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 Network-1 Technologies Inc (OTCMKTS:NTIP) shares.
Disclosure: none
