Hedge Fund and Insider Trading News: Ken Griffin, Ancora Partners, Elliott Management, Davidson Kempner Capital Management, Alameda Research, Adams Diversified Equity Fund Inc (ADX), Uber Technologies, Inc. (UBER), and More

US Hedge Fund Davidson Kempner Buys $1.1 Billion UAE Bad Debt (Bloomberg)
US hedge fund Davidson Kempner Capital Management bought $1.1 billion in bad debt from Abu Dhabi Commercial Bank PJSC as the lender cleans up a balance sheet battered by a series of corporate defaults.

Darktrace Down 5% as New York Hedge Fund Launches Fresh Bear Raid (Sharesmagazine.co.uk)
Quintessential Capital Management and Marshall Wace take short positions. US hedge fund questions validity of financial statements and warns of correction. Darktrace says it has full confidence in accounting practices New York’s Quintessential Capital Management (QCM) has taken a short position in Darktrace (DARK) and published a report questioning the validity of the firm’s financial statements in a damaging bear raid on the AI-driven cyber security firm.

Tuesday 1/31 Insider Buying Report: ADX, GCBC (Nasdaq.com)
At Adams Diversified Equity Fund, a filing with the SEC revealed that on Friday, Director Jane Musser Nelson purchased 3,585 shares of ADX, for a cost of $15.41 each, for a total investment of $55,238. Adams Diversified Equity Fund is trading up about 0.5% on the day Tuesday. And on Thursday, Director Tejraj S. Hada purchased $46,350 worth of Greene County Bancorp, purchasing 1,000 shares at a cost of $46.35 a piece. Greene County Bancorp is trading off about 1.3% on the day Tuesday. Hada was up about 4.0% on the purchase at the high point of today’s trading session, with GCBC trading as high as $48.19 in trading on Tuesday.

Over $5M Bet On Uber Technologies? Check Out These 4 Stocks Insiders Are Buying (Benzinga)
Uber Technologies: The Trade: Uber Technologies, Inc. (UBER) Director Yasir Al-Rumayyan acquired a total of 250,000 shares an average price of $20.58. To acquire these shares, it cost around $5.14 million. Beacon Roofing Supply: The Trade: Beacon Roofing Supply, Inc. (BECN) 10% owner CD&R Boulder Holdings, L.P. bought a total of 107,185 shares at an average price of $55.98. To acquire these shares, it cost around $6 million.

Anson Hedge Fund Backs Activist in First Capital Proxy Fight (BNN Bloomberg)
Canadian hedge fund manager Anson Funds is backing an activist investor who’s fighting for control of First Capital Real Estate Investment Trust. Anson says First Capital is undervalued and has aligned itself with Samir Manji, the real estate executive who’s trying to win four board seats and change the company’s strategy, according to a letter to Anson investors.