Andreas Halvorsen's hedge fund Viking Global Investors just disclosed a short position in overseas markets. Viking has revealed they are short 0.38% of the shares outstanding in the KBC Groep NV (OTCPK:KBCSY). This disclosure seems to fall under the new regulatory rules regarding revelations of positions in financials in foreign markets.
KBC Groep NV is a Belgium-based company engaged in banking, insurance and wealth management for private banking clients, retail customers and medium-sized enterprises. It has expertise in asset management and the financial markets. The Company’s activity is composed of five divisions: the Belgium, the Central & Eastern Europe and Russia (CEER), the Merchant Banking, the European Private Banking, and the Shared Services & Operations business units.
Disclosure: No position