com
- Engaged Capital
Hedge Fund Manager: Glenn Welling
Portfolio Value: $274,655,000
Top Three Investments: Benchmark Electronics, Inc. (NYSE:BHE), TiVo Corp (NASDAQ:TIVO), SunOpta, Inc. (USA) (NASDAQ:STKL)
- Coliseum Capital
Hedge Fund Managers: Christopher Shackelton and Adam Gray
Portfolio Value: $285,094,000
Top Three Investments: The Providence Service Corporation (NASDAQ:PRSC); Blue Bird Corp, a unit of Hennessy Capital Acquisition Corp (NASDAQ:BLBD); LHC Group, Inc. (NASDAQ:LHCG)
Robert Kneschke/Shutterstock.com
- Foundation Asset Management
Hedge Fund Managers: David Charney and Sky Wilber
Portfolio Value: $295,409,000
Top Three Investments: Stewart Information Services Corp (NYSE:STC), Copart, Inc.(NASDAQ:CPRT), Williams Companies Inc (NYSE:WMB)
Jonathan Nafzger / shutterstock.com
- Wynnefield Capital
Hedge Fund Manager: Nelson Obus
Portfolio Value: $298,913,000
Top Three Investments: Landec Corporation (NASDAQ:LNDC), Nature’s Sunshine Prod. (NASDAQ:NATR), DLH Holdings Corp. (NASDAQ:DLHC)
- Moab Capital Partners
Hedge Fund Manager: Michael M. Rothenberg
Portfolio Value: $307,741,000
Top Three Investments: Macquarie Infrastructure Corp (NYSE:MIC); Air Transport Services Group Inc. (NASDAQ:ATSG); LinkedIn Corp (NYSE:LNKD), now owned by Microsoft Corporation (NASDAQ:MSFT)
Copyright: nateemee / 123RF Stock Photo
- Stadium Capital Management
Hedge Fund Manager: Alexander Medina Seaver
Portfolio Value: $309,129,000
Top Three Investments: Builders FirstSource, Inc. (NASDAQ:BLDR), Ascena Retail Group Inc (NASDAQ:ASNA), Big 5 Sporting Goods Corporation (NASDAQ:BGFV)
dcwcreations/Shutterstock.com
- KSA Capital Management
Hedge Fund Manager: Daniel Khoshaba
Portfolio Value: $320,011,000
Top Three Investments: Caterpillar Inc. (NYSE:CAT) (Put option), AEP Industries Inc (NASDAQ:AEPI), Deere & Company (NYSE:DE) (Put option)
- Wildcat Capital Management
Hedge Fund Manager: Leonard A. Potter
Portfolio Value: $331,796,000
Top Three Investments: Kite Pharma Inc (NASDAQ:KITE), CoStar Group Inc (NASDAQ:CSGP), Nantkwest Inc (NASDAQ:NK)
Copyright: oscity / 123RF Stock Photo
- Steel Partners
Hedge Fund Manager: Warren Lichtenstein
Portfolio Value: $324,607,000
Top Three Investments: Handy & Harman Ltd (NASDAQ:HNH), Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), ModusLink Global Solutions, Inc. (NASDAQ:MLNK)
- Red Mountain Capital
Hedge Fund Manager: Willem Mesdag
Portfolio Value: $330,597,000
Top Three Investments: Air Transport Services Group Inc. (NASDAQ:ATSG), Deckers Outdoor Corp (NYSE:DECK), Marlin Business Services Corp. (NASDAQ:MRLN)
Mike Fuchslocher / Shutterstock.com
- Abdiel Capital Advisors
Hedge Fund Manager: Colin Moran
Portfolio Value: $340,040,000
Top Three Investments: Shopify Inc (NYSE:SHOP), MINDBODY Inc (NASDAQ:MB), Mimecast Ltd (NASDAQ:MIME)
Pachai Leknettip/Shutterstock.com
- Cerberus Capital Management
Hedge Fund Manager: Stephen Feinberg
Portfolio Value: $342,487,000
Top Three Investments: Ally Financial Inc (NYSE:ALLY), pdvWireless Inc (NASDAQ:PDVW), BlueLinx Holdings Inc. (NYSE:BXC)
Courtesy of Ally Financial
- FrontFour Capital Group
Hedge Fund Managers: Stephen Loukas, David A. Lorber, and Zachary George
Portfolio Value: $361,844,000 (as of March 31, 2016)
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option); Ferro Corporation (NYSE:FOE); Diamond Resorts International Inc (NYSE:DRII), now owned by Apollo Global Management LLC (NYSE:APO)
- Sandell Asset Management
Activist Hedge Fund Manager: Tom Sandell
Portfolio Value: $379,726,000
Top Three Investments: Bob Evans Farms Inc (NASDAQ:BOBE); Yahoo! Inc. (NASDAQ:YHOO); Virgin America Inc (NASDAQ:VA), now owned by Alaska Air Group, Inc. (NYSE:ALK)
- Great Point Partners
Hedge Fund Manager: Jeffrey Jay and David Kroin
Portfolio Value: $392,073,000
Top Three Investments: Vanda Pharmaceuticals Inc. (NASDAQ:VNDA), Adamis Pharmaceuticals Corp (NASDAQ:ADMP), Synergy Pharmaceuticals Inc (NASDAQ:SGYP)
Copyright: dolgachov / 123RF Stock Photo
- MSD Capital
Hedge Fund Managers: Glenn Fuhrman and John Phelan
Portfolio Value: $403,258,000
Top Three Investments: Asbury Automotive Group, Inc. (NYSE:ABG); Northstar Asset Management Group Inc., now a unit of Colony NorthStar Inc (NYSE:CLNS); Wesco Aircraft Holdings Inc (NYSE:WAIR)
- Perry Capital
Hedge Fund Manager: Richard Perry
Portfolio Value: $413,843,000
Top Three Investments: AT&T Inc. (NYSE:T) (Put option), Ally Financial Inc (NYSE:ALLY), AerCap Holdings N.V. (NYSE:AER)
- Taconic Capital
Hedge Fund Manager: Frank Brosens
Portfolio Value: $419,015,000
Top Three Investments: SINA Corp (NASDAQ:SINA) (Bond option), Ally Financial Inc (NYSE:ALLY), Vereit Inc (NYSE:VER) (Bond option)
- Newtyn Management
Hedge Fund Managers: Noah Levy and Eugene Dozortsev
Portfolio Value: $426,604,000
Top Three Investments: Forest City Realty Trust Inc (NYSE:FCE.A), Ball Corporation (NYSE:BLL), Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
- Mangrove Partners
Hedge Fund Manager: Nathaniel August
Portfolio Value: $428,157,000
Top Three Investments: SunCoke Energy Inc (NYSE:SXC), Echostar Corporation (NASDAQ:SATS), Asta Funding, Inc. (NASDAQ:ASFI)
- Sarissa Capital Management
Activist Hedge Fund Manager: Alex Denner
Portfolio Value: $434,231,000
Top Three Investments: Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Biogen Inc (NASDAQ:BIIB), The Medicines Company (NASDAQ:MDCO)
- Bulldog Investors
Hedge Fund Managers: Phillip Goldstein, Andrew Dakos, and Steven Samuels
Portfolio Value: $443,593,000
Top Three Investments: Stewart Information Services Corp (NYSE:STC); Nuveen Global Equity Income Fund (NYSE:JGV), now merged with Nuveen NWQ Global Equity Income Fund Class I (MUTF:NQGIX); Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT:NRO)
- Okumus Fund Management
Hedge Fund Manager: Ahmet Okumus
Portfolio Value: $445,354,000
Top Three Investments: Web.com Group Inc (NASDAQ:WEB), Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Endurance International Group Hldgs Inc (NASDAQ:EIGI)
- Sessa Capital
Hedge Fund Manager: John Petry
Portfolio Value: $451,490,000
Top Three Investments: Chemours Co (NYSE:CC), SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Citizens Financial Group Inc (NYSE:CFG)
Ffooter / Shutterstock.com
- Nokomis Capital
Hedge Fund Manager: Brett Hendrickson
Portfolio Value: $468,066,000
Top Three Investments: Vishay Precision Group Inc (NYSE:VPG), SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Xcerra Corp (NASDAQ:XCRA)
Copyright: kadmy / 123RF Stock Photo
- Prescott Group Capital Management
Hedge Fund Manager: Phil Frohlich
Portfolio Value: $468,691,000
Top Three Investments: Air Transport Services Group Inc. (NASDAQ:ATSG), Nature’s Sunshine Prod. (NASDAQ:NATR), PharmAthene, Inc. (NYSEMKT:PIP)
06photo/Shutterstock.com
- TPG-Axon Management LP
Hedge Fund Manager: Dinakar Singh
Portfolio Value: $471,275,000
Top Three Investments: Allergan plc (NYSE:AGN), Amaya Inc. (NASDAQ:AYA), Adeptus Health Inc (NYSE:ADPT)
- 40 North Management
Hedge Fund Managers: David S. Winter and David J. Millstone
Portfolio Value: $548,092,000
Top Three Investments: Cadence Design Systems Inc (NASDAQ:CDNS), GCP Applied Technologies Inc (NYSE:GCP), Ashland Global Holdings Inc. (NYSE:ASH)
Copyright: rawpixel / 123RF Stock Photo
- Crosslink Capital
Hedge Fund Managers: Seymour Sy Kaufman and Michael Stark
Portfolio Value: $554,741,000
Top Three Investments: Pandora Media Inc (NYSE:P), Carbonite Inc (NASDAQ:CARB), Alliance Data Systems Corporation (NYSE:ADS)
Copyright: prykhodov / 123RF Stock Photo
- Hudson Executive Capital
Hedge Fund Managers: Douglas Braunstein and James Woolery
Portfolio Value: $555,400,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Eagle Pharmaceuticals Inc (NASDAQ:EGRX), CIT Group Inc. (NYSE:CIT)
Copyright: nexusplexus / 123RF Stock Photo
- P2 Capital Partners
Hedge Fund Manager: Claus Moller
Portfolio Value: $634,719,000
Top Three Investments: EPIQ Systems, Inc. (NASDAQ:EPIQ), now owned by OMERS Private Equity Inc and Harvest Partners; Ebix Inc (NASDAQ:EBIX), Blackhawk Network Holdings Inc (NASDAQ:HAWK)
bluebay/Shutterstock.com
- EastBay Asset Management
Hedge Fund Managers: Adam Wolfberg and Steven Landry
Portfolio Value: $653,334,000
Top Three Investments: Shutterfly, Inc. (NASDAQ:SFLY), Yelp Inc (NYSE:YELP), salesforce.com, inc. (NYSE:CRM) (Call option)
dennizn/shutterstock.com
- Tontine Asset Management
Hedge Fund Manager: Jeffrey Gendell
Portfolio Value: $676,291,000
Top Three Investments: IES Holdings Inc (NASDAQ:IESC), Patrick Industries, Inc. (NASDAQ:PATK), Bank of America Corp (NYSE:BAC)
Jonathan Weiss/Shutterstock.com
- Raging Capital Management
Hedge Fund Manager: William C Martin
Portfolio Value: $725,962,000
Top Three Investments: Builders FirstSource, Inc. (NASDAQ:BLDR), Fiat Chrysler Automobiles NV (NYSE:FCAU) (Call option), Wells Fargo & Co (NYSE:WFC) (Call option)
- Lion Point
Hedge Fund Manager: Didric Cederholm
Portfolio Value: $761,017,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Ally Financial Inc (NYSE:ALLY), Marvell Technology Group Ltd. (NASDAQ:MRVL)
Copyright: ralwel / 123RF Stock Photo
- Atlantic Investment Management
Activist Hedge Fund Manager: Alexander Roepers
Portfolio Value: $765,884,000
Top Three Investments: Owens-Illinois Inc (NYSE:OI), Harman International Industries Inc (NYSE:HAR), Eastman Chemical Company (NYSE:EMN)
- RGM Capital
Hedge Fund Manager: Robert G. Moses
Portfolio Value: $795,719,000 (as of March 31, 2016)
Top Three Investments: Lam Research Corporation (NASDAQ:LRCX), Cornerstone OnDemand, Inc. (NASDAQ:CSOD), Aspen Technology, Inc. (NASDAQ:AZPN)
Wichy/Shutterstock.com
- Arbiter Partners Capital Management
Hedge Fund Manager: Paul J. Isaac
Portfolio Value: $840,898,000
Top Three Investments: iShares Trust (NYSEARCA:IEFA) (Put option), Tesla Motors Inc (NASDAQ:TSLA) (Put option), Pioneer Natural Resources (NYSE:PXD) (Call option)
- Harvest Capital Strategies
Hedge Fund Manager: Joseph A. Jolson
Portfolio Value: $849,645,000 (as of March 31, 2016)
Top Three Investments: iShares Trust (NYSEARCA:IEFA) (Put option), Green Dot Corporation (NYSE:GDOT), Servicesource International Inc (NASDAQ:SREV)
qvist/Shutterstock.com
- ESL Investments
Hedge Fund Manager: Edward Lampert
Portfolio Value: $881,848,000
Top Three Investments: AutoNation, Inc. (NYSE:AN), Sears Holdings Corp (NASDAQ:SHLD), Lands’ End, Inc. (NASDAQ:LE)
- Kingstown Capital Management
Hedge Fund Manager: Michael Blitzer
Portfolio Value: $896,805,000
Top Three Investments: Hewlett Packard Enterprise Co (NYSE:HPE), Citizens Financial Group Inc (NYSE:CFG), New Residential Investment Corp (NYSE:NRZ)
Ffooter / Shutterstock.com
- Cove Street Capital
Hedge Fund Manager: Jeffrey Bronchick
Portfolio Value: $927,559,000
Top Three Investments: ViaSat, Inc. (NASDAQ:VSAT); FMC Corp (NYSE:FMC); Starz Acquisition LLC (NASDAQ:STRZA), now owned by Lions Gate Entertainment Corp. (USA) (NYSE:LGF)
- Ashe Capital
Hedge Fund Managers: William Crowley, William Harker, and Stephen Blass
Portfolio Value: $951,358,000
Top Three Investments: Allison Transmission Holdings Inc (NYSE:ALSN); Starz Acquisition LLC (NASDAQ:STRZA), now owned by Lions Gate Entertainment Corp. (USA) (NYSE:LGF); Sensata Technologies Holding N.V. (NYSE:ST)
- Anchorage Advisors
Hedge Fund Managers: Kevin Michael Ulrich and Anthony Davis
Portfolio Value: $975,101,000
Top Three Investments: Houghton Mifflin Harcourt Co (NASDAQ:HMHC), Cheniere Energy, Inc. (NYSEMKT:LNG), Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH)
Now that we’re more than halfway through the Top 140 Biggest and Most Famous Activist Hedge Funds, we introduce the hedge funds that hold more than a billion dollars.
- Fairfax Financial Holdings
Hedge Fund Manager: Prem Watsa
Portfolio Value: $1,109,534,000
Top Three Investments: BlackBerry Ltd (NASDAQ:BBRY), International Business Machines Corp. (NYSE:IBM), Kennedy-Wilson Holdings Inc (NYSE:KW)
- Broadfin Capital
Hedge Fund Manager: Kevin Kolter
Portfolio Value: $1,115,804,000
Top Three Investments: Horizon Pharma PLC (NASDAQ:HZNP), Retrophin Inc (NASDAQ:RTRX), Novadaq Technologies Inc. (NASDAQ:NVDQ)
- Marcato Capital Management
Activist Hedge Fund Manager: Richard McGuire
Portfolio Value: $1,159,686,000
Top Three Investments: Sothebys (NYSE:BID), Goodyear Tire & Rubber Co (NASDAQ:GT), Buffalo Wild Wings (NASDAQ:BWLD)
- Cyrus Capital Partners
Hedge Fund Manager: Stephen C. Freidheim
Portfolio Value: $1,174,696,000
Top Three Investments: Virgin America Inc (NASDAQ:VA), now owned by Alaska Air Group, Inc. (NYSE:ALK); American Airlines Group Inc (NASDAQ:AAL); Ally Financial Inc (NYSE:ALLY)
Copyright: aneese / 123RF Stock Photo
- H Partners Management
Hedge Fund Manager: Rehan Jaffer
Portfolio Value: $1,232,955,000
Top Three Investments: Six Flags Entertainment Corp (NYSE:SIX), Tempur Sealy International Inc (NYSE:TPX), Boyd Gaming Corporation (NYSE:BYD)
- MSDC Management
Hedge Fund Managers: Marc Lisker, Glenn Fuhrman, and John Phelan
Portfolio Value: $1,239,734,000
Top Three Investments: Macquarie Infrastructure Corp (NYSE:MIC); Northstar Asset Management Group Inc., now a unit of Colony NorthStar Inc (NYSE:CLNS); Nexstar Media Group Inc (NASDAQ:NXST)
tcly / shutterstock.com
- Fairholme (FAIRX)
Hedge Fund Manager: Bruce Berkowitz
Portfolio Value: $1,248,571,000
Top Three Investments: St. Joe Co (NYSE:JOE), Sears Holdings Corp (NASDAQ:SHLD), Seritage Growth Properties (NYSE:SRG)
- MHR Fund Management
Hedge Fund Manager: Mark Rachesky
Portfolio Value: $1,414,831,000
Top Three Investments: Lions Gate Entertainment Corp. (USA) (NYSE:LGF), Navistar International Corp (NYSE:NAV), Loral Space & Communications Ltd. (NASDAQ:LORL)
- Bridger Management
Hedge Fund Manager: Roberto Mignone
Portfolio Value: $1,484,054,000
Top Three Investments: MGM Resorts International (NYSE:MGM), Biogen Inc (NASDAQ:BIIB), The Medicines Company (NASDAQ:MDCO)
- Three Bays Capital
Hedge Fund Manager: Matthew Sidman
Portfolio Value: $1,505,858,000
Top Three Investments: Churchill Downs, Inc. (NASDAQ:CHDN), VanEck Vectors ETF Trust (Put option), iShares Trust (NYSEARCA:IEFA) (Put option)
- Altimeter Capital Management
Hedge Fund Manager: Brad Gerstner
Portfolio Value: $1,520,176,000
Top Three Investments: United Continental Holdings Inc (NYSE:UAL), Expedia Inc (NASDAQ:EXPE), Tableau Software Inc (NYSE:DATA)
Ronnie Chua / Shutterstock.com
- Glenhill Advisors
Hedge Fund Manager: Glenn J. Krevlin
Portfolio Value: $1,664,455,000
Top Three Investments: Starwood Property Trust, Inc. (NYSE:STWD), Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), Houghton Mifflin Harcourt Co (NASDAQ:HMHC)
- Basswood Capital
Hedge Fund Manager: Matthew Lindenbaum
Portfolio Value: $1,846,166,000 (as of March 31, 2016)
Top Three Investments: Citizens Financial Group Inc (NYSE:CFG), Wells Fargo & Co (NYSE:WFC), Regions Financial Corp (NYSE:RF)
Rob Wilson / Shutterstock.com
- Sachem Head Capital
Activist Hedge Fund Manager: Scott Ferguson
Portfolio Value: $2,025,454,000
Top Three Investments: Autodesk, Inc. (NASDAQ:ADSK), Charter Communications, Inc. (NASDAQ:CHTR), CDK Global Inc (NASDAQ:CDK)
Concept Photo/Shutterstock.com
- Clinton Group
Hedge Fund Manager: George Hall
Portfolio Value: $2,135,502,000
Top Three Investments: General Electric Company (NYSE:GE), Goldman Sachs Group Inc (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM)
- Deerfield Management
Hedge Fund Manager: James E. Flynn
Portfolio Value: $2,150,133,000
Top Three Investments: GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH), Portola Pharmaceuticals Inc (NASDAQ:PTLA), Horizon Pharma PLC (NASDAQ:HZNP)
- Owl Creek Asset Management
Hedge Fund Manager: Jeffrey Altman
Portfolio Value: $2,309,681,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Yahoo! Inc. (NASDAQ:YHOO), HCA Holdings Inc (NYSE:HCA)
- Fir Tree
Hedge Fund Manager: Jeffrey Tannenbaum
Portfolio Value: $2,336,738,000
Top Three Investments: CDK Global Inc (NASDAQ:CDK), Yahoo! Inc. (NASDAQ:YHOO), Equinix, Inc. (NASDAQ:EQIX)
- Whitebox Advisors
Hedge Fund Manager: Andy Redleaf
Portfolio Value: $2,397,385,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Yahoo! Inc. (NASDAQ:YHOO), Par Pacific Holdings, Inc. (NYSEMKT:PARR)
- Huber Capital Management
Hedge Fund Manager: Joe Huber
Portfolio Value: $2,490,772,000
Top Three Investments: KBR, Inc. (NYSE:KBR), CNO Financial Group Inc (NYSE:CNO), Tupperware Brands Corporation (NYSE:TUP)
- QVT Financial
Hedge Fund Manager: Daniel Gold
Portfolio Value: $2,652,691,000
Top Three Investments: Axovant Sciences Ltd (NYSE:AXON), SPDR Series Trust (Put option), Microchip Technology Inc. (NASDAQ:MCHP) (Bond option)
- Blue Harbour Group
Activist Hedge Fund Manager: Clifton Robbins
Portfolio Value: $2,702,669,000
Top Three Investments: Xilinx, Inc. (NASDAQ:XLNX), BWX Technologies Inc (NYSE:BWXT), Investors Bancorp, Inc. (NASDAQ:ISBC)
- Gates Capital Management
Hedge Fund Manager: Jeffrey Gates
Portfolio Value: $2,777,919,000
Top Three Investments: iShares Trust (NYSEARCA:IEFA) (Put option), Darling Ingredients Inc (NYSE:DAR), Materials Select Sector SPDR (NYSEARCA:XLB) (Put option)
wk1003mike/Shutterstock.com
- Sprott Asset Management
Hedge Fund Manager: Eric Sprott
Portfolio Value: $2,826,224,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY), Discover Financial Services (NYSE:DFS), Agnico Eagle Mines Ltd (USA) (NYSE:AEM)
Pushish Images/Shutterstock.com
- Caxton Associates LP
Hedge Fund Manager: Bruce Kovner
Portfolio Value: $2,957,389,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Call option), iShares Trust (NYSEARCA:IEFA) (Put option), Materials Select Sector SPDR (NYSEARCA:XLB)
- Driehaus Capital
Hedge Fund Manager: Richard Driehaus
Portfolio Value: $2,959,021,000
Top Three Investments: Gaming and Leisure Properties Inc (NASDAQ:GLPI), Alibaba Group Holding Ltd (NYSE:BABA), TiVo Corp (NASDAQ:TIVO)
- Omega Advisors
Hedge Fund Manager: Leon Cooperman
Portfolio Value: $3,240,534,000
Top Three Investments: First Data Corp (NYSE:FDC), Navisite Inc, a unit of Charter Communications, Inc. (NASDAQ:CHTR), AerCap Holdings N.V. (NYSE:AER)
- Highland Capital Management
Hedge Fund Manager: James Dondero
Portfolio Value: $3,271,601,000
Top Three Investments: iShares Trust (NYSEARCA:IEFA) (Put option), SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put and Call options), Abbott Laboratories (NYSE:ABT) (Call option)
Courtesy of Abbott Labs
- International Value Advisors
Hedge Fund Manager: Charles de Vaulx
Portfolio Value: $3,383,879,000
Top Three Investments: Berkshire Hathaway Inc. (NYSE:BRK.A), News Corp (NASDAQ:NWSA), iShares Gold Trust (ETF) (NYSEARCA:IAU)
- Luxor Capital Group
Hedge Fund Manager: Christian Leone
Portfolio Value: $3,555,969,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Call option), Materials Select Sector SPDR (NYSEARCA:XLB) (Put option), GrubHub Inc (NYSE:GRUB)
- Horizon Asset Management
Hedge Fund Manager: Murray Stahl
Portfolio Value: $3,572,701,000
Top Three Investments: Texas Pacific Land Trust (NYSE:TPL), Howard Hughes Corp (NYSE:HHC), Icahn Enterprises LP (NASDAQ:IEP)
- Starboard Value LP
Activist Hedge Fund Manager: Jeffrey Smith
Portfolio Value: $3,677,935,000
Top Three Investments: Perrigo Company plc (NYSE:PRGO), Yahoo! Inc. (NASDAQ:YHOO), Marvell Technology Group Ltd. (NASDAQ:MRVL)
- Blue Mountain Capital
Hedge Fund Managers: Andrew Feldstein and Stephen Siderow
Portfolio Value: $4,370,513,000
Top Three Investments: American Express Company (NYSE:AXP) (Call option), Symantec Corporation (NASDAQ:SYMC), Humana Inc (NYSE:HUM) (Call option)
- Appaloosa Management LP
Hedge Fund Manager: David Tepper
Portfolio Value: $4,403,698,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Energy Transfer Partners LP (NYSE:ETP), Google Inc., now a unit of Alphabet Inc (NASDAQ:GOOGL)
- Hillhouse Capital Management
Hedge Fund Manager: Lei Zhang
Portfolio Value: $4,896,083,000
Top Three Investments: JD.Com Inc (ADR) (NASDAQ:JD), Mondelez International Inc (NASDAQ:MDLZ), 58.com Inc (ADR) (NYSE:WUBA)
- Tourbillon Capital Partners
Hedge Fund Manager: Jason Karp
Portfolio Value: $4,900,526,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Post Holdings Inc (NYSE:POST), DISH Network Corp (NASDAQ:DISH)
- Greenlight Capital
Hedge Fund Manager: David Einhorn
Portfolio Value: $5,231,519,000
Top Three Investments: Apple Inc. (NASDAQ:AAPL), General Motors Company (NYSE:GM), AerCap Holdings N.V. (NYSE:AER)
- Corvex Capital
Activist Hedge Fund Manager: Keith Meister
Portfolio Value: $5,338,908,000
Top Three Investments: Yum! Brands, Inc. (NYSE:YUM), Williams Companies Inc (NYSE:WMB), Signet Jewelers Ltd. (NYSE:SIG)
- Pershing Square
Activist Hedge Fund Manager: Bill Ackman
Portfolio Value: $5,412,894,000
Top Three Investments: Restaurant Brands International Inc (NYSE:QSR), Mondelez International Inc (NASDAQ:MDLZ), Air Products & Chemicals, Inc. (NYSE:APD)
- Scopia Capital
Hedge Fund Managers: Matt Sirovich and Jeremy Mindich
Portfolio Value: $5,669,398,000
Top Three Investments: Spirit AeroSystems Holdings, Inc. (NYSE:SPR), United Therapeutics Corporation (NASDAQ:UTHR), Forest City Realty Trust Inc (NYSE:FCE.A)
- SPO Advisory Corp
Hedge Fund Manager: John H. Scully
Portfolio Value: $5,701,021,000
Top Three Investments: Pioneer Natural Resources (NYSE:PXD), Charter Communications, Inc. (NASDAQ:CHTR), Liberty Global plc (NASDAQ:LBTYA)
- JANA Partners
Activist Hedge Fund Manager: Barry Rosenstein
Portfolio Value: $5,710,408,000
Top Three Investments: Conagra Brands Inc (NYSE:CAG), SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Liberty Broadband Corp (NASDAQ:LBRDA)
- Eminence Capital
Hedge Fund Manager: Ricky Sandler
Portfolio Value: $5,987,767,000
Top Three Investments: Autodesk, Inc. (NASDAQ:ADSK), Humana Inc (NYSE:HUM), ARRIS International plc (NASDAQ:ARRS)
- Magnetar Capital
Hedge Fund Managers: Alec Litowitz and Ross Laser
Portfolio Value: $6,456,196,000
Top Three Investments: iShares Trust (NYSEARCA:IEFA) (Put option); SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option); St Jude Medical Inc (NYSE:STJ), now a unit of Abbott Laboratories (NYSE:ABT)
Copyright: sudok1 / 123RF Stock Photo
- PAR Capital Management
Hedge Fund Managers: Paul Reeder and Edward Shapiro
Portfolio Value: $6,924,907,000
Top Three Investments: United Continental Holdings Inc (NYSE:UAL), Expedia Inc (NASDAQ:EXPE), Delta Air Lines, Inc. (NYSE:DAL)
Chris Parypa Photography / Shutterstock.com
- Levin Capital Strategies
Hedge Fund Manager: John A. Levin
Portfolio Value: $6,799,317,000
Top Three Investments: Synchrony Financial (NYSE:SYF), Citigroup Inc (NYSE:C), Pfizer Inc. (NYSE:PFE)
Kiev.Victor / Shutterstock.com
- Baupost Group
Hedge Fund Manager: Seth Klarman
Portfolio Value: $7,036,211,000
Top Three Investments: Cheniere Energy, Inc. (NYSEMKT:LNG), ViaSat, Inc. (NASDAQ:VSAT), Synchrony Financial (NYSE:SYF)
- Oaktree Capital Management
Hedge Fund Manager: Howard Marks
Portfolio Value: $7,708,914,000
Top Three Investments: AdvancePierre Foods Holdings Inc (NYSE:APFH), Sorl Auto Parts, Inc. (NASDAQ:SORL) (Call option), Tribune Media Co (NYSE:TRCO)
- Carlson Capital
Hedge Fund Manager: Clint Carlson
Portfolio Value: $7,894,755,000
Top Three Investments: LinkedIn Corp (NYSE:LNKD), now owned by Microsoft Corporation (NASDAQ:MSFT); St Jude Medical Inc (NYSE:STJ), now a unit of Abbott Laboratories (NYSE:ABT); Bunge Ltd (NYSE:BG)
- OrbiMed Advisors
Hedge Fund Manager: Samuel Isaly
Portfolio Value: $8,780,843,000
Top Three Investments: Biogen Inc (NASDAQ:BIIB), Boston Scientific Corporation (NYSE:BSX), Amgen, Inc. (NASDAQ:AMGN)
- Paulson & Co.
Hedge Fund Manager: John Paulson
Portfolio Value: $9,226,595,000
Top Three Investments: Shire PLC (ADR) (NASDAQ:SHPG), Allergan plc (NYSE:AGN), Mylan N.V. (NASDAQ:MYL)
- Trian Partners
Activist Hedge Fund Manager: Nelson Peltz
Portfolio Value: $10,384,557,000
Top Three Investments: General Electric Company (NYSE:GE), SYSCO Corporation (NYSE:SYY), Mondelez International Inc (NASDAQ:MDLZ)
- Pentwater Capital Management
Hedge Fund Manager: Matthew Halbower
Portfolio Value: $10,781,167,000
Top Three Investments: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (Put option), Procter & Gamble Co (NYSE:PG) (common stock and Put option), LinkedIn Corp (NYSE:LNKD), now owned by Microsoft Corporation (NASDAQ:MSFT)
Copyright: jetcityimage / 123RF Stock Photo
- Baker Bros. Advisors
Hedge Fund Managers: Julian Baker and Felix Baker
Portfolio Value: $11,019,928,000
Top Three Investments: Seattle Genetics, Inc. (NASDAQ:SGEN), Incyte Corporation (NASDAQ:INCY), AbbVie Inc (NYSE:ABBV)
- Select Equity Group
Hedge Fund Manager: Robert Joseph Caruso
Portfolio Value: $11,577,679,000
Top Three Investments: DENTSPLY SIRONA Inc (NASDAQ:XRAY), Signet Jewelers Ltd. (NYSE:SIG), Mohawk Industries, Inc. (NYSE:MHK)
- ValueAct Capital
Activist Hedge Fund Manager: Jeffrey Ubben
Portfolio Value: $11,491,045,000
Top Three Investments: Microsoft Corporation (NASDAQ:MSFT), Baker Hughes Incorporated (NYSE:BHI), Morgan Stanley (NYSE:MS)
- Third Point
Activist Hedge Fund Manager: Dan Loeb
Portfolio Value: $11,502,254,000
Top Three Investments: Baxter International Inc (NYSE:BAX), Dow Chemical Co (NYSE:DOW), Allergan plc (NYSE:AGN)
- First Pacific Advisors LLC
Hedge Fund Managers: Robert Rodriguez and Steven Romick
Portfolio Value: $12,053,677,000
Top Three Investments: Oracle Corporation (NYSE:ORCL), American International Group Inc (NYSE:AIG), United Technologies Corporation (NYSE:UTX)
Ken Wolter/shutterstock.com
- Elliott Management
Activist Hedge Fund Manager: Paul Singer
Portfolio Value: $12,249,909,000
Top Three Investments: PowerShares QQQ Trust Series 1 (ETF) (NASDAQ:QQQ), Hess Corp. (NYSE:HES), iShares Trust (NYSEARCA:IEFA) (Put option)
- Glenview Capital
Hedge Fund Manager: Larry Robbins
Portfolio Value: $13,981,715,000
Top Three Investments: Humana Inc (NYSE:HUM), HCA Holdings Inc (NYSE:HCA), CIGNA Corporation (NYSE:CI)
- GAMCO Investors
Hedge Fund Manager: Mario Gabelli
Portfolio Value: $15,373,495,000
Top Three Investments: Bank of New York Mellon Corp (NYSE:BK), Time Warner Inc (NYSE:TWX), Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP)
- Soroban Capital Partners
Hedge Fund Manager: Eric W. Mandelblatt
Portfolio Value: $16,490,628,000
Top Three Investments: Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) (common stock and Call option), Charter Communications, Inc. (NASDAQ:CHTR), Verizon Communications Inc. (NYSE:VZ)
- Icahn Capital
Activist Hedge Fund Manager: Carl Icahn
Portfolio Value: $19,804,653,000
Top Three Investments: Icahn Enterprises LP (NASDAQ:IEP), American International Group Inc (NYSE:AIG), Cheniere Energy, Inc. (NYSEMKT:LNG)
- Viking Global
Hedge Fund Manager: Andreas Halvorsen
Portfolio Value: $23,183,653,000
Top Three Investments: Amazon.com, Inc. (NASDAQ:AMZN), Facebook Inc (NASDAQ:FB), Google Inc., now a unit of Alphabet Inc (NASDAQ:GOOGL)
And that concludes our Top 140 Biggest and Most Famous Activist Hedge Funds list. We should once again note that this list used the 13F value of hedge funds that filed at least one 13D filing since the beginning of 2016. Some hedge funds are more activist than others. Most activist hedge funds in this list don’t have more than a couple of activist campaigns at the moment. We will probably work on another list of most active activist hedge funds in the next couple of months.
Disclosure: none
