Bookmark and Share

MHR Fund Becomes Largest Shareholder in Navistar (NAV)

MHR Fund Management LLC on Friday disclosed that it holds a 13.6% stake in Navistar International Cop. (NYSE: NAV), which makes it the largest NAV shareholder, and puts it ahead of Carl Icahn, who has a 11.9% stake in the company.

[...]

Bookmark and Share

Top Hedge Fund Buys

A recent survey from Citi Prime Finance showed that assets invested with hedge funds could more than double by 2016. Citi Prime Finance noted that more and more pension funds, endowments, and other institutional investors are parking their money in hedge funds.

[...]

Bookmark and Share

Orbimed Advisors Bullish on Watson Pharmaceuticals (WPI)

Orbimed Advisors, the world’s largest healthcare investment firm, is bullish on Watson Pharmaceuticals Inc. (NYSE: WPI). In a filing, Orbimed said that it added $24 million worth of WPI stock in the first quarter to its $85 million prior quarter position.

[...]

Bookmark and Share

Greenlight's David Einhorn reveals his picks in Charity Conference

At the Ira Sohn charity conference, David Einhorn revealed his longs and shorts. We were privileged to be part of the conference. Below is a quick rundown of his presentation:

1. Short Martin Marietta Materials. Says stock is overvalued and benefitted from a one-time national fiscal stimulus. Stock is down 8% after the comments.

[...]

Bookmark and Share

David Einhorn’s Greenlight Capital Builds a Large Position in Oaktree Capital (OAK)

David Einhorn’s Greenlight Capital recently disclosed in a 13G filing that it had 1.68 million share position in Oaktree Capital Group LLC (NYSE: OAK), a global investment management firm focused in alternative markets. Greenlight Capital, which is a long-short value-oriented hedge fund, now has a 5.5% stake in OAK.

[...]

Bookmark and Share

Whitney Tilson’s T2 Partners Adds to its Netflix Holdings (NFLX)

Shares of Netflix Inc. (NASDAQ: NFLX), an Internet subscription service streaming television shows and movies, tumbled on Tuesday after the company gave a disappointing forecast for subscribers to its U.S. streaming business. But, Whitney Tilson of T2 Partners saw the sell-off as a great opportunity to buy more NFLX shares.

[...]


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.