Haidar’s Hedge Fund Soars 31% in Biggest Month for Macro Trader (Bloomberg)
Even by his own standards, last month was extraordinary for macro hedge fund manager Said Haidar. The money manager, who runs a high-conviction $1.3 billion trading strategy, guided his Haidar Jupiter fund to a 30.65% gain in January, the best month since he started it more than two decades ago, according to investor letters seen by Bloomberg. The gain came after a return of almost 70% last year.
Citadel Hedge Funds Up in Jan Despite Equity Markets Slump (Hedge Week)
Citadel‘s flagship hedge fund and its fixed-income fund both posted gains almost 5 per cent in January, despite a slump in equity markets, according to a report by Bloomberg. The Wellington multistrat fund gained 4.7 per cent and the Global Fixed Income fund advanced 4.9 per cent, while Citadel’s Equities fund also saw a gain of 0.9 per cent.
Activist Investor Caligan Picks Up Stake in ADMA, Targets Potential Sale (Reuters)
Feb 4 (Reuters) – Activist investor Caligan Partners has bought a 5.6% stake in ADMA Biologics Inc and may urge the biotech company to consider a potential strategic review or explore a sale, its SEC filing showed on Friday. The New York-based hedge fund co-founded by David Johnson — a former Carlyle Group executive — said here shares of ADMA were undervalued and represent an attractive investment opportunity, and that it plans to communicate with the management, the board, other shareholders or third parties, including potential buyers.
Friday 2/4 Insider Buying Report: BA, MCI (Nasdaq.com)
At Boeing, a filing with the SEC revealed that on Tuesday, Director Steven M. Mollenkopf purchased 480 shares of BA, at a cost of $208.39 each, for a total investment of $100,027. Bargain hunters have the opportunity to grab BA even cheaper than Mollenkopf did, with the stock changing hands as low as $203.10 in trading on Friday — that’s 2.5% below Mollenkopf’s purchase price. Boeing is trading off about 0.8% on the day Friday. This purchase marks the first one filed by Mollenkopf in the past twelve months. And on Thursday, Edward P. Grace III purchased $46,988 worth of Babson Capital Corporate Investors Fund, purchasing 3,000 shares at a cost of $15.66 each. Before this latest buy, Grace III made one other buy in the past twelve months, purchasing $15,800 shares at a cost of $15.80 each.
Take A Look At Insider Trading For Canadian Solar Inc. (CSIQ) (Fosters Leader)
The stock of Canadian Solar Inc. (NASDAQ:CSIQ) increased by $2.75 on Monday to finish at $27.99, up 10.90 percent. The last five days have seen an average of 1,153,140 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$3.30. The average number of shares traded over the last 20 days was 1,131,595, while the average volume over the last 50 days totaled 1,165,356.
