TRW Automotive Holdings Corp

Adage Capital added a new position in Mallinckrodt Plc (MNK) in the third quarter of 2014. The position accounted for 0.82% of the fund’s total portfolio.

GAMCO Investors took a large new position in Weatherford International (WFT) during the third quarter. The position accounted for 1.21% of the fund’s 3Q14 portfolio.

GAMCO Investors started a new position in 3Q14 in Sigma-Aldrich Corp (SIAL). The position accounted for 0.24% of the fund’s 3Q14 portfolio.

GAMCO Investors started a new position in Liberty Media Corporation Class C (LMCK) during 3Q14. The position accounted for 0.36% of the fund’s third-quarter portfolio.

Mario Gabelli’s GAMCO Investors added to its position in Sony Corp. ADR (SNE) during the third quarter. The position accounted for 0.52% of the fund’s 3Q14 portfolio.

GAMCO Investors increased its position in the Interpublic Group of Companies Inc. (IPG) during third quarter. The position accounted for 0.56% of the fund’s 3Q14 portfolio.

Adage Capital’s US long portfolio grew from $38.69 billion in 2Q14 to $40.2 billion in 3Q14. The portfolio comprised around 699 stocks.

Adage Capital exited a position in Kinder Morgan Inc (KMI) in the third quarter. The position accounted for 0.37% of the fund’s total 2Q portfolio.

Adage Capital raised its position in Citigroup Inc. (C) in the third quarter. The position accounted for 0.98% of the fund’s total 3Q portfolio.

Adage Capital raised its position in NiSource Inc. (NI) in the third quarter. The position accounted for 0.52% of the fund’s total 3Q14 portfolio.

Mario Gabelli’s GAMCO Investors began a new position in Bally Technologies Inc. (BYI) during the third quarter. The position accounted for 0.11% of the fund’s 3Q14 portfolio.

Mario Gabelli’s GAMCO Investors upped its position in Chemtura Corporation (CHMT) during 3Q14. Recently, a 13D amended filing raised the position further.

GAMCO adds TRW position During the third quarter, GAMCO Investors started a new position in TRW Automotive Holdings Corp. (TRW). The position accounted for 0.63% of the fund’s 3Q14 portfolio. TRW Automotive Holdings overview TRW Automotive Holdings supplies vehicular systems, modules, and components to original equipment manufacturers and related aftermarkets globally. The firm mainly designs, manufactures, and […]

During 3Q14, GAMCO acquired stakes in three companies that are currently involved in merger and acquisition transactions.

High-yield bond issuance has clearly fallen as 2015 has progressed. For most of the first five months of 2015, issues related to refinancing needs dominated the primary market for high-yield bonds.

Net inflows into high-yield bond funds totaled $45.1 million in the week ended July 8. It was the smallest inflow so far this year. High-yield bond funds have seen inflows of $280 million year-to-date.

Junk bond issuance in 2Q15 began on a strong note in April but tapered off in June with the lowest issuance in 2015 so far. ZF Friedrichshafen issued Ba2/BB rated dollar-denominated junk bonds worth $3.5 billion in April.

High-yield bond issuance rose in 2Q15 compared to 1Q15. April led the year with the highest monthly issuance in 2015 year-to-date.

Icahn Associates boosted its position in Federal-Mogul Holdings in March. It disclosed 138,590,141 shares through an amended 13D filing.

TRW Automotive Holdings said last year that it was going to be acquired by German auto parts maker ZF Friedrichshafen for approximately $13.5 billion.

Adage Capital added a new position in Duke Energy in the third quarter. The position accounted for 0.20% of the fund’s total 3Q portfolio.

Adage Capital added a new position in TRW Automotive Holdings, which accounted for 0.32% of the fund’s total 3Q14 portfolio.