Michael Burry’s Latest Moves, $NN’s Investment Case, Ackman’s $HHH Proposal, and More
Welcome back to the BBAE Blog, your trusted source for the latest investment insights and analyses from the BBAE team. This week, we’re excited to share some highlights that will keep you informed and ahead of the market. Don’t forget, some of our most valuable insights are available exclusively in the BBAE Pro app—download it now to unlock full access!
- Michael Burry – Portfolio Update – Q4 2024
- Laughing Water Capital: NextNav ($NN) Investment Case
- $CMCO CEO Buys Shares After Earnings Drop
- Trending Tickers: Nvidia’s $WRD Stake, Ackman’s $HHH Plan, and Microsoft’s Majorana 1 Chip
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Michael Burry – Portfolio Update – Q4 2024
Michael Burry’s Q4 2024 portfolio shows a return to his high-turnover strategy, with several new positions added, the most for 2024 so far. He continues to focus on Chinese tech stocks, with Alibaba ($BABA), JD.com ($JD), and Pinduoduo ($PDD) now making up over 50% of his portfolio. Burry’s positions in Alibaba and JD have been adjusted, with reductions in both, while he initiated a new stake in Pinduoduo. A notable addition to his portfolio is Estée Lauder ($EL), where he sees potential for a turnaround despite the company’s recent struggles. For a closer look at his latest moves and adjustments, read the full article here.
Laughing Water Capital: NextNav ($NN) Investment Case
Laughing Water Capital’s Q4 2024 investment case for NextNav Inc. (NN) highlights the company’s strong position in the next-gen GPS and 5G spectrum space, driven by its petition to the FCC for approval to create a terrestrial GPS system and secure valuable spectrum. Despite recent stock pressure due to private equity fund sell-offs, LWC remains confident in the company’s long-term potential, noting the strategic importance of terrestrial GPS for national security and spectrum refilling. While regulatory uncertainty remains, LWC believes the petition process is negotiable and expects significant upside as the FCC decision progresses, positioning NextNav as an undervalued opportunity in the tech and communications sector. Read the full article here.
$CMCO CEO Buys Shares After Earnings Drop
David J. Wilson, CEO of Columbus McKinnon ($CMCO), bought 10,857 shares at $20.50 each, totaling $223K. This purchase boosted his holdings by 4.2%. The move follows disappointing earnings results and an acquisition plan of Kito Crosby. According to InsiderEdge data, Wilson has a proven track record of insider transactions. For full transaction details and the CEO’s insider record, click here.
Trending Tickers: Nvidia’s $WRD Stake, Ackman’s $HHH Plan, and Microsoft’s Majorana 1 Chip
This week, several stocks caught attention with notable developments:
- Nvidia ($NVDA) Invests in WeRide ($WRD):
Nvidia disclosed a $25 million stake in WeRide, an autonomous driving company in China. WeRide’s stock surged over 80% following the news, pushing its market cap to $8 billion. - Bill Ackman’s Proposal for Howard Hughes ($HHH):
Ackman’s Pershing Square proposed acquiring 10 million newly issued shares of HHH, increasing its stake to 48%. The proposal includes a significant investment to help transform HHH into a diversified holding company, with Ackman taking the role of Chairman and CEO. - Microsoft ($MSFT) Unveils Majorana 1 Quantum Chip:
Microsoft unveiled the Majorana 1 chip, a new quantum computing breakthrough. The chip’s use of topological qubits is expected to offer greater stability, marking an important step in advancing practical quantum computing technology.
Read the full Weekly Highlights article here.
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. BBAE has no position in any investment mentioned.
