Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Robert Pitts, Steadfast Capital Report New Position in 58.com

Robert Pitts‘ Steadfast Capital, after John Burbank and Passport Capital went into 58.com Inc. (NYSE:WUBA) last week, also disclosed a position in this newly public company. According to a filing with the SEC, Steadfast now holds a passive stake in the company, which contains slightly above 1.8 million Class A ordinary shares, equal to 7.61% of the class. The shares are held via a total of 904,377 ADR shares.

58.com

Disclosure: none

Recommended Reading:

Samuel Isaly, Orbimed Advisors Lower Position in NxStage Medical

Steven Cohen, SAC Capital Boost Position in Vitamin Shoppe

Baker Bros. Decreases Exposure at Viropharma

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...