Hedge Fund and Insider Trading News: Ken Griffin, Bill Ackman, Dan Niles, Cathie Wood, Bridgewater Associates, Mobileye Global Inc. (MBLY), and More

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CNBC Pro Talks: Hedge Fund Manager Dan Niles Bought Meta Shares. Here’s His Strategy for Tech Names (CNBC)
The Satori Fund founder Dan Niles has more than three decades of market experience, with a focus on large-cap technology companies. That space has been hit hard in 2022, leaving many investors wondering if Big Tech stocks are still the leaders of the pack. Dan, who is in the green this year, shares his macro analysis of the sector, when he thinks the market will hit THE bottom, and which names he thinks are poised to rebound going into 2023.

Bridgewater is Famous for Giving Brutally Honest Feedback in Real Time. Its Co-CEO Explains How the Hedge Fund is Shaking Up Its Notorious Culture. (Business Insider)
Bridgewater Associates‘ co-CEO Nir Bar Dea is looking to make some changes to its controversial culture as founder Ray Dalio takes a step back. “The ideas are different,” Dea said speaking at the Bloomberg Invest event Wednesday. “What we’re going to pursue is different. How we’re going to evolve that culture is different. How we go about those fundamentals are different, the hunger is different, the energy is different.”

Ackman’s Pershing Square Jumped 10% in October (Institutional Investor)
Bill Ackman’s Pershing Square Holdings hedge fund gained almost 10 percent in October, slashing its year-to date-loss to 12 percent. At the end of September it was down 19.9 percent for the year. Pershing Square’s big monthly gained eclipsed that of the S&P 500 index, which jumped 8 percent, but fell short of the Dow Jones Industrial Average, which rose about 14 percent in October — its best monthly gain since 1976.

7 Stocks to Buy According to Eduardo Costa's Calixto Global Investors

Source: pexels

Adrigo Celebrates 5 Years (Hedge Nordic)
Stockholm (HedgeNordic) – Staffan Östlin’s Adrigo Small & Midcap L/S is celebrating its five-year anniversary this November with an annualized return of 12.4 percent over the past five years. The stock-picking fund was launched in late 2017 under the umbrella of Adrigo Asset Management, which was then acquired by Swedish asset manager East Capital in 2020.

Cathie Woods’ ARK Venture Fund Bets on Musk-Owned Twitter (TipRanks)
Ace hedge fund manager Cathie Wood’s recently launched fund, ARK Venture Fund, has taken a bet on Elon Musk’s Twitter. Cathie’s team has full faith in Musk’s capability to turn Twitter into a global super-app. In the investment thesis, Cathie noted that Twitter has transformed itself into one of the most powerful social media tools, used for instant news flow, idea sharing, and conversation hubs. Meanwhile, the ARK camp also acknowledges that Twitter has lost its sheen lately. “While it has struggled to scale user growth, engagement, and advertiser dollars in the past decade and has ceded some of its dominance to more content-rich platforms like Facebook, Instagram, YouTube, and TikTok, we believe that Twitter is valuable to those who have built audiences and businesses on its platform,” they added.





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