On December 31, 2023, Paulson & Co., led by renowned investor John Paulson (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 23,541,483 shares of Novagold Resources Inc (NG). The shares were purchased at a price of $3.74, reflecting a strong belief in the future prospects of the mineral exploration company. John Paulson (Trades, Portfolio), the President and Portfolio Manager of Paulson & Co. Inc., is a prominent figure in the investment world.
Warren Buffett (Trades, Portfolio)'s investment firm, Berkshire Hathaway, has recently expanded its portfolio by purchasing a new holding in Liberty Media Corp Junk (NASDAQ:LLYVA). On August 3, 2023, the firm acquired 5,051,918 shares in the media conglomerate. This transaction marks a new investment avenue for Berkshire Hathaway, although the trade impact on the portfolio and the trade price data are currently not applicable.
Steven Cohen (Trades, Portfolio)'s firm, Point72 Asset Management, has recently made a notable adjustment in its investment portfolio by reducing its stake in Protagonist Therapeutics Inc (NASDAQ:PTGX). This transaction has altered the firm's position in the biopharmaceutical company, reflecting a strategic move by the investment giant.
The transaction, which took place on December 31, 2023, involved the acquisition of 75,537 shares at a trade price of $8.14 per share. This strategic move has expanded Viking Global's holding to a total of 2,531,829 shares in Verastem Inc, reflecting the firm's confidence in the company's future prospects.
Overview of Steven Cohen (Trades, Portfolio)'s Latest Investment Move Steven Cohen (Trades, Portfolio)'s Point72 Asset Management has recently increased its stake in Health Catalyst Inc (NASDAQ:HCAT), a notable player in the healthcare data analytics space. This transaction has a minor impact of 0.01% on the overall portfolio, yet it signifies a growing interest from Cohen's firm in the healthcare sector. Steven Cohen (Trades, Portfolio) and Point72 Asset Management Steven A. Cohen, the Chairman and CEO of Point72, is a prominent figure in the investment world, with a career spanning over four decades.