Today’s midday gainers are Idenix Pharmaceuticals Inc (NASDAQ:IDIX), TAL Education Group (ADR) (NYSE:XRS), PDC Energy Inc (NASDAQ:PDCE). The midday losers: Apple Inc. (NASDAQ:AAPL), International Tower Hill Mines Ltd (NYSEMKT:THM) and Enzon Pharmaceuticals Inc (NASDAQ:ENZN).
Idenix Pharmaceuticals is today’s top gainer
Topping off our midday gainers list this Tuesday is Idenix Pharmaceuticals Inc (NASDAQ:IDIX), which shot up +14.35% to reach $7.86. Billionaire Seth Klarman holds 39.8 million shares of the pharmaceuticals company – nearly 4.5% of his portfolio. According to his 13F filings, Klarman has been increasing his position in IDIX since June 2011.
Steamboat Capital Explains Why Shorting Has Gotten So Dangerous
Steamboat Capital was down 6.93% net for the fourth quarter, bringing its year-to-date return to 7.3%. The S&P 500 was up 12.15%, while the Russell 2000 gained 31.37%, and the Credit Suisse Hedge Fund Index was up 6.38% for the fourth quarter. Q4 2020 hedge fund letters, conferences and more In his fourth-quarter letter . Read More
Following Idenix Pharmaceuticals Inc (IDIX) is TAL Education Group (ADR) (NYSE:XRS), its stock price increasing +13.65% today. Two of the billionaires tracked by iBillionaire hold positions in this company: Tiger Global, which owns 3.5 million shares (1.08% of the fund), and Richard Chilton, with 40,000 assets (less than 1% of his portfolio).
Rounding out today’s list is PDC Energy Inc (NASDAQ:PDCE), which surged +12.10% to $50.72. Brazilian billionaire Jorge Lemann is the owner of 100,000 shares of the energy company (a 0.63% exposure). And George Soros holds an additional 100,000 assets, acquired at an average $55.90 each.
Apple loses with its sales report
Tech giant Apple Inc. (NASDAQ:AAPL) took a dive today following the release of a disappointing sales report yesterday afternoon. It dropped -7.88% to $507.12. AAPL is a favorite among a number of our billionaires, especially David Einhorn, who owns 2.39 million shares (20.29% of his portfolio). Activist investor Carl Icahn holds 2.39 million shares of the company as well. Other investors with a position in AAPL are David Tepper (a 1.85% exposure), George Soros (0.34%), Ray Dalio (0.10%) and Richard Chilton (0.01%).
Second is International Tower Hill Mines Ltd (NYSEMKT:THM), its share price decreasing -5.06% to hit $0.60. The only billionaire tracked by iBillionaire with a position in the mineral company is John Paulson, who acquired his nearly nine million shares at an average price of $4.77 each.
Last up is Enzon Pharmaceuticals Inc (NASDAQ:ENZN), which dropped -2.76% today. Seth Klarman owns 4.3 million ENZN shares – 0.26% of his fund. Carl Icahn has nearly six million shares.