This Billionaire's Hedge Fund Sold an E-Commerce Stock Before a 47% Rally-And Bought This Instead
Briefly

from 24/7 Wall St.1 month ago
Paul Marshall's hedge fund, Marshall Wace LLP, faced substantial financial challenges in the latest fiscal year, with revenue dropping £432 million to £768 million. Despite these setbacks, the firm's significant holdings and KKR's nearly 40% ownership provide a buffer. In the latest quarter, the firm engaged in over 3,000 trades, emphasizing a shift from e-commerce to the packaging sector with notable investments in Smurfit WestRock following a merger. This transition aims to foster long-term wealth through dividend-oriented investments.
Marshall Wace's portfolio saw significant churn in Q3 2024, with over 3,000 trades, marking a strategic realignment towards the packaging industry.
24/7 Wall St.https://247wallst.com/investing/2025/02/07/this-billionaires-hedge-fund-sold-an-e-commerce-stock-before-a-47-rally-and-bought-this-instead/
Despite a significant revenue drop of 432 million British pounds, Marshall Wace remains resilient thanks to KKR's substantial ownership and diversified investments.
24/7 Wall St.https://247wallst.com/investing/2025/02/07/this-billionaires-hedge-fund-sold-an-e-commerce-stock-before-a-47-rally-and-bought-this-instead/
Read at 24/7 Wall St.
#hedge-funds #investment-strategies #stock-market #financial-performance #packaging-industry
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