Hedge Funds Bet On Housing, Cohen Bids For LA Dodgers, David Nadel’s Outlook
Hedge funds run by Caxton Associates LP, SAC Capital Advisors LP, Avenue Capital and Blackstone Group LP have been buying housing-related investments, betting on a rebound.
Author Archive - Bob Luochang Yu
Shah Capital Management Reported 10.31% Activist Stake In $QXM, Letter To The Board
Shah Capital Management amended its stake in Qiao Xing Mobile Communication Co., Ltd. (QXM) today.
Hedge Funds Suffer Losses After Molycorp Was Downgraded By JPM
Molycorp, Inc. (MCP) slides more than 13% today after the company had its price target lowered by JPMorgan Chase & Co. from $57.00 to $39.00.
Insider Trading: Tom Brown Bought More Primus Guaranty
Tom Brown and his Second Curve Capital continued buying Primus Guaranty Ltd (PRSG).
Insider Trading: Attara Capital Sold 182 Thousand Shares Of $LGDI
Attara Capital, managed by David Slager and Nat Rothschild, recently made two small insider sales in Legend International Holdings Inc. (LGDI).
Sears’ Mismanagement, Gold Left Pain, MF’s Bankruptcy Claims
When Kmart acquired Sears (SHLD) in 2005, Chairman Edward Lampert said the new company would have the geographic reach and scale to compete with Wal-Mart Stores Inc.
Afternoon Aggregate News: Berkowitz Loses Big On Sears, Owl Creek Falls 13%
Bruce Berkowitz, whose $8 billion Fairholme Fund is suffering its second-worst year on record because of wrong-way bets on financial firms, may have lost about $190 million today...
Peter Kolchinsky’s RA Capital Management Raised Stake In Endocyte $ECYT
Peter Kolchinsky’s RA Capital Management reported 7.32% passive stake in Endocyte Inc. (ECYT).
Hedge Funds Lose Big After Sears Drops 24%
Sears Holdings Corp (SHLD) plunged today after the company disclosed its Q4 EBITDA guidance.
Daniel Gold’s QVT Financial Raised Stake In $OREX
Daniel Gold’s QVT Financial discloses that it now has 5.29 million shares in Orexigen Therapeutics, Inc. (OREX), corresponding to a 9.82% passive stake.
Trey Reik’s Bristol Investment Partners Raised Serious Concerns About Jaguar Mining Inc.
Trey Reik’s Bristol Investment Partners changed its previous passive stake ownership in Jaguar Mining Inc. (JAG) into activist on December 20th.
Eric Rosenfeld’s Crescendo Partners Reported 3.8% Activist Stake In $CHRS
Eric Rosenfeld’s Crescendo Partners recently amended its position in Charming Shoppes Inc. (CHRS).
Nelson Obus’ Wynnefield Capital Reported 25% Activist Stake In $MAMS
Nelson Obus’ Wynnefield Capital reported its 25% activist stake in Mam Software Group, Inc.
Jim Chaos And Dan Loeb’s Lawuit, SEC After Hedge Funds, Jim Roger And Seth Klarman’s Interview
James Chanos’ Kynikos Associates LP and Daniel Loeb’s Third Point LLC won dismissal from an $8 billion lawsuit accusing the two hedge funds of spreading negative information...
Insider Trading: WL Ross & Co Bought Shares In $XCO
Wilbur Ross’s Invesco Private Capital (WL Ross & Co) recently reported its insider purchases in Exco Resources Inc. (XCO).
10 Best Stocks For 2012 By Merrill Lynch
Earlier this month Bank of America/Merrill Lynch (BAC) strategist Savita Subramanian prepared a list of Merrill Lynch’s 10 favorite stocks for 2012.
Ranjan Tandon’s Libra Advisors Cut Stake In Eternal Energy $EERG
Ranjan Tandon’s Libra Advisors reported its 2.8% passive stake in Eternal Energy Corp. (EERG) on December 22.
Paulson Down In December, Falconce Rejected SEC Offer
There will be no holiday cheer for hedge fund manager John Paulson this month, as his dismal performance in 2011 is capped off by another miserable performance so far in December...
Phil Falcone Rejected The SEC Offer To End His Career
Phil Falcone rejected a SEC settlement offer that would have "banned him from the securities industry and essentially ended his career", according to WSJ. (more…)
Clint Carlson’s Carlson Capital Reported 7.16 Million Shares Ownership In $SRZ
Clint Carlson’s Carlson Capital disclosed on December 21th that it now has 7.16 million shares in Sunrise Senior Living Inc. (SRZ).
Hedge Funds Gain After First Solar Rallies
First Solar, Inc. (FSLR) rallies today after Bloomberg suggested that the company could be takeover target for GE or Siemens.
Eric Bannasch’s Cadian Capital Management Reported 5.22% Passive Stake in $LTXC
Eric Bannasch’s Cadian Capital Management revealed its 5.22% passive stake in LTX-Credence Corp (LTXC) on December 21st.
Insider Trading: Ken Griffin’s Citadel Advisors Bought $ETCF
Ken Griffin’s Citadel Advisors bought 1,975 shares in E Trade Financial Corp (ETCF), according to a SEC insider trading disclosure on December 21st.
Insider Trading: Kenneth Mario Garschina’s Mason Capital Management Bought 409 Thousand Shares In $BWC
Kenneth Mario Garschina’s Mason Capital Management bought 409 thousand shares in Babcock & Wilcox Co (BWC) on December 15 and 16, according to a recent regulatory filing.
Insider Trading: Tom Brown’s Second Curve Capital Bought 105 Thousand Shares In Primus Guaranty
Tom Brown’s Second Curve Capital continued trading shares in Primus Guaranty Ltd (PRSG).
Ken Fisher Loses More Than $80 Million After $ORCL Drops More Than 13%
Oracle Corp (ORCL) slumps after the company reported its results for the second quarter.
Insider Trading: Thomas E. Claugus’ GMT Capital Bought 85,400 Shares In $ENTG
Thomas E. Claugus’ GMT Capital today disclosed its recent insider purchases of 85,400 shares in Entegris Inc. (ENTG).
Edward Lampert’s ESL Investments Disclosed 22.7% Activist Stake In Autozone $AZO
Edward Lampert’s ESL Investments filed 22.7% activist stake in Autozone Inc. (AZO) today, after the firm sold about 422 thousand shares from December 16 to 20.
Insider Trading: Iroquois Capital Management Keeps Selling $VRNG
Iroquois Capital Management made further insider sales in Vringo Inc. (VRNG) on December 19 and 20.
Hedge Fund Down 4.45% On Average, December Redemptions At Normal, Mudd Steps Down
More clients asked for their money back from hedge funds in December than in the rest of 2011, in line with the traditional year-end evaluation of funds' performance after a year...
Afternoon Aggregate News: David Einhorn’s “Big Short”, Amaranth’s $77.1 Million Settlement
Hedge fund manager David Einhorn is taking an even harder line against Green Mountain Coffee Roasters (GMCR.O), his big short trade, claiming a recent audit committee review of...
Hedge Funds Make Tons Of Money After CVS Boosted Dividend
CVS Caremark Corporation (CVS) surges 7.66% at 11:47AM EST on Tuesday after the company revealed it would boost its quarterly dividend by about 30%.
John Paulson Filed Initial Statement Of Ownership In Delphi Automotive
John Paulson’s Paulson & Co filed initial statement of beneficial ownership in Delphi Automotive PLC (DLPH) yesterday regarding the stock’s IPO in November.
Insider Trading: Bandera Partners Bought 20 Thousand Shares In Ambassadors Group $EPAX
Bandera Partners yesterday revealed its recent insider purchases of nearly 20 thousand shares in Ambassadors Group Inc. (EPAX).
Insider Trading: Geoffrey Raynor’s Q Investments Sold 64 Thousand Shares In Cedar Fair
Geoffrey Raynor’s Q Investments (Scepter Holdings) revealed its insider transactions in Cedar Fair L P (FUN) on December 19th.
FBI Runs ‘Perfect Hedge’, Hedge Funds’ Concerns Rise In China
The two men, head of securities and commodities fraud units at the New York office, faced a dilemma.
Insider Trading: Iroquois Capital Management Sold 1,800 Shares In $VRNG
Iroquois Capital Management disclosed its recent insider sales in Vringo Inc. (VRNG) yesterday.
Jeffrey Altman’s Owl Creek Asset Management Concerns Navistar’s Potential Merger
Jeffrey Altman’s Owl Creek Asset Management files an SEC disclosure today regarding its recent issue with the management team of Navistar International Corp (NAV).
Hedge Funds Lose Big After United States Steel Corp Dropped 7.62%
United States Steel Corporation (X) dropped $7.62% at 3:28PM EST on Monday following other steel stocks.
Brian Taylor’s Pine River Capital Invested In SCG Financial Acquisition Corp
Brian Taylor’s Pine River Capital disclosed its new position in SCG Financial Acquisition Corp (SCGQU) today.
Insider Trading: Tom Brown’s Second Curve Capital Bought 10 Thousand Shares In $PRS
Tom Brown’s Second Curve Capital today reported its insider trading in Primus Guaranty Ltd (PRS).
Bulldog Investors Bought More $TYW
Andrew Dakos and Phillip Goldstein’s Bulldog Investors reports today that it now has 1.55 million shares, or 10.06% activist stake in TS&W / Claymore Tax-Advantaged Balanced...
Insider Trading: Oaktree Capital Management Bought 2 Million Shares In $XCO
Howard Marks’ Oaktree Capital Management disclosed on Friday for its recent insider transactions in Exco Resources Inc. (XCO).
Trey Reik’s Bristol Investment Partners Raised Stake In Jaguar Mining $JAG
Trey Reik’s Bristol Investment Partners (BI Partners) recently announced its 8.5% passive stake in Jaguar Mining Inc. (JAG).
Mount Kellett Capital Requests Baja Mining Corp To Change Directors
Mount Kellett Capital Management disclosed on December 16th that it has requisitioned a meeting of the shareholders of Baja Mining Corp (BAJ.TO).
Martin Whitman’s Third Avenue Management Fourth Quarter Shareholder Letter
Martin Whitman, a famous American investment adviser who founded Third Avenue Management, recently sent out his fourth quarter shareholder letter.
4Q2011ShareholderLetter
Soros Lays Off Managers, Hedge Funds’ Tough Year, SEC Charges Fortress Executive
Soros Fund Management, the investment company of billionaire George Soros, has laid off a handful of analysts and portfolio managers in recent months.
