These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from Oct. 3 through Oct. 9, 2024. Source: VerityData
Original Filings
PBF Energy Mexican billionaire Carlos Slim filed an initial 13D form at the petroleum refiner, shifting to the stance of an activist investor from previous disclosures using the 13G, a form used by passive investors. In the latest filing, Slim reported that he purchased 5,689,800 PBF Energy shares from Aug. 1 through Sept. 30 at prices ranging from $30.63 to $39.60 each. Following the purchases, Carlos Slim now owns 23,462,398 PBF Energy shares, equal to a 20% stake. Shares of PBF Energy have lost about 24% during the year.
Increases in Holdings
Gold Reserve Camac Fund LP increased its stake in the gold miner to 18,527,103 shares. Camac purchased 200,200 Gold Reserve shares from Sept. 30 through Oct. 1 at prices ranging from $1.59 to $1.64 each. Following the purchases, Camac now owns 16.4% of Gold Reserve's outstanding stock.
Decreases in Holdings
Diebold Nixdorf Beach Point Capital Management LP lowered its stake in the financial and retail technology company to 2,043,666 shares. Beach Point sold 100,810 Diebold Nixdorf shares from Aug. 28 through Oct. 1 at prices ranging from $43.29 to $46.08 apiece. Following the latest sales, Beach Point Capital Management continues to own 5.4% of Diebold Nixdorf's outstanding stock. Shares of Diebold Nixdorf have gained roughly 57% year to date.
Scholar Rock Holding Samsara BioCapital LP lowered its stake in the biopharmaceutical company to 6,757,255 shares. Samsara BioCapital did so through the open market sale of 1,175,713 Scholar Rock Holding shares on Oct. 7 at prices ranging from $27.50 to $32.50 apiece. Following the latest sales, Samsara BioCapital continues to own 8.3% of Scholar Rock Holding's outstanding stock.
Zurn Elkay Water Ice Mountain LLC decreased its stake in the water-systems-services company to 23,711,330 shares. Ice Mountain did so through the sale of 1,594,768 Zurn Elkay Water shares from April 5 through July 2 at prices ranging from $29.00 to $32.98 each. Following the sales, Ice Mountain now owns a 13.9% stake in Zurn Elkay Water. Ice Mountain also disclosed a shift to passive investment intent in a 13G filing on Oct. 2 from previous disclosures in an active 13D.
Bel Fuse Gamco Investors decreased its stake in the electronic components manufacturer to 266,051 shares. Gamco Investors did so through the sale of 21,087 Class B Bel Fuse shares from Sept. 20 through Oct. 4 at prices ranging from $97.50 to $103.93 each. Following the latest sales, Gamco Investors continues to own 12.6% of Bel Fuse's outstanding Class B stock. Shares of Bel Fuse have gained roughly 22% year to date.
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October 11, 2024 18:30 ET (22:30 GMT)
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