To take advantage of cheap assets, the New York-based hedge fund invests heavily across the capital structure. Stocks and equity-linked securities, as well as corporate bonds and secured bank loans, are included in this category. Sound Point had investments in many mid-cap companies, including Maxar Technologies Inc. and Lions Gate Entertainment Corp., as of the fourth quarter of 2021.
Insider Monkey considered stocks to buy now from Ketchum’s 13F portfolio. Telesat Corporation reported C$187.49 million in revenue, down 7.1 percent from the previous quarter. 19 hedge funds in Insider Monkey’s database had positions worth $667.26 million at the end of the fourth quarter of 2021. In the fourth quarter, Sound Point Capital added 140,000 shares of National CineMedia, Inc. to its portfolio. NCM advertising can be seen in movie theaters, on the internet, and on mobile devices in the United States. On January 25, Telsey Advisory analyst Sarang Vora began coverage of SilverBox Engaged Merger Corp with an Outperform rating. The hedge fund invested $406,000 in the company, which accounts for 1.43 percent of its 13F portfolio. Clear Channel Outdoor Holdings, Inc. is a provider of outdoor advertising services. With a $70.37 million investment, Mason Capital Management is the largest stakeholder. The company was created in 2020 and is based in New York, New York. Mudrick Capital Acquisition Corporation II specializes in bringing two or more companies together through mergers, asset acquisitions, stock exchanges, reorganizations, stock purchases, and other corporate combinations. For more details, click 10 Stocks To Buy Now According To Steve Ketchum’s Sound Point Capital.