Idea Thesaurus #2
Idea Thesaurus #2
Weekly Idea Generation Repository - March 23, 2024
Welcome to The Tiger’s Prey and the 2nd issue of the Idea Thesaurus!
In this week’s Idea Thesaurus spreadsheet, you’ll find a comprehensive compilation of 398 stock entries. For a detailed breakdown, both in text and as a PNG, please refer to the section below. The file, which you can freely share with your friends and colleagues, is accessible through the following "Download" button:
For the week ended Saturday, Mar 23, 2024, there have been a total of 398 stock entries, o/w:
SUPERINVESTORS: 72 stocks from 11 hedge fund portfolios w/ ≤ 50 positions and ≥ 0.5% portfolio weight and investor letters, o/w:
SUPERINVESTOR PORTFOLIO UPDATES: [This section had no entries this week]
INVESTOR LETTER MENTIONS: 72 stocks mentioned w/ a directional stance across 11 investor letters.
ACTIVISTS: 13 stocks from 13 activist investors and activist short sellers, o/w:
ACTIVIST HEDGE FUND PRESENCE: 7 stocks targeted by 7 activist investors w/ 7 13D activist filings.
ACTIVIST SHORT CAMPAIGNS: 6 stocks targeted by 6 activist short sellers w/ 2 new and 4 updated campaigns.
INSIDERS: 174 stocks from 250 corporate insiders and politicians, o/w:
INSIDER BUYING: 168 stocks bought by 245 insiders, including 22 cluster buys, at an avg value of $811k, totaling $136.2mm.
POLITICIAN TRADING: 6 stocks traded by 5 politicians w/ 5 buys and 1 sell at an avg value of $84k.
WRITE-UP PLATFORMS: 32 stocks from an equivalent number of investment write-ups w/ 27 long, 4 short and 1 N/A pitches, o/w:
VALUE INVESTORS CLUB (VIC): 20 stocks featured w/ 17 long and 3 short pitches published w/ a 45d delay, avging a +7.0% return (adj. for shorts).
SUMZERO: 12 stocks published w/ 10 long, 1 short and 1 N/A pitches, avging a -0.9% return (adj. for shorts).
SPECIAL SITUATIONS: [This section had no entries this week]
SPINOFFS: [This section had no entries this week]
MERGERS & ACQUISITIONS: [This section will be covered in future issues]
CASH DISTRIBUTIONS: 16 stocks w/ share buyback announcements and dividend commencements or suspensions, o/w:
STOCK BUYBACKS: 16 stocks w/ share buyback announcements at an avg % of mkt cap of 10.5%, totaling $9.8bn, at current mkt data.
DIVIDENDS: [This section will be covered in future issues]
PUBLIC OFFERINGS: 15 stocks w/ announced and completed IPOs and SPAC deals, o/w:
INITIAL PUBLIC OFFERINGS (IPOS): 11 IPOs w/ 5 announced, o/w 1 priced, and 6 completed and avg proceeds of $326m, totaling $2.0bn.
SPACS & DIRECT LISTINGS: 4 SPAC deals w/ 1 target announcement and 3 de-SPACs, avging a -51.4% return.
STOCK MODIFICATIONS: 16 stocks w/ announced and completed splits, reverse splits and stock symbol changes, o/w:
STOCK SPLITS: 13 stocks w/ 1 completed split and 4 announced and 8 completed reverse stock splits (avg reverse split ratio of 1:36).
STOCK TICKER CHANGES: 3 stocks w/ stock ticker changes (2 more covered in the public offerings section).
MISCELLANEOUS: 60 stocks w/ officer resignations, terminations or appointments and index additions or removals, o/w:
EXECUTIVE MOVES: 36 stocks w/ 17 CEO moves, 16 CFO moves and 3 w/ both CEO and CFO moves.
INDEX RECONSTITUTIONS: 24 stocks w/ 8 index additions, 8 index deletions and 8 w/ both index additions and deletions.
Happy bargain hunting!