The shares of Crowd Strike Holdings, Inc. (CRWD) have plunged by more than 42% from the highs that followed their initial public offering [IPO] in June. However, the steep decline in the stock has caught the attention of the investing firm Point72 Asset Management, L.P., which is run by Steven A. Cohen, the famous hedge fund manager.  According to an SEC filing on January 8, Point72 substantiality increased its stake in the equity, bringing its total ownership to over 5%.

Point72 Asset Management, L.P., which is run by the legendary investor Steven A. Cohen, made a big bet this week in Luckin Coffee Inc. (LK), a China-based coffee chain. A 13G filing revealed that the investment firm took a 5% position in the stock. The stake that Point72 took in Luckin is significant, and it […]

A simple strategy designed to identify and profit from the most promising small cap stocks held by activist managers would have averaged 26.3% annually since 2009. That’s a compounded return of over 690% through April of 2018.

Lone Pine Capital LLC, the hedge fund run founded by Stephen Mandel, filed a new 13G disclosing a new position in LPLA. Lone Pine Capital owned 6,518,366 shares or a 6.4% stake in the company as of January 28, 2014 From Yahoo! Finance, LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services to independent […]

Blue Ridge Capital, LLC, the hedge fund founded by John Anthony Griffin, filed a new 13G disclosing a new position in PBF. Blue Ridge Capital owned 3,095,000 shares or a 7.82% stake in the company as of December 10, 2013 From Yahoo! Finance, PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. […]