Seymour Sy Kaufman and Michael Stark’s fund, Crosslink Capital, has reported the sale of 350,000 shares of Pandora Media Inc (NYSE:P), a new filing with the SEC showed. The shareholder disposed of the securities in one transaction at a price of $25.18 per share. Following the sale, Crosslink, which is a large shareholder of Pandora Media Inc (NYSE:P), owns more than 13.83 million shares of the company, down from 16.27 million shares reported in its latest 13F. Pandora Media Inc (NYSE:P) is a provider of Internet radio broadcast services in the US. Its stock price has declined by around 10% since the…
Author: Alex Oleinic
Morgan Stanley (NYSE:MS) has recently reported ownership of around 3.74 million shares of SINA Corp (NASDAQ:SINA), a $3.0 billion China-based company. The financial services giant currently holds almost 6% of SINA Corp (NASDAQ:SINA)’s outstanding stock. In its latest 13F filing, Morgan Stanley (NYSE:MS) revealed holding some 345,100 shares of the company. SINA Corp (NASDAQ:SINA) is engaged in online media, operating several platforms specialized in delivering professional and user-generated content to China, as well as global Chinese communities. Among the shareholders of SINA Corp is also Kerr Neilson’s Platinum Asset Management, which reported a $263.2 million stake containing 4.36 million shares, and Steven Cohen’s SAC Capital with 864,200 shares,…
In the micro cap company Network-1 Technologies Inc (OTCMKTS:NTIP), Hound Partners, led by Jonathan Auerbach, has recently reported ownership of 1.0 million shares. The stake held by the fund is passive by nature and amasses 3.9% of the company’s stock. In an earlier filing, Jonathan Auerbach’s fund’s position contained 1.50 million shares of Network-1 Technologies Inc (OTCMKTS:NTIP), equal to 5.78% of the outstanding stock. Network-1 Technologies Inc (OTCMKTS:NTIP) is engaged in purchasing, development, licensing and protection of the intellectual property. Another shareholder of the company Douglass Wnthrop Advisors, LLC, which in its latest 13F filing reported holding a small stake in the company, which contained just 15,100…
Mitsui & Co. has reported cutting its passive stake in Boingo Wireless Inc (NASDAQ:WIFI). The shareholder reduced its exposure to the company down to 609,500 shares, versus more than 1.89 million held earlier. Following the decrease, the firm owns 1.7% of Boingo Wireless Inc (NASDAQ:WIFI)’s common stock, versus 5.3% held earlier. Boingo Wireless Inc (NASDAQ:WIFI) is a small cap company that provides mobile Internet through Wi-Fi networks, and its stock gained around 9% since the beginning of the year. Louis Bacon’s Moore Global Investments is a fund with a significant stake in Boingo Wireless Inc (NASDAQ:WIFI), reporting ownership of 2.81 million shares in its latest 13F…
Billionaire Steven Cohen’s Point72 Asset Management revealed a passive stake in DSW Inc. (NYSE:DSW), a $2.3 billion retailer. Mr. Cohen’s stake amasses 4.72 million class A shares of the company, which are equal to 5.7% of the outstanding stock. Point72, is Cohen’s new fund, after his previous firm, SAC Capital Advisors was involved in a loud insider trading case, which resulted in trial of two of its portfolio managers. SAC Capital held 1.22 million shares of DSW Inc. (NYSE:DSW) at the end of March, the stake being surged by over 1,600% on the quarter. John Lykouretzos’ Hoplite Capital Management has more than doubled…
Youku Tudou Inc (ADR) (NYSE:YOKU) has recently got another shareholder, Ali YK Investment Holding Ltd, which recently reported ownership of 23.4% of the company’s outstanding class A shares. The stake held by Ali YK Investment Holding contains a total of 720.12 million class A shares. The stake is activist by nature. Youku Tudou Inc (ADR) (NYSE:YOKU) is a $3.70 billion Internet TV company headquartered in China. Its stock has dropped by over 30% year-to-date, which however did not scare other shareholders, many of which have raised their stakes in the company. Kerr Neilson’s Platinum Asset Management, in its latest 13F, reported ownership of 9.64…
Jeffrey Smith’s Starboard Value has reduced its exposure to Calgon Carbon Corporation (NYSE:CCC), as a new filing with the SEC shows. Starboard reported holding 2.59 million shares of Calgon Carbon Corporation (NYSE:CCC), the stake amassing 4.9% of the outstanding stock. Earlier, the fund’s position contained 3.25 million shares, equal to 6.0% of the common stock. Starboard’s stake in Calgon Carbon is activist by nature. The stock of the $1.14 billion Calgon Carbon Corporation (NYSE:CCC), which is engaged in production of activated carbon, has edged up by 4% since the beginning of the year. While Jeff Smith reduced his fund’s holding in the company…
In a recent filing with the Securities and Exchange Commission, Datang Telecom Technology & Industry Holdings LTD revealed raising its stake in Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI). The investor currently owns over 6.65 million shares of Semiconductor Manufacturing, versus 6.14 million held earlier. Datang’s activist position in the $2.79 billion Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI) amasses 20.6% of the outstanding stock, up from 19.1% held previously. Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI) is an investment holding company, which through its subsidiaries is engaged in manufacturing and sale of integrated circuits and other semiconductor services. Jim Simons’ Renaissance Technologies is another shareholder of the company, owning 1.75 million…
Okumus Fund Management, led by Ahmet Okumus, has reported adding Lifelock Inc (NYSE:LOCK) to its equity portfolio. Mr. Okumus’ fund now owns a total of more than 8.01 million shares of the $1.03 billion market cap company. The passive stake amasses 8.7% of Lifelock Inc (NYSE:LOCK)’s common stock. Okumus Fund Management’s equity portfolio is actually concentrated around the Technology sector, which comprises over 90% of the $229.23 million equity portfolio, the largest holding being represented by AVG Technologies NV (NYSE:AVG), of which the fund owns 7.15 million shares, worth $149.9 million. Lifelock Inc (NYSE:LOCK) is engaged in identity theft protection services. Among…
Triumph Group Inc (NYSE:TGI) is a company that has been included in Alexander Roepers’ Atlantic Investment Management filing with the SEC. In the filing, Atlantic revealed upping its stake in Triumph Group to around 3.38 million shares, which represent 6.5% of the company’s outstanding stock. Earlier, Atlantic reported ownership of 2.81 million shares, equal to 5.4% of the outstanding stock. Overall, in the past couple of months, Alex Roepers has significantly upped his exposure to Triumph Group Inc (NYSE:TGI), his fund owning 2.18 million shares as of the end of March, up by almost a tenfold over the quarter. Andreas Halvorsen’s Viking Global is…
As a new filing with the Securities and Exchange Commission shows, Richard Mashaal’s Rima Senvest Management has further increased its stake in Radware Ltd. (NASDAQ:RDWR) to 4.59 million shares, from 4.44 million held earlier. In this way, Rima Senvest currently holds over 10% of Radware Ltd. (NASDAQ:RDWR)’s outstanding common stock. In fact, the fund has been continuously upping its position in Radware, earlier reporting 4.17 million shares held as of the end of March. In Rima Senvest’s equity portfolio, Radware Ltd. (NASDAQ:RDWR) represented the second largest position in terms of value. Eric Bannasch’s Cadian Capital is another shareholder of Radware Ltd. (NASDAQ:RDWR), reporting ownership of 3.60 million…
Roystone Capital Partners, managed by Richard Barrera has recently upped its passive position in MDC Partners Inc (NASDAQ:MDCA), a $1.04 billion marketing communications services company. According to a filing with the Securities and Exchange Commission, Roystone currently owns over 2.88 million class A Subordinate Voting Shares, versus 2.16 million shares disclosed in its latest 13F filing. Following the increase, the fund’s stake amasses 5.7% of the total amount of class A Subordinate Voting Shares of MDC Partners Inc (NASDAQ:MDCA). During the first quarter of the year, Roystone has boosted its holding of MDC Partners Inc (NASDAQ:MDCA) shares by almost 60%. Among other investors…