Apple Computer is still a substantial position for the gurus, among the top 10% of their portfolio holdings, even after a hefty trimming.
In the month since it was first disclosed that Icahn had taken a substantial position in the media company, its shares have surged nearly $2, or 12%–a nice profit for anyone fortunate enough to have owned it from the get-go.
Short-sellers have taken a substantial position in the stock, a signal that some investors doubt the company's potential.
A month earlier, Slim had taken a substantial position in the Times Company.
In 2010, he said he acquired a "substantial position in the company" and used it to persuade management to sell assets, closing a funding shortfall and slowing land purchases.
The regulator alleges that the defendants purchased substantial positions in the physical market for West Texas Intermediate oil to give the impression of a shortage, and at the same time bought oil futures to profit from the subsequent rise in prices.
Cephalon : A bullish option investor in drug maker Cephalon appears to have rolled a substantial position Tuesday from the soon-to-expire February contract to the May contract.
The study was made after Jana Partners, an activist hedge fund that amassed a substantial position in Qualcomm stock, formally asked Qualcomm to consider the split in April, along with cost-cutting and changes in executive compensation, among other things.
In a letter to Berkshire's shareholders, Buffett defends Sokol by saying that Sokol notified Buffett of his substantial position in Lubrizol prior to Buffett's decision to acquire the company, and that Sokol had no authority to give final approval for acquisitions at Berkshire.
Through his brother Marty, who worked in body engineering at Ford, he made contact with a man named John Ciupak, who he believed "had a substantial position in windshield wipers," and Ciupak said he should come over to the engineering complex in Dearborn, Ford's headquarters.
