Hudson Executive Capital: New Activist Holdings
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The relatively new activist hedge fund, ran by former JPMorgan executives, has filed its 13F, revealing its holdings. We knew about a couple, like Heartware and CIT Group, but others are interestingly new.
Comerica is its biggest bet, owning .75% of the company and having ~20% of its portfolio in the name. Then there's its Tenet Healthcare bet - 2nd largest holding - owning 1.5%.
The idea of Hudson is to work with companies and to never wage a proxy battle. It also only plans to target companies with a market cap of $15bn or less.