Changes have been made to the SharkWatch 50 to address several closed funds and a recent increase in activity. The SharkWatch 50 is a compilation of 50 significant activist investors. Inclusion in the SharkWatch 50 is based upon a number of factors, including the number of publicly disclosed activist campaigns waged, with an emphasis on recent activity, as well as the ability to affect change at targeted companies. The list is reviewed quarterly for necessary changes and updated annually based on new campaigns. FactSet SharkWatch has made the following changes to the SharkWatch 50:
JCP Investment Management LLC - Founded in 2009 by James Christopher Pappas, JCP Investment Management LLC is a hedge fund manager located in Houston, Texas. JCP has 10 activist campaigns at 10 different companies including 8 high impact campaigns in the last 3 years. 6 of their 10 campaigns have been proxy fights for board seats and 4 campaigns have resulted in board seats.
VIEX Capital Advisors, LLC - Founded in 2014 by Eric Singer, VIEX Capital Advisors, LLC is a hedge fund manager located in New York City. Vertex Capital Advisors manages an activist hedge fund that focuses on investments in technology that is involved with hardware, with particular emphasis on semiconductor companies. VIEX has 9 activist campaigns at 9 different companies, all high impact and taking place in the last 3 years. They have run 5 proxy fights for board seats with 4 campaigns resulting in seats on the board.
Basswood Capital Management LLC - Founded in 1998 by Matthew Lindenbaum, Basswood Capital Management LLC is a hedge fund manager located in New York City. Basswood has 9 activist campaigns at 9 different companies including 7 high impact campaigns in the last 3 years. Their holdings are predominantly in the finance sector with the majority of their activism taking place at small- and micro-cap regional and savings banks.
Osmium Partners LLC ? Founded in 2002 by John Lewis, Osmium Partners LLC is a hedge fund manager located in San Francisco. Osmium has 9 activist campaigns at 7 different companies including 5 high impact campaigns in the last 3 years. Campaigns have been exclusively at micro-cap companies mostly in the technology and online commercial services sectors. Additionally, 4 campaigns have resulted in board seats for Osmium - - 3 through settlement agreements and 1 through a successful proxy fight.