Billionaire George Soros’ fund Soros Fund Management has recently reported trimming its large stake in Exar Corporation (NYSE:EXAR). The fund sold around 64,200 shares of the company in three transactions, at an average price of $10.96 a piece. Following the disposal, Mr. Soros’ fund holds over 4.79 million shares of Exar Corporation (NYSE:EXAR). In fact, it is not the first time, Mr. Soros decides to reduce his exposure to Exar Corporation (NYSE:EXAR). In its latest 13F filing, Soros Fund Management revealed holding some 4.96 million shares of the company as of the end of March, down by 985,700 shares in comparison with the…
Author: Alex Oleinic
In a recent appearance on CNBC, the Chief Executive Officer of Netflix, Inc. (NASDAQ:NFLX), Reed Hastings, has discussed about his company and his plans for the future. He stated that Netflix is currently working on its next original series, entitled “Orange is the New Black” and they are thinking about a new miniseries called “Carlos.” Mr. Hastings also said that currently the biggest threat for Netflix, Inc. (NASDAQ:NFLX) is the fact that they might get too comfortable. The company is doing well at the moment, and the team has to “keep pushing and find new things.” However, the CEO of Netflix…
Apple Inc. (NASDAQ:AAPL)’s acquisition of Beats Electronics has been a very mediated subject recently, and has sparked many interesting discussions. Of late, Toni Sacconaghi, a senior research analyst at Sanford C. Bernstein, in an appearance on CNBC, provided his opinion on Apple’s latest acquisition and what this investment means for the tech giant. Under the terms of the deal, Apple will pay $3.0 billion for Beats and the founders of the company, Dr. Dre and Jimmy Iovine will join Apple. Mr. Sacconaghi considers that the deal is worth its value, because consumer electronics is a represents a profitable business. Moreover,…
Richard Mashaal’s Rima Senvest Management is a part of Senvest Partners LP hedge fund. In its latest 13F, the fund revealed a $1.29 billion equity portfolio, consisting of around 100 positions. The filing also showed a diversified equity portfolio, which is focused primarily in Technology, Finance, Services and Healthcare stocks. Before we look at the largest holdings in Rima Senvest’s equity portfolio, we should mention that Senvest Partners is one of the most outstanding hedge funds according to Bloomberg. Back in 2013, seven of its top 20 holdings more than doubled in price, which helped the fund to gain an…
In a new filing with the Securities and Exchange Commission, Matthew Drapkin and Steven Becker’s fund Becker Drapkin Management reported raising its exposure to the small cap company Intevac, Inc. (NASDAQ:IVAC). The fund reported ownership of over 1.20 million shares of the company, versus around 1.08 million held earlier. Following the increase, Becker Drapkin’s activist stake amasses 5.0% of the company’s outstanding common stock. In addition, the filing revealed that Becker Drapkin acquired shares of Intevac, Inc. (NASDAQ:IVAC) because they consider the stock is undervalued. Moreover, in December, the fund and the company entered into a Standstill agreement, under the terms of which, Mr.…
Google Inc (NASDAQ:GOOGL), Microsoft Corporation (NASDAQ:MSFT), and Apple Inc. (NASDAQ:AAPL) have been very popular among hedge funds over the past few years. Hedge funds are done with disclosing their long equity US portfolios. Insider Monkey analyzed the equity portfolios of over 640 hedge funds and selected the 5 most popular stocks at the end of March. Their research shows that most popular small cap stocks outperformed the market by 18 percentage points between 1999 and 2009 (check out the details here). In the last 21 months these stocks also managed to beat the S&P 500 by more than 42 percentage points. The most popular stocks…
In a recent program on CNBC, the CEO of SumZero investment firm and the co-founder of ConnectU social networking website, Divya Narendra provided his insights on the technology sector and several popular technology stocks. He considers that so far, this year has been somehow variable for the tech companies and there has been a spread among the top companies on the market. However, two of the technology leaders in Narendra’s opinion, in which investors can put their money with certainty are Facebook Inc (NASDAQ:FB) and Google Inc (NASDAQ:GOOGL). Moreover, Mr. Narendra provided his opinion about Twitter Inc (NYSE:TWTR), of which he is…
Usually, Apple Inc (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) are two some of the most popular companies that make the headlines pretty often following various announcements that might interest their clients. Of late, Facebook, the operator of the world’s largest Internet networking platform, has reported some changes related to its users’ privacy, and Apple Inc (NASDAQ:AAPL) went on everyone’s radars together with some other tech giants. In this article we will look in more detail at these two pieces of news. Recently, four tech giants among which are Apple Inc (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) have agreed to settle a lawsuit with their employees, which have resulted in…
In the latest round of 13F filings, Hoplite Capital Management, led by John Lykouretzos, revealed its equity portfolio as of the end of the first quarter of the year. The total value of the portfolio amounts to $3.62 billion, slightly higher than the previous quarter value of $3.56 billion. Mr. Lykouretzos is a former employee of Andreas Halvorsen’s Viking Global Investors and Julian Robertson’s Tiger Management. Even though the manager of Hoplite is an expert in industrials and financial services, the equity portfolio of the fund primarily consists of technology and services stocks. In this article we will take a look at the five largest holdings…
In a recent program on CNBC, several experts from the investment world discussed about Apple Inc. (NASDAQ:AAPL), and the potential that its stock carry in the short run. Yesterday we discussed Bill Miller’s intervention on the same channel, who said that Apple’s stock might be worth between $700 and $750. This time, Tom Forte of Telsey Advisory Group, and Alex Gauna of JMP Securities discussed whether Bill Miller is right in his predictions regarding Apple Inc. (NASDAQ:AAPL)’s stock price. Mr. Forte said that the next 12 months will be good for Apple Inc. (NASDAQ:AAPL)’s stock. The company is planning to launch the…
Dashlane, a startup that launched password-management software, has recently released its Password Security Roundup, which analyses password security policies of more than 80 of the world wide web’s most popular websites. The report showed that the company that has the best rank was Apple Inc. (NASDAQ:AAPL), the company getting the highest score the second time in a row. However, another website that most of us widely use, Amazon.com, Inc. (NASDAQ:AMZN), has received one of the lowest scores, landing on the 74th position. But what did allow Apple Inc. (NASDAQ:AAPL) to earn such a high score among other websites? Before we look into that, we…
In its latest 13F filing, Citadel Investment Group, managed by Ken Griffin revealed an equity portfolio worth close to $72.51 billion, which was held as of the end of March 2013. The latest filing shows that Citadel holds a big and diversified equity portfolio, which contains a total of over 10,100 positions. Out of these, the fund increased its stakes in more than 3,000 positions and added over 1,000 new positions. In this piece, we will take a look at the top three largest holdings in terms of value, which Citadel held as of the end of the first quarter…