Sacramento County Employees Makes $50m Hedge Fund Allocation (Hedge WeeK)
Sacramento County Employees’ Retirement System has made a new direct hedge fund investment allocation of $50 million to the Tudor BVI Global Fund, a global macro fund managed by Paul Tudor Jones‘ Tudor Investment Corp, according to a report by Pension & Investments Online. The report cites a December transaction report included with materials released ahead of the $11.6 billion pension fund’s upcoming board meeting on 18 January as confirming the allocation.
Nancy Pelosi’s Husband Lost Over $500,000 Selling Tesla Stock in December as Investors Fretted About Elon Musk’s Tweets (Business Insider)
Paul Pelosi, the husband of then-Speaker Nancy Pelosi, lost over half a million dollars selling Tesla stock in December as Elon Musk’s electric vehicle and solar panel manufacturer sank amid broader fears about his focus company after his takeover of Twitter. An investor and venture capitalist, Pelosi’s husband is one of the most prodigious traders connected to a lawmaker. He’s made tens of millions of dollars in stock trades during the past few years, congressional records indicate.
Accused Insider Trader Silent on ASIC Claims (AFR.com)
Accused insider trader Cameron Waugh remains free on bail after a brief court appearance on charges that have rocked his friends and connections at the top end of the Perth business community. Mr Waugh is facing six charges of insider trading in an emerging gold company after being arrested while at picturesque Bunker Bay in Western Australia’s south-west for a wedding on December 16.
Friday 1/13 Insider Buying Report: CMTL, PHAT (Nasdaq.com)
On Wednesday, Comtech Telecommunications’ CEO, Ken Allen Peterman, made a $560,944 purchase of CMTL, buying 44,000 shares at a cost of $12.75 each. Peterman was up about 7.7% on the buy at the high point of today’s trading session, with CMTL trading as high as $13.72 in trading on Friday. Comtech Telecommunications is trading up about 4.7% on the day Friday. And on Thursday, Director Asit Parikh purchased $35,000 worth of Phathom Pharmaceuticals, purchasing 5,000 shares at a cost of $7.00 each. Before this latest buy, Parikh made one other purchase in the past twelve months, buying $100,000 shares for a cost of $8.00 a piece. Phathom Pharmaceuticals is trading up about 4.2% on the day Friday. So far Parikh is in the green, up about 10.7% on their buy based on today’s trading high of $7.75.
$4.7M Bet On Tilly’s? Check Out These 3 Stocks Insiders Are Buying (Benzinga)
Tilly’s: The Trade: Tilly’s, Inc. (TLYS) 10% owner Pleasant Lake Partners LLC acquired a total of 506,494 shares an average price of $9.27. To acquire these shares, it cost around $4.7 million. CVD Equipment: The Trade: CVD Equipment Corporation (CVV) 10% owner ADA Partners, L.P. acquired a total of 35,810 shares at an average price of $5.83. To acquire these shares, it cost around $208.93 thousand.
