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Showing posts from November, 2019

Top Funds' Activity in Q3 2019

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Wayne Duggan of Benzinga reports on the Q3 13F roundup looking into how Buffett, Einhorn, Ackman and others adjusted their portfolios: The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was buying and selling in the quarter, but other investors may be more interested in overall themes from 13F filings. Overall, it appears buying and selling among fund managers was split relatively evenly in the third quarter. Surprisingly, despite a 27.1% drop in Netflix, Inc. (NASDAQ: NFLX ) shares in the third quarter, no major fund manager mentioned below was buying or selling shares. The FANG group didn’t get much attention at all in the third quarter aside from David Tepper buying Facebook, Amazon and Google. Carl Icahn took a gamble on

CDPQ, CPPIB and OTPP Sign Big Infrastructure Deals

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CDPQ just put out as press release stating it will invest in Sydney Metro, Australia’s first driverless metro system: Acquisition of a 24.9% equity stake in the extended Sydney Metro trains, systems, operations and maintenance public-private partnership (PPP) contract Total transaction value of AUD 167 million (CAD 150 million) Strategic partnership with local and international investors combining operational and financial expertise Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, announces today the acquisition of a 24.9% stake in the public-private partnership (PPP) contract for the trains, systems, operations and maintenance of Sydney Metro, Australia’s biggest public transport project, which includes both the North West and City & Southwest lines. The total value of the transaction is AUD 167 million (CAD 150 million). Other investors include MTR Corporation Limited, Marubeni Corporation, Plenary Group and CIMIC Group Limited. The M