On December 31, 2023, Donald Smith & Co (Trades, Portfolio) made a notable adjustment to its investment portfolio by reducing its stake in Hooker Furnishings Corp (NASDAQ:HOFT). The firm sold 977 shares of the furniture company, which resulted in a 0.09% change in the total shares held. Donald Smith & Co (Trades, Portfolio), founded by the late Donald G. Smith, has been a prominent player in the investment world since 1980.
Donald Smith & Co (Trades, Portfolio)., a firm known for its value investing approach, has recently increased its stake in Tutor Perini Corp (NYSE:TPC), a prominent player in the construction industry. The firm's investment philosophy is deeply rooted in a bottom-up, deep-value approach, focusing on out-of-favor companies trading at discounts to tangible book value.
On February 2, 2024, Point72 Asset Management, led by renowned investor Steven Cohen (Trades, Portfolio), executed a significant buy action, acquiring 1,612,639 shares in Sagimet Biosciences Inc (NASDAQ:SGMT). The addition of these shares to Point72's portfolio represents a 0.05% impact, with the firm now holding a 5.30% stake in Sagimet Biosciences Inc.
On the last day of 2023, Chuck Royce (Trades, Portfolio)'s firm made a notable addition to its investment portfolio by increasing its stake in Vishay Precision Group Inc (NYSE:VPG). This move had a 0.04% impact on the portfolio, bringing the total share count in VPG to 883,141 and representing a 0.31% position in the portfolio. Notably, the firm now holds a 7.06% equity stake in VPG.
On December 1, 2023, Baillie Gifford (Trades, Portfolio), a renowned investment management firm, made a significant adjustment to its investment in Coursera Inc (NYSE:COUR), an established player in the online education sector. The firm reduced its holdings by 1,670,372 shares, resulting in a 6.47% change in its stake in the company. This transaction had a minor impact of -0.03% on Baillie Gifford (Trades, Portfolio)'s portfolio, with the shares being traded at a price of $20.21 each.