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A Look Back At ValueAct's Massive Microsoft Bet
Wednesday, August 17, 2016 - 2:07pm | 310A little more than three years after ValueAct Capital CEO Jeffrey Ubben disclosed the fund’s massive $2 billion stake in Microsoft Corporation (NASDAQ: MSFT), the stock has nearly doubled in price. The day before Ubben discussed the position at an investor conference in April of 2013,...
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11 Activist Investors Who Have Shaped The Market
Tuesday, November 3, 2015 - 3:20pm | 1979There has been a heated debate on Wall Street as to whether activist investors are beneficial to both shareholders and companies. Over the past few years, activist investing has taken off, with several big name players pushing for change at some of the world's largest companies. While some argue...
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A Look At Bill Ackman's Super-Concentrated Equity Portfolio
Tuesday, August 18, 2015 - 3:51pm | 524Activist investor Bill Ackman manages Pershing Square Capital Management, a successful hedge fund firm with a concentrated equity portfolio worth $14.44 billion as of the end of the second quarter of the year. The equity portfolio comprises only seven stocks; 44 percent of its total assets are...
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Bill Ackman's Pershing Square Takes 5% Stake In Valeant Pharmaceuticals
Monday, March 9, 2015 - 3:02pm | 215Bill Ackman, founder and CEO of hedge fund Pershing Square Capital Management, acquired a $3.3 billion stake in Valeant Pharmaceuticals Intl Inc (NYSE: VRX), a source familiar with the matter told Reuters on Monday. With this stake, the fund holds about 5 percent of the company's shares...
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A Look At Jeffrey Ubben's Latest ValueAct Capital 13F
Wednesday, February 18, 2015 - 4:54pm | 358Jeffrey Ubben’s ValueAct Capital is a fund focused on long-term investments. It usually holds about 15 equity positions and changes only three or four of them for new ones each year. In its latest 13F filing for the fourth quarter of 2014, the fund disclosed two new purchases, five...
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Where Could ValueAct Capital's New $1.5 Billion Go?
Tuesday, December 9, 2014 - 2:38pm | 355Activist hedge fund ValueAct Capital Management, run by Jeffrey Ubben, plans to raise up to $1.5 billion in new funds. After roughly three years without bringing in new capital, the fund could use the proceeds to either increase the size of preexisting bets or open new positions. One thing is...