Bill Ackman Brings in the Bucks with Beam Surge

Bill Ackman Brings in the Bucks with Beam Surge

Starting off the week strong are Beam Inc (NYSE:BEAM), ClickSoftware Technologies Ltd. (NASDAQ:CKSW), and Novavax, Inc. (NASDAQ:NVAX). Sodastream International Ltd (NASDAQ:SODA), Ply Gem Holdings Inc (NYSE:PGEM), FleetMatics Group PLC (NYSE:FLTX), however, find themselves on the losing end.

Beam is today’s top performing stock

On the top of our midday gainers list is Beam Inc (NYSE:BEAM), which shot up +24.03% to $83.07. Activist investor Bill Ackman holds a big 20.8 million-share-stake in BEAM (13.01% of his portfolio), his assets acquired at an average price of $48.25. Ray Dalio holds 11,000 shares.

21st Century Investing with The Investment Integration Project’s William Burckart

Yarra Square Investing Greenhaven Road CapitalValueWalk's Raul Panganiban interviews William Burckart, The Investment Integration Project’s President and COO, and discuss his recent book that he co-authored, “21st Century Investing: Redirecting Financial Strategies to Drive System Change”. Q1 2021 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors.

Following BEAM is ClickSoftware Technologies Ltd. (NASDAQ:CKSW), the share price of which increased +22.07 to reach $8.92. It composes 0.21% of George Soros’ portfolio, who holds three million shares.

Third on the list is biopharmaceutical company Novavax, Inc. (NASDAQ:NVAX), which increased +9.64% to $5.68. Soros holds more than 500,000 shares, acquired at an average price of $2.72 each and composing 0.02% of his portfolio.

Midday Losers

Topping off our midday losers list is Sodastream International Ltd (NASDAQ:SODA), which decreased -22.53% to $38.65. Tiger Global holds 400,000 shares of the beverage company (0.42% of the fund).

Second is Ply Gem Holdings Inc (NYSE:PGEM). The building products company dropped -16.89% today. As of September 2013, David Tepper owns 440,000 shares, purchased at an average $18.94.

Rounding out the list of losers this Monday is SaaS firm FleetMatics Group PLC (NYSE:FLTX), the share price of which fell -5.93. George Soros owns 42,000 shares of the company, composing 0.02% of his fund.

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