Today’s midday gainers are Allied Nevada Gold Corp. (NYSEMKT:ANV), International Tower Hill Mines Ltd (NYSEMKT:THM), AngloGold Ashanti Limited (NYSE:AU) and midday losers are Icahn Enterprises LP (NASDAQ:IEP), Lumos Networks Corp (NASDAQ:LMOS), Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS).
Gold stocks on the rise
Today’s midday gainer is Allied Nevada Gold Corp. (NYSEMKT:ANV). The gold mining company increased +13.71% to $3.65. Billionaire John Paulson holds 1.5 million shares, representing 0.04% of his fund. The investor paid an average price of $32.18 per asset.
The following is our rough coverage of the 2021 Sohn Investment Conference, which is being held virtually and features Brad Gerstner, Bill Gurley, Octahedron's Ram Parameswaran, Glenernie's Andrew Nunneley, and Lux's Josh Wolfe. Q1 2021 hedge fund letters, conferences and more Keep checking back as we will be updating this post as the conference goes Read More
The second top-gaining stock of the day is International Tower Hill (NYSEMKT:THM), another gold mining firm. I rose +10.81% to $0.41. This is another hit for Paulson, who holds 8.9 million shares (0.02% of his fund), acquired for $4.77.
The third and final stock on the list is AngloGold Ashanti Limited (NYSE:AU), also in the gold mining business. The company was up +8.81%, reaching $13.20. With 31.4 million shares, AU represents 2.69% of Paulson’s fund. The investor paid an average price of $32.01 per asset. Another billionaire with a position in AU is Ray Dalio, who holds 204,000 shares (0.02% of his portfolio), acquired at an average $20.28.
On top of our midday losers list this Tuesday is Icahn Enterprises L.P. (NASDAQ:IEP). The stock dropped -9.16% to $134.93. This was, of course, a bad bit of news for Carl Icahn, who holds 100.4 million shares, representing 33.95% of his fund. The investor paid an average price of $82.95 per asset.
Following Icahn Enterprises LP is Lumos Networks Corp. (NASDAQ:LMOS), a telecom company. It dipped -6.47%, hitting $20.61. Billionaire George Soros owns 239,000 shares (0.06% of his fund), acquired for $18.40.
The last firm in our midday losers list is Sears Hometown and Outlet Stores, Inc (NASDAQ:SHOS). The retailer slipped -5.11% to $26.89. As of September, Edward Lampert holds 5.7 million shares (5.28% of his fund), purchased for $33.45.