Long/Short Equity, Deep Value, Special Situations, Growth
Contributor Since 2012
At Activist Stocks we use hedge funds and activist investors to find actionable investing ideas. That is, stocks with catalysts to unlock and generate shareholder value. Activist Stocks also offers a catalyst and event-driven idea forum for investors looking for unique idea generation, Catalyst-Driven Small-Caps, where I share daily activist and turnaround insights and deep dives.
In late January, Southeastern Asset Management announced that it has further downsized its Vulcan Materials (NYSE:VMC) position by 16%. Southeastern now owns 8.26 million shares, or 6.4%, of Vulcan. This is a big change from Southeastern's third quarter investing thesis, where the firm had Vulcan as its fifteenth largest 13F holding and owned over 12.1 million shares (read more about it here). It appears that Southeastern is betting against Vulcan based on both industry concerns and over-valuation.