Mark Rachesky Further Increases Stake In Titan International Inc (TWI)

Mark Rachesky is still bullish on Titan International Inc (NYSE:TWI) and has further increased his fund’s activist stake in the company. According to a recent Form 4 filing with the Securities and Exchange Commission, Rachesky’s fund, MHR Fund Management, has acquired 490,775 shares in 9 transactions at prices varying between $14.11 and $14.99 per unit. Following this move, Rachesky and MHR, have amassed 7.5 million shares of Titan International Inc (NYSE:TWI).

Titan International Inc (NYSE:TWI)

Billionaire Ken Griffin is extremely bullish on this stock, having increased his fund’s holding by 41027% during the first quarter of 2014. In its latest 13F filing, Citadel Investment Group reported ownership of approximately 555,200 shares. Robert Rodriguez and Steven Romick, the managers of First Pacific Advisors LLC, are also fans of Titan International Inc (NYSE:TWI), having increased their holding of the stock by 83% to 1.55 million shares. Jay Petschek and Steven Major are not so optimistic and have deemed it wise to reduce their stake in the company. Their fund, Corsair Capital Management, reportedly holds 425,600 shares of Titan International Inc (NYSE:TWI) in its equity portfolio.

Disclosure: none.

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 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

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!