Tudor Adds to Virgin Media, Yahoo Stakes in Fourth Quarter
Tudor bought 1.36 million shares of Virgin Media bringing its total stake to 1.65 million shares as of Dec. 31, according to a filing today with the U.S. Securities and Exchange Commission. The firm added 1.06 million shares of Yahoo, boosting its holding in the Sunnyvale, California-based company to 1.16 million shares.
Tudor sold stakes in exchange-traded funds that track gold, Japanese and U.S. equities during the fourth quarter. The fund sold 200,000 shares of the SPDR Gold Trust (GLD), valued at $31.6 million, 5.2 million shares in the iShares MSCI Japan Index fund, worth $49.2 million, and 104,000 shares in the SPDR Standard & Poor’s 500 ETF Trust with a value of $11.8 million, according to the filing.
Patrick Clifford, a spokesman for Greenwich, Connecticut- based Tudor, declined to comment.
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