Ralph V. Whitworth‘s Relational Investors continues its streak of trimming its activist stake in SPX Corporation (NYSE:SPW), as the fund cut its stake by approximately 740,000 shares down to about 4.29 million shares, according to a recent filing with the Securities and Exchange Commission. Meanwhile, the fund also issued a filing to inform about the resignation of Mr. Henry W. (Jay) Winship, a principal of Relational Investors LLC on 11th March, from Esterline Technologies Corporation (NYSE:ESL)‘s board. Whitworth’s fund holds 2.48 million shares of Esterline valued at $271.85 million, as of the latest 13F filing.
Ralph Whitworth is a well-known activist investor, who after acquiring a significant stake in the troubled companies jumps on their board. Rather than proxy fights he is more interested in engaging the board and management and resolve incompetencies surrounding their corporate governance. Backed by sound research, he will highlight the troubled spots of a company, but his refined style doesn’t entail arguing about strategy, or business plans. However, he will publicly hold the board and the CEO accountable for poor decisions including corporate compensation, acquisitions or corporate misconduct. Whitworth has now been battling throat cancer, and has taken a leave of absence while his fund continues to unwind some of his holdings, while not initiating any new positions. News about the fund’s dissolution plans also surfaced in November last year. The market value of Relational’s portfolio stood at $2.78 billion at the end of the fourth quarter, as compared to $4.06 billion a quarter earlier. With top 10 holdings constituting 98.97% of the portfolio value, the fund is not very big on diversity. Relational’s top two holdings remain Mondelez International Inc (NASDAQ:MDLZ) and Bunge Ltd (NYSE:BG).
If an investor wholeheartedly believes in the capabilities of money managers like Whitworth, they might follow his picks as he submits filings after acquiring a significant stake in companies. However, generally following the most popular stocks among hedge funds isn’t the most rewarding strategy. The reason being that the real edge that hedge funds have isn’t in picking large-cap stocks, but the small cap companies. We have been sharing these picks since August 2012 in our newsletter, and they have significantly outperformed the market. Our small-cap hedge fund strategy beat the S&P 500 ETF (SPY) by a staggering 76.7 percentage points since August 2012 through March 2015 and returned 132%.
Mondelez International Inc (NASDAQ:MDLZ) is Relational’s largest holding with about 12.47 million shares valued at $452.90 million, comprising of 16.29% of the fund’s portfolio value as of the latest 13F filing. Although the number of hedge funds invested in the company declined to 63 in the fourth quarter from 69 a quarter earlier, the aggregate amount invested increased to $6.75 billion from $6.47 billion. Nelson Peltz’s Trian partners held some 46.30 million shares valued at $1.68 million. Mondelez International Inc (NASDAQ:MDLZ) is trading almost the same level as a year ago.
With 4.95 million shares valued at $449.7 million Bunge Ltd (NYSE:BG) comprised 16.17% of Relational’s portfolio value and was the second largest holding at the end of 2014. Clint Carlson’s Carlson Capital reduced its stake in the agribusiness and food company by 29% to 1.22 million shares valued at $110.67 million during the fourth quarter. Bunge Ltd (NYSE:BG)’s posted lackluster fourth quarter financial results with an EPS of $1.2 missing the estimates by $1.31 and $13.9 billion revenues coming in $2.82 billion lighter than expected. Voaltility in the company’s oilseed businesses removed gains from bumber U.S. corn and soybean crops.
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
It’s the revolution reshaping every industry on the planet.
From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.
Here’s why this is the prime moment to jump on the AI bandwagon:
Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.
Imagine every sector, from healthcare to finance, infused with superhuman intelligence.
We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.
This isn’t a maybe – it’s an inevitability.
Early investors will be the ones positioned to ride the wave of this technological tsunami.
Ground Floor Opportunity: Remember the early days of the internet?
Those who saw the potential of tech giants back then are sitting pretty today.
AI is at a similar inflection point.
We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.
This is your chance to get in before the rockets take off!
Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.
AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.
The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.
As an investor, you want to be on the side of the winners, and AI is the winning ticket.
The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.
From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.
This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.
By investing in AI, you’re essentially backing the future.
The future is powered by artificial intelligence, and the time to invest is NOW.
Don’t be a spectator in this technological revolution.
Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.
This isn’t just about making money – it’s about being part of the future.
So, buckle up and get ready for the ride of your investment life!
Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)
The AI revolution is upon us, and savvy investors stand to make a fortune.
But with so many choices, how do you find the hidden gem – the company poised for explosive growth?
That’s where our expertise comes in.
We’ve got the answer, but there’s a twist…
Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.
That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!
Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.
This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.
It’s like having a race car on a go-kart track.
They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.
Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.
We want to make sure none of our valued readers miss out on this groundbreaking opportunity!
That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.
For a ridiculously low price of just $29.99, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!
Here’s why this is a deal you can’t afford to pass up:
• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
• Bonus Reports: Premium access to members-only fund manager video interviews
• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.
Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.
Here’s what to do next:
1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.99.
2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.
Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!
No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!
Trump’s $500B AI Investment: One Small Cap Stock With Big Potential in 2025
President Trump just announced a massive $500 billion investment into project “Stargate”, a joint venture between OpenAI, SoftBank, and Oracle to build artificial intelligence infrastructure within the United States over the next four years. (1) The AI frenzy is in full swing, but beneath the surface lays one critical piece with a massive opportunity for investors reading this now: Copper.
What does Trump’s $500B investment into AI infrastructure have to do with copper one may ask? Every AI data center requires 60,000 pounds of copper – equivalent to 30 tons … With 100-150 grams of copper per Nividia H100, This represents a 4-6x increase over traditional data centers.
Analysts at Goldman Sachs predict “AI will add 1 million metric tons of annual copper demand by 2030”. (2) Compounding on top of the already crippling Copper Deficit, AI Data Centres are set to add another 1 Million tons to the projected 10 million ton supply deficit looming in 2030. With no major new copper mines being developed, and one of the world’s largest copper mines recently going out of production (First Quantum’s Cobre Panama mine) (3), BHP has warned of a “critically constrained” market. Bloomberg analysts forecast that copper prices could exceed $12,000 per ton as shortages intensify (4).