Hedge Fund and Insider Trading News: Steve Cohen, Crispin Odey, Eisler Capital, Rokos Capital Management, Long-Term Capital Management, Nuvation Bio Inc (NUVB), Asana, Inc. (ASAN), and More

Rokos Capital Management Ramps Up Graduate Hiring as Job Applications Surge by 300% (Financial News)
Hedge fund Rokos Capital Management is looking to increase its graduate intake next year after applications surged by 300% in 2023. Mark Edwards, chief executive of the firm that was launched by former Brevan Howard founding partner Chris Rokos, told Financial News that around 2,500 graduates applied for its graduate programme, saying there was “strong competition”.

Monday 9/25 Insider Buying Report: NUVB, ADC (Nasdaq.com)
On Thursday, Nuvation Bio (NUVB)’s Director, Oleg Nodelman, made a $6.69M buy of NUVB, purchasing 5,313,100 shares at a cost of $1.26 a piece. Nodelman was up about 11.1% on the purchase at the high point of today’s trading session, with NUVB trading as high as $1.40 in trading on Monday. Nuvation Bio is trading up about 5.3% on the day Monday. This purchase marks the first one filed by Nodelman in the past year. And at Agree Realty Corp. (ADC), there was insider buying on Thursday, by John Rakolta Jr. who purchased 30,000 shares for a cost of $57.48 each, for a trade totaling $1.72M. Before this latest buy, Rakolta Jr. purchased ADC on 4 other occasions during the past year, for a total investment of $3.89M at an average of $65.87 per share. Agree Realty Corp. is trading down about 0.3% on the day Monday. Bargain hunters are able to bag ADC even cheaper than Rakolta Jr. did, with shares changing hands as low as $56.56 in trading on Monday — that’s 1.6% below Rakolta Jr.’s purchase price.

Over $18M Bet On Asana? Check Out These 3 Stocks Insiders Are Buying (Benzinga)
Asana: The Trade: Asana Inc. (ASAN) Director, President, CEO, & Chair Dustin Moskovitz acquired a total of 1,015,000 shares an average price of $18.04. To acquire these shares, it cost around $18.31 million. Calavo Growers: The Trade: Calavo Growers Inc. (CVGW) Executive Vice President Michael A Browne acquired a total of 1,200 shares at an average price of $28.15. To acquire these shares, it cost around $33,776.

Big Hedge Fund Bets on Exxon, Domino’s, and Coke Stock (Barron’s)
A large hedge-fund sponsor seems to be betting on oil and fast food, while selling out of a drugstore chain. Davidson Kempner Capital Management initiated positions in Exxon XOM +1.17% Mobil (ticker: XOM), Domino’s Pizza DPZ +0.72% (DPZ), and Coca-Cola KO –1.09% (KO), and exited an investment in CVS Health CVS +1.52% (CVS) in the second quarter. The firm disclosed the stock trades, among others, in a revised form it filed with the Securities and Exchange Commission.