On January 31, 2024, Murray Stahl (Trades, Portfolio)'s investment firm Horizon Kinetics made a notable adjustment to its investment portfolio by reducing its stake in Texas Pacific Land Corp (NYSE:TPL). The transaction involved the sale of 75,126 shares at a price of $1,461.33 each. After the transaction, the firm held a total of 1,287,085 shares, representing 38.08% of the portfolio and 16.77% of the firm's holdings in TPL.
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 December 31, 2023, Chuck Royce (Trades, Portfolio)'s firm made a notable adjustment to its investment portfolio by reducing its stake in International General Insurance Holdings Ltd (NASDAQ:IGIC). This move had a -0.08% impact on the portfolio, with IGIC now representing 0.49% of the total investments and the firm's ownership in IGIC standing at 8.07%. Charles M. Royce, a renowned figure in the investment community, has been at the helm of Royce Pennsylvania Mutual Fund since 1972.
On December 31, 2023, Chuck Royce (Trades, Portfolio)'s firm made a notable adjustment to its investment portfolio by reducing its stake in Insteel Industries Inc. (NYSE:IIIN). The transaction involved the sale of 120,780 shares, which resulted in a 12.76% decrease in the firm's holdings in the company. Following the transaction, the firm's total share count in Insteel Industries stood at 826,134, representing a 0.32% portfolio position and a 4.25% ownership in the company.
On December 31, 2023, Chuck Royce (Trades, Portfolio)'s firm made a notable move in the stock market by reducing its stake in Chicken Soup for the Soul Entertainment Inc (NASDAQ:CSSE). Charles M. Royce, a distinguished figure in the investment world, is celebrated for his pioneering work in small-cap investing. As the portfolio manager for Royce Pennsylvania Mutual Fund since 1972, Royce has demonstrated a consistent commitment to value investing.