Silver as an investment

Category Archives: Trian

Proctor & Gamble Concedes Proxy Fight, Names Nelson Peltz To Board

Two months after narrowly losing a proxy vote that would have granted him a seat on Proctor & Gamble’s board, Trian’s Nelson Peltz has somehow managed to win a crucial battle in the largest and most expensive corporate proxy battle in modern history. To wit, the consumer-products giant announced Friday that it would add Peltz […]

General Electric Plunges 5% After Slashing Earnings Guidance

While it may not have slashed its dividend, yet, General Electric shares plunged 5% in the pre-market after the company cut its 2017 profit forecast while its new CEO grapples with one of the deepest slumps in the iconic US manufacturer’s history. The company reported that adjusted earnings this year are expected to be only […]

P&G Stock Slumps As Peltz Loses Proxy Fight; Trian Demands Recount

Procter & Gamble stock price is sliding, down over 2%, following news that Trian’s Nelson Peltz has lost his fight to be elected to the board. The largest and most expensive corporate proxy battle came to an end Tuesday with Procter & Gamble successfully fending off a campaign by the financier Nelson Peltz for a […]

Frontrunning: July 31

HSBC, miners lift European shares as dollar holds near lows (Reuters) Republicans Face Tough Choice: Repeal Obamacare or Cut Taxes (BBG) Trump’s Decisions Deepen Divide Among Republicans (WSJ) Koch Brothers Move to Back White House’s Tax-Cut Plan (BBG) Maduro Waits for U.S. Response After Violent Venezuela Vote (BBG) OPEC Has a Crippling Problem: Its Members […]

What Hedge Funds Bought And Sold In Q2: The Full 13-F Summary

Today is the deadline for hedge funds to submit their Q2 13-F filings. Among the more notable changes was the previously reported 55% increase in Warren Buffett's Apple shares, offset by the cut in his Wal-Mart stake; Elliott's addition to stakes in security firms Qualys, Fortinet, CyberArk; ValueAct's new stakes in Morgan Stanley, Seagate; Tiger's […]

What The Biggest Hedge Funds Did In Q1: The Full 13-F Summary

While far less attention is being paid to hedge fund 13F filings, which show a stale representation of equity long stakes among the hedge fund community as of 45 days prior, than in years gone by as a result of increasingly poor performance by the 2 and 20 crowd, they still remain closely watched source […]

The Best And Worst Performing Hedge Funds In 2016: All Hail The “Tulip Trend Fund”

With the S&P 500 set to go green for the year, the best and worst performing hedge funds of the year demonstrate that while the bulk of the marquee names continue to substantially underperfom the broader market, with Tiger, Pershing Square, Glenview and Trian standing out, there are quite a few names that have generated […]

What Hedge Funds Bought And Sold In Q4: The Full 13-F Summary

Yesterday was the last day for hedge funds to submit their Q4 13-F filings, and the biggest reactions this morning can be found in the stock of Kinder Morgan which rises 9% pre-mkt after Berkshire reported a new stake. Autodesk also gained 2% post-mkt yday after Lone Pine took a new position. Several funds boosted […]

Top Hedge Funds Dump Stocks In Q3: Complete 13-F Summary

While the drama that takes place every three months on the 15th of each February, May, August, and November when hedge funds release their long equity holdings disclosures in quarterly 13F filings for the quarter that ended 45 days earlier, is vastly overblown (simply because current holding periods for most speculators are far shorter), 13-F […]

Asia FX Soars On China Reserves Relief As Ringgit Reversal Catches Traders Wrong-Footed

While it’s far too early to know whether this is a dead cat bounce or a meaningful reversal, Asia EM FX got some much needed relief overnight as both the ringgit and rupiah staged strong rallies despite the fact that the macro picture still looks largely grim in the near- and medium-term.  Trade data came […]