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Singapore's Sovereign Wealth Fund Loads up on Affirm

April 22, 2022

The largest insider buy on today's list is a Form 4 filing by Jan Barta of Pale Fire Capital.

Barta now owns 2,658,550 shares of Groupon $GRPN, which represents an ownership stake of approximately 9%.

Bradley Radoff, director of Fondren Management LP, filed a 13D revealing a 5.6% ownership stake in the oil and gas equipment and services company Newpark Resources $NR.

Here’s The Hot List, with data through April 21, 2022:

There was also a large Form 4 filing by Singapore’s sovereign wealth fund GIC Private LTD.

It reported a purchase of 134,197 shares worth roughly $4.6 million in the financial technology company Affirm Holdings $AFRM.

Interestingly, there was also bearish options flow in May’s monthly puts for AFRM.

There was bullish options flow in the retail pharmacy chain Walgreens Boots Alliance $WBA (for the second time this week) as well as the online lodging and vacation rental platform Airbnb $ABNB.

Have a great weekend. We'll be back Monday with more insider action.

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All Star Charts Team