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Ryan Cohen Reveals a Large JWN Stake

February 6, 2023

Both Icahn School of Medicine at Mount Sinai and CMLS Holdings LLC filed Form 4s for a combined amount of $40 million in GeneDx Holdings Corp $WGS.

Activist investor and retail industry entrepreneur Ryan Cohen took a stake in Nordstrom $JWN, sending the stock higher by more than 20% Friday.

Cohen is pushing to refresh the board and replace at least one former director. 

Here’s The Hot List, with data through February 3, 2023:

Horizon Kinetics Asset Management filed a Form 4 reporting a purchase of $123,139 in Texas Pacific Land Corp $TPLA

In the options market, there was bullish flow in Hertz Global Holdings $HTZ, The TJX Companies $TJX, and Chewy Inc $CHWY.

Stay tuned. We'll be back on Tuesday with more insider activity.

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All Star Charts Team