2018-12-31
Soros' fund has been building a new short in the past few weeks: a 0.87% short (about £23m) in Howden Joinery Group plc. According to our records, this is the only EU short >0.5% ("big short") that Soros' fund has been increasing in December, while nine of their big shorts have been …
Read More2018-12-24
In comparison to hedge funds that have cut their short bets during Q4 (ref. Bloomberg), activist short sellers have had a very active quarter. Of all the quarters in 2018, activist short sellers have announced the highest number of new short calls during Q4. We take a closer look at …
Read More2018-12-12
For the first time since 2012, a short position >0.5% ("big short") has appeared in London Stock Exchange Group (LSE). It is a 0.5% short by Merian Global Investors and has been placed on 2018-12-07. At LSE's market cap of about £13.68b, the corresponding short value is about £68m. Interestingly, Merian recently also shorted Deutsche …
Read More2018-12-10
At the 2018 Sohn London Idea Conference on Nov 29, Kuvari Partners pitched a short of Kier Group, a primarily UK's construction & services business, citing narrowing of margins and aggressive accounting (ref. Sohn Conf Foundation). During the talk, Vikram Kumar, CIO of Kuvari Partners, said he believes the stock could drop by 50% …
Read More2018-12-05
Three new bets by AQR Capital Management against DAX companies popped-up in Q4, bringing the total number of their disclosed DAX shorts to 5. According to our records, currently, no other hedge funds targets so many DAX companies with shorts >0.5% ("big shorts").* AQR bets against 5 DAX members Famous quant fund, …
Read More2018-12-03
Today on Monday, December 3, 17 presenters are to present at Whitney Tilson’s Kase Learning Shorting Conference (learn more about the organizers of the Shorting Conference here). First Session Gabriel Grego from Quintessential Capital Management is short Canadian cannabis company, Aphria Inc. Related short report "Aphria: A Shell Game with a …
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