Hedge Fund Highlights: Nelson Peltz, Dan Loeb & Mario Gabelli

Page 1 of 2

UPDATE 1-Mondelez adds activist investor Nelson Peltz to board (Reuters)
Mondelez International Inc (NASDAQ:MDLZ), which makes Cadbury chocolate, Oreo cookies and Trident gum, said it added activist investor Nelson Peltz to its board. Peltz’s Trian Fund Management is Mondelez’s fourth-largest shareholder with 2.3 percent of its shares, according to Thomson Reuters data. The billionaire from Brooklyn had said last year that Mondelez could almost double its earnings per share by managing costs better. He had also said that the company should be acquired by PepsiCo, Inc. (NYSE:PEP).

TRIAN PARTNERS

Third Point takes $1.3 billion stake in Dow Chemical, calls for spinoff (CNBC.com)
Third Point Management, the hedge fund run by activist investor Dan Loeb, announced on Tuesday it had taken a $1.3 billion stake in The Dow Chemical Company (NYSE:DOW), urging the company to consider severing its petrochemcial business. With the purchase, Third Point now becomes one of Dow’s top ten shareholders, with the company being the fund’s largest single position.

Mario Gabelli Is Bullish on The Pep Boys – Manny, Moe & Jack (PBY) and Diebold Incorporated (DBD) (Insider Monkey)
In a couple of recent moves, Mario Gabelli‘s GAMCO Investors and its affiliated funds, have raised the stakes in The Pep Boys – Manny, Moe & Jack (NYSE:PBY) and Diebold Incorporated (NYSE:DBD). The fund reported owning 6.32 million shares of Diebold, up from 5.66 million shares held earlier; and 7.62 million shares of The Pep Boys, versus 5.66 million owned before. The stakes represent 9.90% of the common stock and 13.65% respectively. Out of the aggregate amount, GAMCO holds 4.47 million shares of Diebold and 5.30 million shares of The Pep Boys.

Wharton GC Launches New Hedge Fund Oracle of Investing Fund LP (PR Newswire)
Wharton GC told its investors that it will launch a new hedge fund this year, and had sold another minority equity stake in the firm to an unidentified buyer to help ensure its long-term viability. Wharton GC described its new fund, Oracle of Investing Fund LP, as a variation of its long-short and global macro strategies that seeks to perform in any economic environment. In a Jan. 14 year-end report to investors, the hedge-fund firm said Oracle of Investing Fund LP would help ensure that Oracle Fund doesn’t grow to such an extent that could hurt its returns.

Scaramucci’s SkyBridge Gains 38% Keeps Housing Bets: Mortgages (Bloomberg)
The U.S. mortgage market has been very good to Anthony “the Mooch” Scaramucci. In the past few years, the Federal Reserve’s unprecedented stimulus contributed to some of the biggest returns for money managers investing in mortgages. Then housing prices soared, lifting the most beaten-up home-loan securities. And Scaramucci’s SkyBridge Capital, which invests $6.2 billion in hedge funds, was along for the ride. Mortgage investments fueled returns of about 38 percent over the past two years, about triple the industry average.

Bonus time on Wall Street (CNBC.com)

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!