FREEW - Top Merger Stocks Held By Fund Managers Mid-Q2 2024
2024-05-19 01:40:13 ET
Summary
- Top M&A stocks of the 32 funds I follow.
- US Steel, the top stock held by merger-focused funds.
- Juniper Networks the second top stock.
The thing about merger arbitrage is that it is always changing. Sometimes it seems easy for deals to complete, sometimes the IRR is decent, sometimes regulatory issues are benign. And then at times, it seems like deal spreads are either not much more than the risk-free rate of return, or they trade like deal bust is inevitable. Well, all we can do is navigate the landscape as best as we can, changing with the M&A winds....
Top Merger Stocks Held By Fund Managers, Mid-Q2 2024