Author Carolina Mandl
The Hedge Fund with the Hedge Fund Bangalore/New York (Reuters) Viking Global has built a new position of $ 526 million in Planecker Boeing in the fourth quarter, with 2.9 million shares, and roughly doubled bets on JPMORGAN Chase, regulatory application showed Friday on Friday.
Boeing shares have increased by 3.92% to the present, but they are still worth 30% less than the peak in December 2023. The aircraft manufacturer is trying to revive the production that stifled the strike last year and the accident that caused concern about the safety of his jets.
In January, Boeing’s shares gathered after the company said it was progressing in production stabilization, despite a loss of $ 11.8 billion.
Some other investors are also a bet that the price of Boeing shares will increase. The Soros Fund Management, the family office of billionaire George Soros, increased its share of the plane, while Macro Hedge Fund Discovery Capital Management presented a new share.
Long/short protection fund has shown a new share of the General Motors car manufacturer, with 2.6 million shares worth $ 137.4 million.
Financially
Andreas Halvoren Hedge Fund has increased her bets on financial services, increasing his roles in JPMORGAN Chase, Bank of America and Charles Schwab.
JPMORGAN’s was the largest proportion of Viking in the amount of dollars at the end of December, worth $ 1.8 billion, showing the application. The Fund has doubled its share of 7.5 million shares.
He also had over $ 1 billion in positions at Bank of America and Schwab.
The fund positions were discovered in a quarterly subtitian of securities known as 13FS. Although they are looking backwards, these recordings show what funds are owned by the last day in the quarter and one of the few ways in which HEDGE FUNDS AND OTHER INSTITUTIONAL Investors must declare their positions. The tolerated does not indicate the exact time of shopping or sales and cannot reflect the current share.
(Reporting Caroline Mandl in New York)
