Cathie Wood’s ARK Invest Sells Shares In 2 Manufacturers With Increasing Dividends (Benzinga)
For those invested in ARK Invest exchange-traded funds (ETFs) or growth stocks, it may be wise to venture out into value investments or reliable dividend-paying stocks. ARK Investment Management strategy specializes in thematic investing by providing long-term capital appreciation by investing in the leaders, enablers, and beneficiaries of disruptive innovation. So far, Cathie Wood’s flagship ARK Innovation ETF (ARKK) is down by at least 62% year-to-date and its ARK Autonomous Technology & Robotics ETF (ARKQ) which is down by more than 42% year-to-date.
Here’s Why Greenhaven Road Capital Sold Teladoc Health (TDOC) (Insider Monkey)
Greenhaven Road Capital, an investment management company, released its third-quarter 2022 investor letter. A copy of the same can be downloaded here. The fund declined in the third quarter, bringing the year-to-date returns to approximately -59%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022. Greenhaven Road Capital highlighted stocks like Teladoc Health, Inc. (NYSE:TDOC) in its third-quarter investor letter. Headquartered in Purchase, New York, Teladoc Health, Inc. (NYSE:TDOC) is a healthcare service provider. On November 25, 2022, Teladoc Health, Inc. (NYSE:TDOC) stock closed at $27.60 per share.
Commodity Hedge Funds Are Finally Back — and They Are Raking in Cash (Bloomberg)
After years out in the cold, investors are finally warming to commodity hedge funds again as wild price swings and talk of a new supercycle draw interest back to the sector. The top 15 commodity-focused hedge funds have increased their assets by 50% this year to $20.7 billion, according to preliminary data from Bridge Alternative Investments Inc. Some recent entrants have already closed to new investors, and big macro funds are hunting for talent as they beef up commodities teams.
Investment Manager Launches Blackrock-Backed MPS (Portfolio-Adviser.com)
Investment management firm 1OAK Capital is making a further foray into the retail investment space, as it launches a core-satellite managed portfolio service (MPS). The core of the MPS, to which 80% of the portfolio is dedicated, comprises 1OAK’s multi-asset funds. These funds utilise strategies and expertise from Blackrock, incorporating either the US giant’s asset allocation guidance, multi-asset funds, or ETFs.
Tuesday 11/29 Insider Buying Report: TDW, COSM (Nasdaq.com)
At Tidewater, a filing with the SEC revealed that on Monday, Director Robert Robotti bought 66,501 shares of TDW, for a cost of $30.05 each, for a total investment of $2M. Tidewater is trading up about 4.5% on the day Tuesday. Before this latest buy, Robotti bought TDW on 3 other occasions during the past twelve months, for a total cost of $22.23M at an average of $22.22 per share. And at Cosmos Holdings, there was insider buying on Monday, by Chief Executive Officer Grigorios Siokas who bought 801,261 shares at a cost of $0.62 each, for a total investment of $497,984. Before this latest buy, Siokas made one other purchase in the past twelve months, buying $1.5M shares for a cost of $0.12 each. Cosmos Holdings is trading up about 23.8% on the day Tuesday. So far Siokas is in the green, up about 35.1% on their purchase based on today’s trading high of $0.84.
Insiders Shed Apple, Amazon And This Retail Exposure (Benzinga)
Apple: The Trade: Apple Inc. (AAPL) Principal Accounting Officer Chris Kondo sold a total of 20,200 shares at an average price of $148.72. The insider received around $3 million from selling those shares. Amazon.com: The Trade: Amazon.com, Inc. (AMZN) CEO Worldwide Amazon Stores Douglas J Herrington sold a total of 7,456 shares at an average price of $94.00. The insider received around $700.86 thousand as a result of the transaction.
SEC Awards $20 Million to Whistleblower (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission has announced an award of $20 million to a whistleblower who provided new and critical information that led to the success of an enforcement action. In determining the appropriate award amount, the SEC considered that the whistleblower provided significant information and continuing assistance that helped Enforcement Division staff more quickly and efficiently investigate complex issues. “Today’s whistleblower played a crucial role in the ultimate success of the enforcement proceeding,” said Creola Kelly, Chief of the SEC’s Office of the Whistleblower. “Whistleblowers can help advance existing investigations in meaningful ways when their information saves the agency time and resources, and when their contributions allow SEC staff to better understand complicated issues.”
