Published on November 14, 2018 at 3:37 pm by TIM FREDERICK in Hedge Fund Analysis,Hedge Funds,News https://www.insidermonkey.com/blog/...ay-dalio-bought-in-q3-and-1-he-dumped-673243/
I don't know, when a $125b AUM hedge fund announced a significant position, shouldn't it be at least a few hundred millions in investment? Sorry to be cynical, he bought $18M of BBBY, $23M GE, $17M GPS. That is like < 0.05% of AUM. Another way to look at this, these are multi billions market cap companies, not small micro caps so his position is less than noise. It is equivalent to me buying 1 share of BBY 1 share of GE and 1 share of GPS and proclaim my commitment and "bet" on those stocks!
1) did you notice their timely sale of PCG ( pure luck of-course) 2) everything is relative you have to look at context. BBBY & GPS have average daily volume of 5 million shares and I am sure they'll add to their GE position as stock recovers; perhaps BBBY & GPS too.
David Tepper bought PCG in Q3... https://www.insidermonkey.com/blog/...d-tepper-bought-in-q3-and-1-he-dumped-674380/