What Hedge Funds Think about these Two Companies Stuck In Negotiations With United Automobile Workers?

On the other hand, hedge funds have mixed sentiments towards Deere & Company, with the number of long positions among the funds that we follow having decreased to 31 at the end of June from 34 at the end of March, while the value of their investment rose by 23.5% to $3.43 billion. Their aggregate holdings account for roughly 10.6% of the company’s total number of shares outstanding. Warren Buffett is still a fan of Deere & Company (NYSE:DE), with Berkshire Hathaway having reported ownership of 17.3 million shares in its latest quarterly filing. David Blood and Al Gore, managers of Generation Investment Management, have stepped up their interest in the company, boosting their stake by 78% during the second quarter to amass 4.3 million shares. Mario Gabelli, on the other hand, has decided to reduce his stake by 7% to 1.04 million shares, according to GAMCO Investors’ latest 13F filing.

Disclosure: none.