Hedge Fund and Insider Trading News: Stephen Mandel, Tom Steyer, Ray Dalio, Warren Buffett, Super Micro Computer, Inc. (SMCI), Enterprise Products Partners L.P. (EPD), and More

Hedge Funds are Never Fall Away from Gold – Analysts (Kitco.com)
(Kitco News) – Only one week after significant liquidation, shifting sentiment in financial markets is prompting investors to jump back into the gold space, according to the latest trade data from the CFTC. The CFTC’s disaggregated Commitments of Traders report for the week ending Feb. 11 showed money managers increased their speculative gross long positions in Comex gold futures by 7,737 contracts to 231,499. At the same time, short bets fell by 6,324 contracts to 35,828. Gold’s net-long positioning currently stands at 195,671 contracts, up nearly 8% compared to the previous week. During the survey period, gold prices trended quietly higher after holding critical support above $1,550 an ounce.

Warren Buffett Sold More Than $800 million Worth of Apple Stock Last Quarter (Business Insider)
Warren Buffett sold more than $800 million worth of Apple stock last quarter, according to SEC filings published on Friday. That might seem like a massive sale, but it’s closer to a rounding error for the billionaire investor and Berkshire Hathaway CEO. Berkshire is Apple’s biggest shareholder with a 5.4% stake worth $72 billion, according to Bloomberg data. Buffett’s lieutenants may have trimmed their stake in Apple for a few reasons.

Notable Insider Buys Last Week: Enterprise Products Partners, Kellogg And More (Benzinga)
Enterprise Products Partners: An Enterprise Products Partners L.P. (EPD) 0.63% director returned to purchase 250,000 more shares of this midstream energy services provider via trust last week. At $25.40 to $26.75 per share, the purchase totaled around $6.5 million. The director also bought 400,000 shares in the prior week. Kellogg: Kellogg Company (K) 0.8% CEO Steve Cahillane, added to his stake. He picked up more than 16,800 shares of this packaged foods company at between $65.18 and $65.41 each. That cost him a little less than $1.1 million and brought his holdings to over 50,500 shares.

What Did This CEO Just Do with Personal Shares of Super Micro Computer (NASDAQ: SMCI)? (Analyst Ratings)
Yesterday, the President & CEO of Super Micro Computer (SMCI), Charles Liang, sold shares of SMCI for $2.88M. In addition to Charles Liang, 4 other SMCI executives reported Sell trades in the last month. The company has a one-year high of $30.00 and a one-year low of $16.00. Currently, Super Micro Computer has an average volume of 309.50K. SMCI’s market cap is $1.42B and the company has a P/E ratio of 17.02.