Activist investor Elliott Management bet on this little-known independent music stock during the first quarter, according to recent securities filings.
Activist investor Elliott Management unveiled a new stake in a little-known independent music stock during the first quarter, according to recent securities filings. The Florida-based hedge fund founded by billionaire Paul Singer in 1977 bought about 402,000 shares of Reservoir Media totaling $2.6 million during the period as he liquidated his position in News Corp . Meanwhile, Singer hiked his stake in Triple Flag Precious Metals — his second-largest holding — by 3.
The prominent investor also opened a call option on the Invesco QQQ Trust totaling about $2.6 billion and a put equaling $300.9 million. As the energy sector slumped, Singer maintained his $1.49 billion stake in Marathon Petroleum , and positions in Noble Corp . and Suncor Energy . Singer reduced his bet on Peabody Energy by 8.3%. Elliott also liquidated its nearly $47.5 million stake in Aerojet Rocketdyne . On the technology front, Singer maintained his $761.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Activist investor Elliott pushes for change at NRG EnergyActivist investor Elliott Investment Management on Monday urged NRG Energy to make leadership and capital allocation changes, and called the U.S. utility's recent acquisition of Vivint Smart Home a 'strategic misstep'.
Leer más »
Elliott Management slams NRG's Vivint buy, calling it 'worst deal' in a decadeActivist investor Elliott Management slams NRG's Vivint buy, calling it 'worst deal' in a decade
Leer más »
Longtime Agent Amanda Kogan Pivots To Management, Joining Aaron Kogan ManagementEXCLUSIVE: Amanda Kogan, the longtime agent known for focusing on non-scripted television, documentaries and podcasts, is making a career pivot, joining her husband Aaron as a manager at Aaron Kogan Management
Leer más »
NRG Energy up as Elliott discloses stake, calls for strategic review of Vivint unitNRG Energy Inc. stock rose 6.5% in premarket trades Monday after Elliott Management disclosed a $1 billion stake in the power company. Elliott Management...
Leer más »
WSJ News Exclusive | Activist Shareholder Plans Proxy Battle at Shake ShackActivist investor Engaged Capital is planning to run a proxy fight for three board seats at high-end burger chain Shake Shack
Leer más »
Missy Elliott & Atlantic Records to Be Honored by National Museum of African American MusicThe rapper is scheduled to attend the June 2 event, as are Mya and Sylvia Rhone.
Leer más »