Heska Corp (HSKA), Global Sources Ltd. (Bermuda) (GSOL): Hedge Funds’ Recent Moves

Have Phill Gross and Robert Atchinson changed their mind about Heska Corp (NASDAQ:HSKA)? After increasing their stake by 20% during the second quarter of 2014 and adding a further 32,000 shares to their stake back in August, Gross and Atchinson have now reduced their investment by 18,000 shares. Their fund, Adage Capital Management, has reported in a recent filing with the Securities and Exchange Commission (SEC) ownership of 314,000 shares or 4.99% of Heska Corp (NASDAQ:HSKA)’s total number of shares outstanding. It also seems Mario Gabelli is still bullish on Global Sources Ltd. (Bermuda) (NASDAQ:GSOL), as he has further increased his investment in the company. According to a recent filing with the SEC, Gabelli and GAMCO Investors have taken their stake from approximately 1.86 million shares, reported in the latest 13F filing, to an aggregate of 2.11 million shares or 7.09% of Global Sources Ltd. (Bermuda) (NASDAQ:GSOL)’s common stock (The position includes shares held by Gabelli Funds, Teton Advisors, etc.).

Mario Gabelli

Heska Corp (NASDAQ:HSKA) can also be found in Jim Simons‘ portfolio. In its latest 13F filing, Renaissance Technologies has reported a 19% increase in its stake to amass 66,000 shares valued at $709,000. Peter Algert and Kevin Coldiron are also bullish about Heska Corp (NASDAQ:HSKA) and have initiated a position for their fund, Algert Coldiron Investors, during the second quarter of 2014. The fund currently holds 15,185 shares worth in excess of $163,000.

Jim Simons is a fan of Global Sources Ltd. (Bermuda) (NASDAQ:GSOL) too, and has increased his stake in the company by 29% during the second quarter of 2014. Renaissance Technologies reportedly holds approximately 163,800 shares worth in excess of $1.35 million. Ric Dillon, on the other hand, has chosen to limit his exposure to Global Sources Ltd. (Bermuda) (NASDAQ:GSOL) and has reduced his holding of the stock by 16%. Diamond Hill Capital has reported ownership of 874,100 shares valued at $7.23 million in its latest 13F filing.

Disclosure: none.