{"id":56205,"date":"2017-01-23T08:15:02","date_gmt":"2017-01-23T13:15:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56205"},"modified":"2017-01-23T08:15:02","modified_gmt":"2017-01-23T13:15:02","slug":"this-hedge-fund-bought-3-billion-of-abb-ltd-stock-should-you-too","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2017\/this-hedge-fund-bought-3-billion-of-abb-ltd-stock-should-you-too.html","title":{"rendered":"This Hedge Fund Bought $3 Billion of ABB Ltd Stock: Should You, Too?"},"content":{"rendered":"<p>(Fox Business) According to SEC filings, Swedish activist hedge fund Cevian Capital held more than 132 million shares of ABB Ltd. (NYSE: ABB) in September, worth around $3 billion at today&#8217;s pricing. That&#8217;s 6.2% of the of the utility, industrial and transportation-focused company&#8217;s shares, and it signals Cevian&#8217;s determination to unlock value from ABB&#8217;s portfolio of companies&#8230;<\/p>\n<p><a href=\"http:\/\/www.foxbusiness.com\/markets\/2017\/01\/20\/this-hedge-fund-bought-3-billion-abb-ltd-stock-should-buy-too.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Fox Business) According to SEC filings, Swedish activist hedge fund Cevian Capital held more than 132 million shares of ABB Ltd. (NYSE: ABB) in September, worth around $3 billion at today&#8217;s pricing. That&#8217;s 6.2% of the of the utility, industrial [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56205","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56205"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56205\/revisions"}],"predecessor-version":[{"id":56206,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56205\/revisions\/56206"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}