On December 31, 2023, Nelson Peltz (Trades, Portfolio)'s firm executed a significant transaction involving Ferguson PLC, a leading distributor of plumbing and HVAC products. The firm reduced its stake in Ferguson by 430,714 shares, resulting in a 7.95% decrease in its holdings. This move had a 1.26% impact on the portfolio, adjusting the firm's total share count in Ferguson to 4,984,504, which now represents 14.83% of the portfolio and 2.50% of Ferguson's outstanding shares.
On December 31, 2023, Glenview Capital Management, led by Larry Robbins (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 1,500,000 shares of Myriad Genetics Inc (NASDAQ:MYGN). The trade had a 0.65% impact on the portfolio, bringing the position to 2.29% of the portfolio and 5.97% of the company's shares.
On December 31, 2023, Glenview Capital Management, led by Larry Robbins (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 1,972,212 shares of DXC Technology Co (NYSE:DXC). This transaction increased the firm's total holdings in DXC to 13,006,773 shares, marking a substantial vote of confidence in the IT services provider. The trade, executed at a price of $22.87 per share, had a 1.02% impact on the portfolio, bringing the position to 6.7% of the firm's holdings and 6.86% of DXC's outstanding shares.
Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway has made a significant addition to its holdings in Chevron Corp (NYSE:CVX), underscoring the firm's confidence in the energy sector. This transaction has brought Berkshire Hathaway's total share count in Chevron to 126,093,326, which now represents 5.96% of the firm's portfolio and 6.81% of Chevron's outstanding shares.
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.