Ken Fisher’s Fisher Asset Management, revealed in different filing, several moves that have impacted its equity portfolio. One of the companies involved is Veeco Instruments Inc. (NASDAQ:VECO), in which the fund now owns 2.43 million shares, which represents a stake of 6.19% of the company’s common stock. The position remained almost unchanged in comparison with 2.48 million shares reported earlier by the fund.
Veeco Instruments Inc. (NASDAQ:VECO) manufactures LEDs, power electronics, flexible OLEDs, hard drives, MEMS and wireless chips through its process equipment solutions. A couple of months ago, Robert Karr‘s Joho Capital, upped its stake in Veeco Instruments to 2.5 million shares from 941,000 shares. Royce & Associates, managed by Chuck Royce, also holds 2.33 million shares of the company.
The fund also disclosed that it owns 2.45 million shares of Wright Medical Group Inc (NASDAQ:WMGI), equal to 5.21% common stock of the company. The position has been trimmed from 2.49 million shares reported previously.
Wright Medical Group Inc (NASDAQ:WMGI), a specialty orthopedic company provides extremity and biologic solutions. Healthcor Management Lp, run by Arthur B Cohen and Joseph Healey, raised its stake in the company in the third quarter of 2013 by 8%, and now holds 3 million shares. While, Roberto Mignone’s Bridger Management, has trimmed its stake by 33% down to 1.42 million shares.
In another filing, the fund reported that it has trimmed its stake in The Ryland Group, Inc. (NYSE:RYL), to 2.61 million shares, equal to 5.64% of the common stock. The fund held 2.68 million shares earlier.
The Ryland Group, Inc. (NYSE:RYL), is a homebuilder and a leading mortgage-finance company. Crispin Odey’s Odey Asset Management Group, has boosted its position in the company in the third quarter by 228% and now holds 3.18 million shares. Columbus Circle Investors, managed by Donald Chiboucis, also holds 1.72 million shares with a reported value of $69.88 million.
Fisher Asset Management also revealed in another filing, that it has cut its position in the OmniVision Technologies, Inc. (NASDAQ:OVTI), to 2.99 million shares, from 3.04 million shares, as reported in its latest 13F. The current holding represents a 5.35% stake in the company’s common stock.
OmniVision Technologies, Inc. (NASDAQ:OVTI), develops advanced digital imaging solutions. Of other hedge funds that we track, Daniel Benton’s Andor Capital Management holds 1.5 million shares of the company.
In a separate filing, Fisher Asset Management disclosed that it reduced the holding in PMC-Sierra Inc (NASDAQ:PMCS) to 12.24 million shares, from 12.42 million shares. The current holding amasses 6.02% of the company’s common stock.
PMC-Sierra Inc (NASDAQ:PMCS) innovates semiconductor and software solutions that enable transforming networks to connect, move, and store big data. Cadian Capital, managed by Eric Bannasch, has 5.23% of its equity portfolio invested in the stock and owns around 26.97 million shares. Ralph V. Whitworth’s Relational Investors, is another hedge fund that holds 22.81 million shares of the company.