As a new weekly feature here at The Acquirer’s Multiple, we’re going to take a look at the latest activist positions from some of our favorite superinvestors based on their latest 13D/13G filings. Activist investors like Warren Buffett, Carl Icahn, David Einhorn, Bill Ackman, Paul Singer, Howard Marks. John Paulson, Mario Gabelli, and Dan Loeb.
Difference Between 13D And 13G Filings
Schedule 13D is an SEC filing that must be submitted to the US Securities and Exchange Commission within 10 days by anyone who acquires beneficial ownership of more than 5% of any class of publicly traded securities in a public company. If the investor intends to influence management they are considered to be an activist investor and required to file a 13D. If the investor does not intend to influence management they are considered to be a passive investor and required to file a 13G.
This week we’ll take a look at Howard Marks. The current market value of his portfolio is $5,304,503,000. Take note of the filing type 13D (activist), 13G (passive). Also included is the current ownership stake in the target company.
Latest Activist Positions
|Filing Date||Filing Type||Target Company||Shares Owned||Ownership %|
|02‑14-2020||13G/A||BRRP / Berry Pete Corp||12,913,313||15.9|
|02‑14-2020||13G/A||RSO / Resource Capital Corp.||3,124,298||9.8|
|02‑14-2020||13G/A||NMIH / Nmi Holdings Inc||4,400,000||9.5|
|02‑14-2020||13G/A||MX / MagnaChip Semiconductor Corp||3,170,729||9.2|
|02‑13-2020||13G/A||VRSZ / Verso Corporation||199,951||0.6|
|02‑13-2020||13G/A||CRK / Comstock Resources, Inc.||Closed||0|
|01‑30-2020||13D/A||FSC / Fifth Street Finance Corp.||19,930,860||14.1|
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