European Shorts

Long Term Big Short: Odey vs Intu

2018-11-30

Odey's fund is the big winner after Intu shares dropped about 40% on Thursday. Odey Asset Management has been continuously holding a short >0.5% ("big short") for more than 6 years. Intu Properties shares slumped and are trading about 115p on Friday after a take over bid was pulled (ref. Daily …

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European Shorts

How to time a €100 million short in Renault?

2018-11-19

UK fund, Merian Global Investors, placed an about €100 million short bet (0.51%) against Renault on 2018-30-10, making a multi-million profit from the drop in Renault's shares after its CEO was arrested. See also Business Insider's article that refers to our data and analytics.  This is currently the only short >0.5% …

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European Shorts

Soros' Fund bets against Aston Martin

2018-11-17

A new short in Aston Martin by George Soros' fund emerged. It is a 0.52% big short (about £20 million) that has been placed on 2018-11-08. According to our records, this is the only short position >0.5% ("big short") by SFM UK Management in EU's Auto and Trucks Manufacturers Sector, out …

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European Shorts

Short Selling in Nyrstar

2018-11-12

TT International is winning big with their 2.15% short position in Nyrstar. Stock down as much as 40% on 12th of November.  Updated on 2018-11-14, 08:54 AM GMT with latest short disclosures. As of latest short disclosures, six hedge funds hold short positions >0.5% ("big shorts") in Nyrstar, Belgian global multi-metals business. TT International stands-out with a big short of …

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European Shorts

Short Selling by Third Point

2018-11-10

Third Point's Daniel Loeb said in an investor letter on Friday that they have grown their short book (ref. CNBC). We had a look at current Third Point's big short positions in Europe.* Third Point LLC has recently disclosed two European shorts >0.5% ("big shorts"). Both short bets are against very well …

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European Shorts

Odey is Back. What is he Shorting?

2018-11-06

Odey's main fund is up about 48% YTD (refs. FT, Bloomberg). UK short bets dominate top short positions of Odey Asset Management. When it comes to shorting persistence, hardly anybody beats Odey in all of our records - some of the shorts have been in place for more than 5 years.* The Biggest Shorts of Odey Three out …

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European Shorts

Short Sellers vs UK Banking Services

2018-11-05

Following Steve Eisman's ("The Big Short") revelation that he is shorting two UK banks (ref. Bloomberg), in this Breakout POINT's note, we took a deeper look at the biggest shorts among UK banking services stocks.* Big Shorts in UK Banking Services As of the latest short disclosures, three UK stocks from …

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European Shorts

Deutsche Bank's Short Sellers

2018-11-03

Marshall Wace and AQR are the biggest short sellers of Deutsche Bank. Marshall Wace even added to their short position on the day when a 3.1% stake in Deutsche Bank by activist hedge fund, Hudson Executive Capital, became public. Short Sellers vs Deutsche Bank An about $650 million big stake in Deutsche Bank …

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European Shorts

First Short Position in Linde plc

2018-11-03

A first ever short selling disclosure in Linde plc popped-up on our radar. It is a 0.69% short by Millennium International Management in Linde plc on 2018-10-31. First Short Disclosure for Linde plc Linde plc shares started trading on stock exchanges few days ago, following successful completion of merger between Linde and Praxair. …

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