5 Stocks to Sell Now According to Orkun Kilic’s Berry Street Capital

3. Houghton Mifflin Harcourt Company (NASDAQ:HMHC)

Berry Street Capital’s Stake Value In Q1 2022: $15.7 million

Percentage of Berry Street Capital’s 13F Portfolio In Q1 2022: 1.78%

Number of Hedge Fund Holders: N/A

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) was an American company that provided educational solutions to schools and educators. This included curriculum, supplemental, and other solutions.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) was acquired by the private equity firm Veritas Capital in August 2022, with the firm’s shares ceasing to trade on the market during mid August as the deal was completed. Prior to its closing, Mr. Kilic’s hedge fund owned 750,000 shares of the company which was a new addition to its portfolio in the first quarter. The shares were worth $15.7 million and they represented 1.78% of the holdings.