Today’s daily gainers are Pretium Resources Inc (NYSE:PVG), Agnico Eagle Mines Ltd (NYSE:AEM), International Tower Hill Mines Ltd (NYSEMKT:THM) and daily losers are Fusion-IO, Inc. (NYSE:FIO), Carter?s, Inc. (NYSE:CRI), KKR Financial Holdings LLC (NYSE:KFN).
John Paulson scores with AEM and THM
Today’s top gainer is Pretium Resources Inc (NYSE:PVG), a firm that engages in the acquisition, exploration, and development of precious metal resource properties in the Americas. The stock climbed +20.00% today to $3.84. Billionaire Seth Klarman acquired 156,000 PVG shares, corresponding to 0.03% of his holdings, at an average price of $7.21 last quarter.
DG Value Surges On Recovery Plays
According to a copy of the firm's February investor update, Dov Gertzulin's DG Value Partners returned +4.48% net for the month of February, which ValueWalk has been able to review. Q4 2020 hedge fund letters, conferences and more Following this performance, the firm has returned +8.32% net for the year to the end of February. Read More
Following Pretium Resources is Agnico Eagle Mines Ltd (NYSE:AEM). The gold mining company’s stock price shot up +18.29%, reaching $30.59, after reporting better-than-expected third quarter earnings. Billionaire John Paulson holds more than one million AEM shares, purchased at $62.65 each. AEM represents 0.20% of Paulson’s portfolio. Another investor with a position in AEM is Ray Dalio. With 104,000 shares, the stock represents 0.03% of his holdings. Dalio has paid an average price of $47.48 per share.
International Tower Hill Mines Ltd (NYSEMKT:THM) is another gold miner with a major gain today. The stock rose +12.50 to $0.42, putting a little more money into Paulson’s pocket. The billionaire holds 17.8 million shares, representing 0.07% of his holdings and bought at an average $2.78 per share.
It was a rough day for Fusion-IO, Inc. (NYSE:FIO), as the company’s stock price plunged -25.27% to $9.70. The cause: a poor earnings report. Billionaire David Tepper holds 1.5 million shares, representing 0.33% of his fund. This one hasn’t panned out great for Tepper – he paid an average price of $26.89 per share.
The second firm with a big drop today is Carter?s, Inc. (NYSE:CRI), which also reported earnings-related shortcomings. With four million shares, CRI represents 5.16% of Tiger Global’s portfolio. The fund paid an average price of $58.06 per share. George Soros also has CRI stakes. The investor holds 295,000 shares, representing 0.24% of his portfolio. Like Tiger Global, Soros paid a relatively low average price of $52.23 per share.
Last on our list is KKR Financial Holdings LLC (NYSE:KFN), which dipped -6.62% to $10.15. With more than 14 million shares (2.52% of his holdings), Leon Cooperman wasn’t likely very pleased with the news. He’s ahead with KKR overall, though, considering that he paid an average price of $8.37 per share.