Why One Fund Bought $8 Million of Viasat Stock and Made It a Top 3 Holding

New York City-based 13D Management disclosed a new position in Viasat (NASDAQ:VSAT) valued at approximately $7.82 million, according to a November 14 Securities and Exchange Commission filing.According to a Securities and Exchange Commission filing dated November 14, 13D Management initiated a new position in Viasat (NASDAQ:VSAT) during the third quarter. The fund reported ownership of 267,000 shares with a quarter-end market value of $7.82 million. This addition brought the number of disclosed equity holdings in the portfolio to 18 as of September 30.The new Viasat position represents 7.5% of the fund’s reportable assets under management after the quarter’s trading.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool