Top 5 Stock Picks of John Bader’s Halcyon Asset Management

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1. Nuance Communications, Inc. (NASDAQ:NUAN)

Halcyon Asset Management’s Stake Value: $33.99 million

 Percentage of Halcyon Asset Management’s 13F Portfolio: 5.49%

 Number of Hedge Fund Holders: 61

Nuance Communications, Inc. (NASDAQ:NUAN) is a multinational corporation with computer software technology as its core business. In April 2021, Microsoft Corporation (NASDAQ:MSFT) announced that it will buy Nuance Communications, Inc. (NASDAQ:NUAN) for $19.7 billion.

Matthew Halbower’s Pentwater Capital Management holds the most significant stake in Nuance Communications, Inc. (NASDAQ:NUAN), with 17.565 million shares worth $9.66 million.

Artisan Partners mentioned Nuance Communications, Inc. (NASDAQ:NUAN) in their ‘Artisan Mid Cap Fund’ second quarter 2021 investor letter. Here is what the firm said:

“We ended our campaign in Nuance Communications. Nuance Communications is a leader in automated voice transcription technologies enabling physicians to document patient encounters more efficiently, accurately, and consistently. We believe the company’s DAX product is in the very early stages of its launch with a meaningful profit cycle opportunity ahead. However, the company announced early in Q2 it was being acquired by Microsoft. Thus, we harvested our GardenSM position.”

You can also take a peek at Yale University Stock Portfolio: Top 10 Picks and Top 10 Stock Picks of Brandon Osten’s Venator Capital Management.

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