Homepage
PR Newswire
14-11-2017, 01:57 PM
Value investing giant sells Qualcomm stake within six months of buying
By Evelyn Cheng
Published November 14, 2017
Value investor Seth Klarman's Baupost Group hedge fund has eliminated its stake in Qualcomm just two quarters after taking it.
Baupost acquired 5.2 million shares of Qualcomm in the first quarter, and sold them all in the third quarter, according to a required quarterly filing Monday with the U.S. Securities and Exchange Commission.
Sometimes compared to Warren Buffett, investor Klarman is reclusive and tends to focus on the long-term. Klarman has generated tens of billions of dollars in gains for his clients across decades.
More details in https://www.cnbc.com/2017/11/13/value-in...uying.html
By Evelyn Cheng
Published November 14, 2017
Value investor Seth Klarman's Baupost Group hedge fund has eliminated its stake in Qualcomm just two quarters after taking it.
Baupost acquired 5.2 million shares of Qualcomm in the first quarter, and sold them all in the third quarter, according to a required quarterly filing Monday with the U.S. Securities and Exchange Commission.
Sometimes compared to Warren Buffett, investor Klarman is reclusive and tends to focus on the long-term. Klarman has generated tens of billions of dollars in gains for his clients across decades.
More details in https://www.cnbc.com/2017/11/13/value-in...uying.html
Specuvestor: Asset - Business - Structure.