BLUE WHALE GROWTH: Fund's prediction... a fall in share prices of US big tech By JEFF PRESTRIDGE Updated: 16:51 EST, 28 December 2024 e-mail View comments Investment fund Blue Whale Growth has made a lot of money for investors since its launch more than seven years ago – and manager Stephen Yiu is determined to keep the impressive track record going. The £1.2 billion fund, backed by billionaire Peter Hargreaves, has delivered a total return of 162 per cent since launching in September 2017 – equivalent to an annual return of more than 14 per cent, net of fees. Yet Yiu is not resting on his laurels. His aspiration is to deliver annual returns of 15 per cent, although not in a straight line. Though running a tight portfolio, comprising just 26 global stocks and one which remains fully invested at all times, Yiu is not frightened to make big calls. Unlike some global fund managers, Blue Whale Growth is light on the 'magnificent seven' US stocks – big drivers of the US stock market in recent years – and big on 'idiosyncratic' companies which he believes have businesses capable of withstanding any economic slowdown or sharp market corrections. Currently, the fund only holds shares in magnificent seven stocks Nvidia (8 per cent), Meta (3 per cent) and Microsoft (1.5 per cent). 'We do not own Alphabet, Amazon, Apple or Tesla,' says Yiu. 'In effect, we are overweight in Nvidia and short on the other magnificent six.' This time last year, the respective holdings in Nvidia, Meta and Microsoft were 9, 4 and 8 per cent. Yiu's view is that the 'narrative could change' next year for the magnificent seven – chipmaker Nvidia excepted – as revenues are eroded by vast expenditure on artificial intelligence (AI). This, he says, could lead to corrections in their share prices and a 'year of reckoning' for funds that track the Standard & Poor's 500 Index, of which the big technology stocks are a key component. RELATED ARTICLES Previous 1 Next ALLIANCE WITAN: Merger gives investment trust coveted place... Will the UK stock market be the one to back in 2025? Shares... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account Unlike active funds such as Blue Whale Growth, such tracker or passive funds cannot reduce their exposure to the big tech giants ahead of any sell-off. 'They must hold the S&P 500,' he says. 'Maybe, next year, we could see a rejuvenation of investor interest in active funds generally.' Blue Whale Growth has exposure to the AI theme beyond the magnificent seven. It has key holdings in US companies Broadcom (its biggest holding) and Vertiv. 'Broadcom,' says Yiu, 'could be the new Nvidia in terms of outperforming the rest of the market.' Yet Yiu also has big stakes in companies that he describes as 'idiosyncratic' – businesses that should grow irrespective of the prevailing economic conditions. Among them is US-listed sports betting and gaming company Flutter which Yiu says is on a 'great journey' as more American states legalise sports gambling. 'American consumers like their sport and their gambling,' he adds. Other idiosyncratic holdings include German company Sartorius and US-listed Danaher, both making waves in bioprocessing. There is also US tobacco stock Philip Morris which has diversified into nicotine pouches and smoke-free alternatives to conventional cigarettes. Blue Whale Growth's success means, provided the fund finishes the year above £1billion, it will rebate one per cent of its annual management charge to investors. Most investors in this fund pay an annual management charge of 0.75 per cent, so the rebate will drop this fee to 0.7425 per cent. It will be cut by another one per cent if – 'when' (Yiu's word) – the fund gets to £2 billion. While three-quarters of the fund's assets are exposed to US-listed shares, only 40 per cent of the revenues generated by all the holdings are from the US. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. 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NEW HOPE, Pa. (AP) — Dayle Haddon, an actor, activist and trailblazing former “Sports Illustrated” model who pushed back against age discrimination by reentering the industry as a widow, has died in a Pennsylvania home from what authorities believe was carbon monoxide poisoning. Authorities in Bucks County found Haddon, 76, dead in a second-floor bedroom Friday morning after emergency dispatchers were notified about a person unconscious at the Solebury Township home. A 76-year-old man police later identified as Walter J. Blucas of Erie was hospitalized in critical condition. Responders detected a high level of carbon monoxide in the property and township police said Saturday that investigators determined that “a faulty flue and exhaust pipe on a gas heating system caused the carbon monoxide leak.” Two medics were taken to a hospital for carbon monoxide exposure and a police officer was treated at the scene. As a model, Haddon appeared on the covers of Vogue, Cosmopolitan, Elle and Esquire in the 1970s and 1980s, as well as the 1973 Sports Illustrated swimsuit issue. She also appeared in about two dozen films from the 1970s to 1990s, according to IMDb.com , including 1994’s “Bullets Over Broadway,” starring John Cusack. Haddon left modeling after giving birth to her daughter, Ryan, in the mid-1970s, but then had to reenter the workforce after her husband's 1991 death. This time she found the modeling industry far less friendly: “They said to me, ‘At 38, you’re not viable,’” Haddon told The New York Times in 2003. Working a menial job at an advertising agency, Haddon began reaching out to cosmetic companies, telling them there was a growing market to sell beauty products to aging baby boomers. She eventually landed a contract with Clairol, followed by Estée Lauder and then L’Oreal, for which she promoted the company's anti-aging products for more than a decade. She also hosted beauty segments for CBS’s “The Early Show.” "I kept modeling, but in a different way," she told The Times, “I became a spokesperson for my age.” In 2008, Haddon founded WomenOne, an organization aimed at advancing educational opportunities for girls and women in marginalized communities, including Rwanda, Haiti and Jordan.' Haddon was born in Toronto and began modeling as a teenager to pay for ballet classes — she began her career with the Canadian ballet company Les Grands Ballet Canadiens, according to her website . Haddon's daughter, Ryan, said in a social media post that her mother was “everyone’s greatest champion. An inspiration to many.” “A pure heart. A rich inner life. Touching so many lives. A life well lived. Rest in Light, Mom,” she said.The National Institute of Engineering (NIE), Mysuru will host the Smart India Hackathon (SIH) 2024 grand finale in the hardware edition. This year, the event will take place from December 11th to December 15th, and will see participants from across the nation collaborating on solving pressing national challenges through technology and innovation. A release said as the nodal center, NIE Mysuru will facilitate teams, provide technical support, and serve as a hub for creating solutions to critical issues. The SIH is the flagship initiative of the Central Ministry of Education, organised in association with All India Council for Technical Education. ‘’NIE, Mysuru is the only institution in Karnataka to host the event for the second consecutive year and this remarkable achievement of the college demonstrates the Institute’s unwavering commitment towards fostering innovation, excellence by maintaining its esteemed status as a pioneer in engineering education,” said the release. The Institute also served as a platform for SIH-2023 Grand Finale in which Prime Minister Narendra Modi addressed the students and participants of SIH 2023. “Being selected as the Nodal Center for the second consecutive year is a tremendous honor for NIE Mysuru,” said Rohini Nagapadma, principal, NIE. During the SIH-2023, the institute provided a collaborative environment equipped with state-of-the-art facilities, mentoring from industry experts and access to resources that had enabled the participants to bring their innovative ideas to life and similar facilities will be provided for the participants this year as well, according to the authorities. Published - December 08, 2024 07:29 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp RedditCable One Declares Quarterly Dividend
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NFA ensures readiness to supply rice for emergencies during holidaysEnvironmentalists say a proposed federal road project west of Nogales warrants deeper scrutiny of its potential impact to fragile jaguar and ocelot territory in the project area. The Holden Canyon Connector Road project, planned within rugged terrain west of Nogales, would add or improve 12 miles of roads between Holden Canyon and Warsaw Canyon. U.S. Customs and Border Protection says the project is needed to help agents traveling east to west through the mountainous area, about 10 miles southeast of Arivaca. “The limited east/west road access ... has constrained agents’ abilities to safely and efficiently respond to this area,” CBP said in its 2023 scoping letter , outlining the goals of the project. “The purpose of this project is to improve mobility and accessibility for CBP agents responding to and seeking to prevent illegal cross-border traffic, address emergencies involving human health and safety, and prevent or minimize environmental damage arising from occurrence of and response to CBV (cross-border violator) illegal entry on public lands," the agency said. But the Tucson-based Center for Biological Diversity says a draft environmental assessment published in November — as part of the environmental review process under the National Environmental Policy Act, or NEPA — is inadequate. An ocelot stands on a tree branch above a Southern Arizona watering hole in a screen capture from a July 24 trail camera video released by the Tucson-based Center for Biological Diversity. In comments responding to the assessment, the nonprofit also objects to the assessment's preliminary finding that the project will have "no significant impact" on the critical habitats or listed species in the area. In addition to jaguar and ocelot sightings in this remote wilderness area, other potentially affected species include the yellow-billed cuckoo, Mexican spotted owl and Chiricahua leopard frog. If CBP’s draft “finding of no significant impact" becomes final, that would mean the agencies don’t have to conduct a deeper analysis under NEPA. But the Center for Biological Diversity says the potential impacts are significant enough that land managers should prepare a full environmental impact statement. “That’s exactly why we spend so much time commenting on these proposals,” said Laiken Jordahl, southwest conservation advocate for the Center for Biological Diversity. “They have an opportunity to change course, or at least include mitigations that would lessen the harms of the project.” Among the center's concerns , submitted to the U.S. Forest Service during the project's second public comment period, which ended in early December, the environmental assessment incorrectly stated that there have been no ocelot sightings in the area. This summer, an ocelot was recorded for the first time on June 12 in the Atascosa Highlands west of Interstate 19, which is within the project area, on a camera run by Phoenix Zoo researchers. Experts believe the same ocelot was spotted again east of I-19 in July. "It was a jaw-dropping omission that the land management agency charged with protecting these species didn't even acknowledge there was an incredibly rare ocelot sighting in this very mountain range, just a few months before this document was published," Jordahl said. "We know the cat is actively using these areas. It's moving through these mountainous corridors, and it would certainly be negatively impacted by this project." A comparison of the spots and rosette markings shows the same wild ocelot caught on camera at two different locations in Southern Arizona on June 12 (right) and July 24. A CBP official said the agency became aware of the ocelot sighting late in its environmental review process. CBP is now consulting with the U.S. Fish and Wildlife Service, and Coronado National Forest, on the project’s potential to affect the ocelot, the official said. The project calls for 3 miles of roads in the area to be decommissioned, in order to offset the impacts of new road construction. But those existing roads are already so far out of use and overgrown that they aren't recognizable as roads anymore, Jordahl said. Creating new roads in remote areas can end up increasing smuggling there, as human smugglers begin making use of those roads, Jordahl said. Recreational users also want access to the area, as indicated by comments submitted in the most recent public comment period, he said. "We have in the public record now comments from dirt-bike advocacy groups, indicating their eagerness to use this road, and also hunting groups saying they support the project because they want to use the road," he said. "That directly contradicts the environmental assessment, which says there won't be a significant uptick" in traffic in the area. A CBP official said the new roads will allow a Border Patrol presence in an area that has been largely unpatrolled, due to the lack of east-west roadways, and agents' presence there will discourage smuggling activity. Jordahl said CBP failed to look at alternative ways to improve response time in the area, such as improving north-south roads or technology-based solutions. "We list out a number of those alternatives they should have looked at. Not to say we’d support them, but legally they need to consider these alternatives, as many would be less damaging," he said. The Center for Biological Diversity emphasized that the agencies are obligated to consider the cumulative effects of previous border-wall infrastructure construction, as well as the Holden Canyon road project’s potential impacts. The Atascosa Highlands, which include the Pajarito Mountains, are “one of the best remaining corridors for jaguar and ocelot,” Jordahl said. “It connects to a wide expanse of wilderness land south of the border in Sonora, and ultimately connects up to the breeding population of both ocelots and jaguar in Sonora. Again, these rugged areas are the exact areas that are most favored by wildlife and especially spotted cats. They’re natural corridors for the species.” The public will have another chance to weigh in on the project after a draft decision is announced in April 2025, a spokeswoman for the U.S. Forest Service said in an email. The responses to specific comments will be published on the Forest Service website when the decision notice is posted in April, said Starr Farrell, public affairs officer for Coronado National Forest. The public can track the project’s progress and view submitted public comments on the agency’s site. The project's lead agencies, CBP and USFS, will have to address "all the substantive comments and concerns we’ve raised in our comments in order for it to be legitimate," Jordahl said. "If these concerns go unaddressed, that’s when the window for litigation opens." Contact reporter Emily Bregel at ebregel@tucson.com . On X, formerly Twitter: @EmilyBregel Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox! Border reporter
The Detroit Lions will play without two high draft picks in rookie cornerbacks Terrion Arnold and Ennis Rakestraw Jr. while possibly getting back veteran Emmanuel Moseley against the host Indianapolis Colts on Sunday. Arnold was downgraded Saturday from questionable to out because of a groin injury. He was limited at practice on Thursday and participated in a full practice on Friday. The Lions drafted Arnold with the 24th overall pick of the 2024 NFL Draft out of Alabama. Arnold, 21, has started all 10 games and has 38 tackles and six passes defended. Rakestraw (hamstring) was placed on injured reserve after not practicing all week. He already had been ruled out for Sunday's game. Detroit picked Rakestraw in the second round (61st overall) out of Missouri. He has played in eight games and has six tackles. Rakestraw, 22, has played on 46 defensive snaps (8 percent) and 95 special teams snaps (42 percent). Moseley had full practice sessions all week and was activated from injured reserve on Saturday but was listed as questionable for Sunday. The 28-year-old is in his second season with Detroit and appeared in one game last season before going on IR in October 2023. He was placed on IR on Aug. 27 with a designation to return. Moseley played from 2018-22 for the San Francisco 49ers and had 162 tackles, four interceptions -- one returned for a touchdown -- and 33 passes defensed in 46 games (33 starts). Detroit elevated linebacker David Long on Saturday for game day. Long, 28, signed with the practice squad on Tuesday after the Miami Dolphins released him on Nov. 13. He had started six of eight games for the Dolphins this season and had 38 tackles. In other Lions news, the NFL fined wide receiver Jameson Williams $19,697 for unsportsmanlike conduct for making an obscene gesture during a touchdown celebration in last Sunday's 52-6 home win over the Jacksonville Jaguars, the NFL Network reported Saturday. Williams, 23, scored on a 65-yard pass from Jared Goff with 12:55 remaining in the third quarter. --Field Level Media
RPF registers case against Ayyappa devotees for lighting camphor in trainLions CBs Terrion Arnold, Ennis Rakestraw Jr. out vs. Colts
Venâncio Mondlane: A Revolução Digital Contra Ditaduras e a Luta pela Libertação de MoçambiqueGermany's Alternative for Germany (AfD) will nominate on Saturday its first chancellor candidate in its 11-year history ahead of a snap election set for February as the far-right party increasingly sets its sights on power. The party, which ranks second in opinion polls behind the main opposition conservatives but well ahead of Chancellor Olaf Scholz's Social Democrats, is expected to nominate co-leader Alice Weidel as chancellor candidate. The AFD, which authorities suspect of pursuing anti-democratic goals, is not likely to form part of a governing coalition any time soon given other parties have ruled out working with it. But the AfD's electoral successes are increasing pressure on the conservatives in particular to drop their firewall with the party and consider a right-wing coalition, especially given the weakness of their erstwhile traditional partner, the neoliberal Free Democrats (FDP). Far-right parties have gained traction across Europe in recent years, also coming to power in Italy, Sweden, the Netherlands and Finland. "There is a claim to power to assert and the best way to do that is to nominate a chancellor candidate," said Hans Vorlaender, political scientist at Dresden's Technical University. "It also gives you the opportunity to be present in the media because there are always debates held between the so-called chancellor candidates." Long dismissed as a protest party, the AfD is also seeking to establish itself more as a "normal party", said Stefan Marschall, political scientist at the University of Duesseldorf. UNLIKELY CANDIDATE Weidel, 45, who has co-led the party since 2022, is an unlikely public face for a male-dominated, anti-immigration party that depicts itself as a defender of traditional family values and ordinary German working people. She is raising two sons with a Sri Lankan-born woman, a filmmaker, and speaks fluent Mandarin, having done her PhD in economics in China. She worked for Goldman Sachs and Allianz Global Investors and as a freelance business consultant before entering politics. Weidel's unusual profile, however, is precisely what makes her an asset to the AfD, according to political analysts who say she is more likely to appeal to more moderate Germans who would normally shun a far-right party. In recent years the AfD has tapped into voter worries about high levels of immigration, a possible escalation of the Ukraine war and the crisis of Germany's economic model as well as frustration with infighting within the ruling coalition, which fell apart last month. The party wants to sharply curb immigration, particularly from Muslim countries, end arms deliveries to Ukraine, rebuild relations with Russia, turn the nuclear power plants back on and exit the European Union unless it carries out major reforms. It has earned credibility with some voters for openly addressing hot-button topics before mainstream parties did. The party came first in two state elections in September, despite mass anti-AfD protests and a string of scandals which included a senior figure declaring that the SS, the Nazis' main paramilitary force, were "not all criminals". A survey by pollster Wahlen published on Friday put the AfD on 17%, behind the conservatives on 33%, but ahead of the SPD on 15% and the Greens on 14%. The conservatives, the SPD and Greens all have chancellor candidates. Membership of the AfD has swelled by 50% to around 50,600 over the past year, the party's spokesman said, though it is a fraction (some 14%) of the membership of Germany's big tent parties, the CDU/CSU conservative bloc and the SPD. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)Edmonton housing coalition hosts wintry rally for more social housing
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"in my casual ware, I love wearing U of I gear and my same blue jeans. My kids call me a walking advertisement of UIUC," Rashid Bashir says. To subscribe, click here. To submit a letter to the editor, click here. To pitch a 'My Turn' guest column, email jdalessio@news-gazette.com . Want to purchase today's print edition? Here's a map of single-copy locations. Sign up for our daily newsletter here How’s this for an immigration success story: Teen brothers, aged 15 and 17, move from their native Pakistan to the United States, landing in Lubbock, Texas, where the youngest gets a part-time job working the grill at McDonald’s and eventually grows up to become dean of the University of Illinois’ Grainger College of Engineering. “It was our father’s vision to send us to America for education and to better our lives. I had money for one year and a return ticket,” says RASHID BASHIR , who’s in Year 7 of running higher ed’s No. 9 engineering school, per U.S. News & World Report’s annual rankings. You name it, the scholar with two degrees from Purdue has done it in his field — Bashir has authored 250-plus journal papers, been granted 45 patents and been named a fellow in eight international professional societies. The Grainger Distinguished Chair in Engineering, who joined the UI faculty in 2007, took time out to answer questions from Editor Jeff D’Alessio in the 261st installment of our weekly speed read spotlighting leaders of organizations big and small. Grainger College of Engineering Dean Rashid Bashir chats with acclaimed UI alum Steve Chen, who co-founded YouTube. The single-most important question I ask job candidates during interviews is ... how would you like to change the world for the better or what Mars-shot goal would you like to achieve in 10 years? My philosophy on meetings is ... define the purpose, focus on outcomes, assign tasks and walk away with action items. My single favorite moment of all-time in this job was ... the celebrations of the college naming to Grainger College of Engineering. When it comes to the one thing I can’t live without ... I hate to say this but my cellphone. The three adjectives I hope my staff would use to describe me are ... empathetic, humble and visionary. On my office walls, you’ll find ... pictures of my family, my professional awards and fellowships of professional societies. My professional role model is ... in my current research realm, John Rogers, who is now at Northwestern. John is a genius, works super hard and is just a very nice guy. I’m frugal in that ... in my casual ware, I love wearing U of I gear and my same blue jeans. My kids call me a walking advertisement of UIUC. If I could trade places for a week with any other business person in town, I wouldn’t mind switching with ... Dr. Jim Leonard, CEO of Carle, to learn and experience the health-care delivery industry from the inside. And health care is such a challenging and important industry. I have great regards for Carle — how it’s running and growing and partnering with us in the Carle Illinois College of Medicine. My one unbreakable rule of the workplace is ... have respect for each other. The first thing I do when I get to work most days is ... talk to Cindy Pruitt, my amazing administrative assistant, about the day and the next few days. For lunch, I like to ... just work through and catch up on email and tasks. Lunch is not a priority if I don’t have meetings. I wind down after work by ... spending time with family, catching up on news and monologues from the previous night’s comedy shows. The most beneficial college classes I took were ... two bioengineering graduate elective classes during the last year of my Ph.D. I fell in love with biology and bioengineering. That is when I decided to make a switch from electrical engineering and nanotechnology research to integrating nanotechnology with biology and medicine. I also took a short course on neuro-electric interface at Princeton and my Ph.D. advisor supported me to take that summer short course, and this further heightened my interest in bioengineering. The last good book I read was ... “Chip War: The Fight for the World’s Most Critical Technology” — but I now have a stack that I cannot find time to read. My exercise routine consists of ... at least 30 minutes on the elliptical and 20 minutes on weights — three to four times a week if I can. I knew this is what I wanted to do for a living at age ... 25, when I finished my Ph.D. I knew I wanted to do research in bioengineering and be a professor. The first job I ever had was ... when I was 15/16, at McDonald’s in Lubbock, Texas, making hamburgers on the 10:1 grill. I learned a lot — discipline, hard work, customer service. The manager taught all the high schoolers to never stand still and keep smiling. I was the proud winner of the store competition, in-town competition and went to state competition — a great experience. The worst job I ever had was ... my second job — at Fur’s Cafeteria in Lubbock, washing dishes. It was tough. I was 17.
Exagen Inc. ( NASDAQ:XGN – Get Free Report ) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 78,100 shares, an increase of 36.5% from the November 30th total of 57,200 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 82,200 shares, the days-to-cover ratio is presently 1.0 days. Exagen Price Performance Shares of Exagen stock opened at $4.71 on Friday. The firm has a fifty day moving average price of $3.84 and a two-hundred day moving average price of $2.98. The company has a market cap of $83.07 million, a PE ratio of -5.01 and a beta of 1.49. The company has a debt-to-equity ratio of 1.54, a current ratio of 4.05 and a quick ratio of 4.05. Exagen has a fifty-two week low of $1.30 and a fifty-two week high of $6.22. Exagen ( NASDAQ:XGN – Get Free Report ) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.30) by $0.02. Exagen had a negative return on equity of 92.58% and a negative net margin of 30.36%. The firm had revenue of $12.51 million for the quarter, compared to analyst estimates of $13.55 million. During the same period in the previous year, the company posted ($0.31) earnings per share. Analysts expect that Exagen will post -0.87 EPS for the current year. Wall Street Analyst Weigh In Read Our Latest Stock Analysis on Exagen Insider Buying and Selling In other news, major shareholder Nmsic Co-Investment Fund, L.P. sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $3.30, for a total transaction of $660,000.00. Following the completion of the sale, the insider now directly owns 2,108,958 shares of the company’s stock, valued at $6,959,561.40. This trade represents a 8.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO John Aballi purchased 24,305 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of $2.81 per share, with a total value of $68,297.05. Following the purchase, the chief executive officer now owns 689,799 shares in the company, valued at $1,938,335.19. This represents a 3.65 % increase in their position. The disclosure for this purchase can be found here . 26.10% of the stock is currently owned by corporate insiders. Institutional Inflows and Outflows Hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its position in Exagen by 93.3% during the 2nd quarter. Renaissance Technologies LLC now owns 94,234 shares of the company’s stock worth $172,000 after acquiring an additional 45,476 shares during the last quarter. Creative Planning acquired a new position in Exagen in the third quarter worth $110,000. Palumbo Wealth Management LLC grew its holdings in shares of Exagen by 14.5% during the third quarter. Palumbo Wealth Management LLC now owns 76,364 shares of the company’s stock worth $236,000 after purchasing an additional 9,695 shares during the last quarter. Verus Capital Partners LLC acquired a new stake in shares of Exagen in the third quarter valued at $39,000. Finally, Stonepine Capital Management LLC increased its stake in shares of Exagen by 49.0% in the third quarter. Stonepine Capital Management LLC now owns 534,398 shares of the company’s stock valued at $1,651,000 after buying an additional 175,701 shares in the last quarter. Institutional investors and hedge funds own 75.25% of the company’s stock. About Exagen ( Get Free Report ) Exagen Inc develops and commercializes various testing products under the AVISE brand in the United States. The company enables healthcare providers to care for patients through the diagnosis, prognosis, and monitoring of autoimmune and autoimmune-related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). Featured Articles Receive News & Ratings for Exagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exagen and related companies with MarketBeat.com's FREE daily email newsletter .
PASADENA, Calif. (AP) — The Rose Bowl is the next stop on No. 1 Oregon's national championship quest. And Ohio State or Tennessee will be the Ducks' opponent in the 111th edition of the Granddaddy of Them All. Oregon (13-0) received the top seed in the first 12-team College Football Playoff on Sunday, sending the Ducks to celebrate the new year in Pasadena for the ninth time in school history as they continue to fight for their school's first national title. “Being on this side of the country, this is a game you dream of the opportunity to coach in,” said Oregon coach Dan Lanning, who will be in his first Rose Bowl. “It’s certainly a thrill for me. Obviously, a big fan of our program and influence in our program is Phil Knight, and Phil always told me his No. 1 goal is, ‘Can we get to the Rose Bowl?’ So I’m extremely ecstatic that our team gets to be a part of such a historic game.” But first, the eighth-seeded Buckeyes (10-2) and the ninth-seeded Volunteers (10-2) will meet in Columbus on Saturday, Dec. 21, to determine Oregon's opponent in the Rose Bowl Game, which is also a playoff quarterfinal. Tennessee is in the playoff for the first time, and coach Josh Heupel believes the Vols are ready. “It’s the next step for our program,” Heupel said. “This is something that our players have worked towards since last January, and you earn the right to be in a game like this. Proud of what we’ve done through the course of the regular season. The new season starts here. There was an expectation inside of our program to earn the right to play in a game like this.” As for the idea of an SEC team traveling north to frigid central Ohio, Heupel points out that Knoxville isn't exactly Southern California. “Not sure what the temperature will be up there, and I know it won’t be sunny and 85,” Heupel said. “We played in 30-degree weather a week ago (against Vanderbilt). For us, a lot of our practices are in the morning. (When) we’re outside, it’ll be similar temperatures to what you get up there. Our guys will be able to handle anything that comes at them.” The first-round matchup pits a pair of college football powerhouses with little history together. The Volunteers beat the Buckeyes 20-14 in the Citrus Bowl on Jan. 1, 1996, in the schools' only previous meeting. Ohio State got home-field advantage despite missing out on a Big Ten title game date with Oregon after a humiliating 13-10 loss at home to Michigan last month. The Buckeyes also lost a 32-31 thriller to the Ducks in Eugene in October, but they might still get that rematch in California. Oregon is clearly the class of this jumbled college football season, finishing as the only undefeated team in the FBS and the No. 1 team in the AP Top 25 after holding off Penn State 45-37 to win its first Big Ten championship. The Ducks' road to a title looks fairly daunting with two elite opponents vying for their quarterfinal shot, and social media filled up Sunday with fans and commentators bemoaning the relative difficulty of Oregon's path. The rough road doesn't bother Lanning, however. “What an opportunity, right?” Lanning said on ESPN. “We focus on the things that you can control, and winning a national championship isn’t supposed to be easy. If our path is a little bit tougher, kudos to us if we go through it and take care of business.” For decades, the Rose Bowl cherished its position as a near-annual meeting of teams from the Big Ten and the West Coast conference most recently known as the Pac-12. The breakup of the Pac-12 and the permanent change in the Rose Bowl's postseason position happened simultaneously over the past year, throwing the bowl's future into flux. But Oregon's familiar presence in Pasadena next month will smooth that change significantly — and if the Ducks' opponent is Ohio State, the traditionalists will still get exactly what they crave out of this game anyway. Oregon and Ohio State met in the Rose Bowl in 1958 and again on Jan. 1, 2010, with Terrelle Pryor leading the Buckeyes to a 26-17 victory. Oregon is 4-4 in its previous trips to the Rose Bowl, and the modern Ducks have spent their holiday in Pasadena four times since 2010. They’ve won in their past three appearances in the Granddaddy, most recently beating Wisconsin 28-27 in Los Angeles Chargers quarterback Justin Herbert’s final game for his hometown school in 2020. Ohio State has made 16 previous appearances in the Rose Bowl, third-most in the game's history behind USC (34) and Michigan (21). The Buckeyes have won their last four games in Pasadena, most recently beating Washington in 2019 and Utah in 2022 . A trip to Pasadena would be a treat for Tennessee's vast fan base. The Vols made two trips to the Rose Bowl during the 1940s, but they haven't been back there since 1945. Oregon and Tennessee have faced each other twice, with the Ducks winning both matchups in 2010 and in 2013. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballResistance is an enduring ideology, not bound to worldly measures: Iran DM
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