These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed by significant investors with no intention of influencing management (such as Index funds).
There is always a lot of interest in insider trades, but what a lot of people probably don’t realize is that hedge fund activity is probably more predictive of future returns than insider activity. The reason is that hedge funds (a) have large research budgets, and (b) have a choice where to put their money. In contract, insiders have no choice where to put their money, but only when to time their transactions.
This table lists new 13D filings in the last week. A new filing does not necessarily indicate a new position, as investors frequently accumulate in advance before reaching the filing threshold.
|09‑07||13D||CBB / Cincinnati Bell, Inc.||ARES MANAGEMENT LLC||2,667,692||5.3%|
|09‑07||13D||JMBA / Jamba, Inc.||GAMCO INVESTORS, INC. ET AL||446,929||2.86%|
|09‑07||13D||LOAC / Longevity Acquisition Corp||Whale Management Corp||1,400,000||25.8%|
|09‑05||13D||VPCO / Healthier Choices Management Corp||Ollet John||7,750,000,000||11.91%|
|09‑05||13D||PERY / Ellis Perry International, Inc.||WATER ISLAND CAPITAL LLC||867,606||5.468%|
|09‑05||13D||DAVE / Famous Dave’s of America, Inc.||Philotimo Fund, LP||1,491,197||16.4%||1.86|
|09‑05||13D||APRI / Apricus Biosciences, Inc.||Sarissa Capital Management LP||1,152,455||4.8%|
|09‑04||13D||OSPR / Osprey Energy Acquisition Corp.||Blackstone Holdings III L.P.||35,197,643||43.4%|
|09‑04||13D||TZACU / Tenzing Acquisition Corp.||Tenzing Llc||1,924,250||23.3%|
This table lists amended filings in the last week, and is useful for monitoring changes in existing investments or when a fund closes a position. I have eliminated all filings with less than a 5% change in ownership.