Jeff Ubben's activist hedge fund firm ValueAct Capital has filed a Form 4 with the SEC regarding their stake in Allison Transmission (ALSN). Per the filing, ValueAct has upped its stake due to portfolio activity in the first three days of October.
ValueAct bought a total of 550,000 shares at prices ranging from $28.07 to $28.43. After these purchases, Ubben's firm now owns over 18.575 million shares of Allison Transmission.
ALSN was analyzed in the most recent issue of our Hedge Fund Wisdom newsletter. Catch up on the investment thesis quickly by signing up to see why ValueAct is attracted to it.
Monday, October 6, 2014
ValueAct Capital Adds To Allison Transmission Holdings
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