
Lagos Startups Lure 42% More Funding, Defying Slowdown in Africa
Companies in Lagos raised $252 million last year, up from $178 million in 2023, according to the Netherlands-based research firm Dealroom.co.

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Leon Cooperman's Strategic Moves: Alphabet Inc. Sees Significant Reduction
Exploring the Latest 13F Filing and Investment Adjustments Leon Cooperman (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Prior to founding Omega Advisors, Leon Cooperman (Trades, Portfolio) graduated from Columbia University and worked as CEO and Chairman of Goldman Sachs Asset Management. Cooperman converted his hedge fund into a family office in 2018. Leon Cooperman (Trades, Portfolio) combines his macro view and fundamental valuation in his investing strategy. While he does try to predict the market direction, Cooperman also pays close attention to market valuations. Warning! GuruFocus has detected 9 Warning Signs with COOP. Summary of New Buy Leon Cooperman (Trades, Portfolio) added a total of 3 stocks, among them: The most significant addition was Atlas Energy Solutions Inc (NYSE:AESI), with 5,162,095 shares, accounting for 2.43% of the portfolio and a total value of $69,017,210 million. The second largest addition to the portfolio was GE HealthCare Technologies Inc (NASDAQ:GEHC), consisting of 400,000 shares, representing approximately 1.04% of the portfolio, with a total value of $29,628,000. The third largest addition was ArriVent BioPharma Inc (NASDAQ:AVBP), with 421,278 shares, accounting for 0.32% of the portfolio and a total value of $9,171,220. Key Position Increases Leon Cooperman (Trades, Portfolio) also increased stakes in a total of 16 stocks, among them: The most notable increase was Sunoco LP (NYSE:SUN), with an additional 1,185,000 shares, bringing the total to 1,470,000 shares. This adjustment represents a significant 415.79% increase in share count, a 2.23% impact on the current portfolio, with a total value of $78,777,300. The second largest increase was Fidelis Insurance Holdings Ltd (NYSE:FIHL), with an additional 1,006,278 shares, bringing the total to 5,806,056. This adjustment represents a significant 20.97% increase in share count, with a total value of $96,264,410. Summary of Sold Out Leon Cooperman (Trades, Portfolio) completely exited 4 of the holdings in the second quarter of 2025, as detailed below: Las Vegas Sands Corp (NYSE:LVS): Leon Cooperman (Trades, Portfolio) sold all 1,500,000 shares, resulting in a -2.3% impact on the portfolio. Microsoft Corp (NASDAQ:MSFT): Leon Cooperman (Trades, Portfolio) liquidated all 105,705 shares, causing a -1.58% impact on the portfolio. Key Position Reduces Leon Cooperman (Trades, Portfolio) also reduced positions in 5 stocks. The most significant changes include: Reduced Alphabet Inc (NASDAQ:GOOGL) by 575,000 shares, resulting in a -88.46% decrease in shares and a -3.53% impact on the portfolio. The stock traded at an average price of $163.55 during the quarter and has returned 24.90% over the past 3 months and 8.31% year-to-date. Reduced The Cigna Group (NYSE:CI) by 28,655 shares, resulting in a -11.91% reduction in shares and a -0.37% impact on the portfolio. The stock traded at an average price of $322.46 during the quarter and has returned -3.01% over the past 3 months and 9.02% year-to-date. Portfolio Overview At the second quarter of 2025, Leon Cooperman (Trades, Portfolio)'s portfolio included 40 stocks, with top holdings including 15% in Mr. Cooper Group Inc (NASDAQ:COOP), 9.74% in Vertiv Holdings Co (NYSE:VRT), 8.34% in Energy Transfer LP (NYSE:ET), 6.67% in Apollo Asset Management, Inc. (NYSE:APO), and 5.39% in Mirion Technologies Inc (NYSE:MIR). The holdings are mainly concentrated in 10 of all the 11 industries: Financial Services, Industrials, Energy, Healthcare, Basic Materials, Consumer Cyclical, Technology, Communication Services, Consumer Defensive, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
24 minutes ago
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Nelson Peltz's Strategic Moves: Invesco Ltd Sees a -3.47% Portfolio Impact
Exploring the Latest 13F Filing and Investment Adjustments Nelson Peltz (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Nelson Peltz (Trades, Portfolio) has been CEO and a Founding Partner of Trian since November 2005. Mr. Peltz serves as the non-executive Chairman of The Wendys Company. Peltz is also a director of The Procter & Gamble Company, Invesco Ltd. and Madison Square Garden Sports Corp. (f/k/a The Madison Square Garden Company). Trian invests in a concentrated portfolio of undervalued and underperforming public companies, typically within the Consumer, Industrial and Financial Services sectors, where it aims to enhance long-term shareholder value through operational and strategic initiatives. Trian aims to bring an ownership mentality to public market investing through the following pillars:Asymmetric Risk/Reward: Trian's focus on high-quality, mid-to-large cap companies with time-tested business models offers a favorable risk/reward dynamic and less competition among peers given barriers to entry. Long-Term, Operational Focus: Trian's private equity-like, operations-centric investment process is designed to generate income statement initiatives focused on driving earnings growth over the long term. Collaborative Engagement: Trian's approach as a highly engaged shareowner with significant reputational capital allows Trian to build trust with management teams, boards and other stakeholders. ESG: Trian promotes and supports, particularly through board representation, the implementation of ESG initiatives that it believes will lead to improved company culture and drive long-term financial performance. Warning! GuruFocus has detected 8 Warning Signs with JHG. Key Position Increases Nelson Peltz (Trades, Portfolio) also increased stakes in a total of 2 stocks, among them: The most notable increase was Ferguson Enterprises Inc (NYSE:FERG), with an additional 77,592 shares, bringing the total to 1,086,357 shares. This adjustment represents a significant 7.69% increase in share count, a 0.45% impact on the current portfolio, with a total value of $236,554,240. The second largest increase was The Wendy's Co (NASDAQ:WEN), with an additional 11,111 shares, bringing the total to 30,434,794. This adjustment represents a significant 0.04% increase in share count, with a total value of $347,565,350. Key Position Reductions Nelson Peltz (Trades, Portfolio) also reduced positions in 4 stocks. The most significant changes include: Reduced Invesco Ltd (NYSE:IVZ) by 8,544,987 shares, resulting in a -36.87% decrease in shares and a -3.47% impact on the portfolio. The stock traded at an average price of $14.37 during the quarter and has returned 39.61% over the past 3 months and 25.42% year-to-date. Reduced U-Haul Holding Co (NYSE:UHAL.B) by 786,669 shares, resulting in a -69.94% reduction in shares and a -1.25% impact on the portfolio. The stock traded at an average price of $55.87 during the quarter and has returned -7.41% over the past 3 months and -15.57% year-to-date. Portfolio Overview At the second quarter of 2025, Nelson Peltz (Trades, Portfolio)'s portfolio included 10 stocks, with top holdings comprising 32.64% in Janus Henderson Group PLC (NYSE:JHG), 27.36% in GE Aerospace (NYSE:GE), 16.93% in Solventum Corp (NYSE:SOLV), 9.17% in The Wendy's Co (NASDAQ:WEN), and 6.24% in Ferguson Enterprises Inc (NYSE:FERG). The holdings are mainly concentrated in 4 of the 11 industries: Financial Services, Industrials, Healthcare, and Consumer Cyclical. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
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24 minutes ago
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Li Lu's Strategic Move: Significant Investment in PDD Holdings Inc
Exploring Li Lu (Trades, Portfolio)'s Recent 13F Filing and Investment Philosophy Warning! GuruFocus has detected 7 Warning Sign with BAC. Li Lu (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Born and raised in China, Li Lu (Trades, Portfolio) attended Columbia University, where he received three degrees simultaneously: B.A., J.D., and M.B.A. from Columbia College, Law School, and Business School. In 1997, he founded Himalaya Capital, a multibillion-dollar investment firm that primarily focuses on long-term investment opportunities in Asia and the U.S. Li Lu (Trades, Portfolio) currently serves as a member of the Board of Trustees of Columbia University and a member of the Board of Trustees of California Institute of Technology (Caltech). He is also a member of the Committee of 100, the Council on Foreign Relations, and an Aspen Institute Henry Crown Fellow. He is featured in the Smithsonian Institute's Family of Voices, part of the ongoing Many Voices, One Nation exhibition at the National Museum of American History. He is the author of "Moving The Mountain: My Life in China" (1990 in English) and "Civilization, Modernization, Value Investing---and China" (2020 in Chinese). Li Lu (Trades, Portfolio)'s firm embraces the value investment principles of Benjamin Graham, Warren Buffett (Trades, Portfolio), and Charlie Munger. It primarily focuses on publicly traded companies in Asia, with an emphasis on China. The firm aims to achieve superior returns by being long-term owners of high-quality companies with a substantial economic moat, great growth potential, and are run by trustworthy people. Li Lu (Trades, Portfolio) said, "In making investments, I have always believed that you must act with discipline whenever you see something you truly like. To explain this philosophy, Buffett/Munger likes to use a baseball analogy that I find particularly illuminating, though I myself am not at all a baseball expert. Ted Williams is the only baseball player who had a .400 single-season hitting record in the last seven decades. In the Science of Hitting, he explained his technique. He divided the strike zone into 77 cells, each representing the size of a baseball. He would insist on swinging only at balls in his best cells, even at the risk of striking out, because reaching for the worst spots would seriously reduce his chances of success." Summary of New Buy Li Lu (Trades, Portfolio) added a total of 1 stock, among them: The most significant addition was PDD Holdings Inc (NASDAQ:PDD), with 4,608,000 shares, accounting for 17.93% of the portfolio and a total value of $482.27 million. Key Position Reduces Li Lu (Trades, Portfolio) also reduced position in 1 stock. The most significant changes include: Reduced Bank of America Corp (NYSE:BAC) by 3,415,246 shares, resulting in a -24.66% decrease in shares and a -6.44% impact on the portfolio. The stock traded at an average price of $42.07 during the quarter and has returned 8.17% over the past 3 months and 9.92% year-to-date. Portfolio Overview At the second quarter of 2025, Li Lu (Trades, Portfolio)'s portfolio included 9 stocks, the top holdings included 18.36% in Bank of America Corp (NYSE:BAC), 17.93% in PDD Holdings Inc (NASDAQ:PDD), 16.67% in Alphabet Inc (NASDAQ:GOOGL), 16.22% in Berkshire Hathaway Inc (NYSE:BRK.B), 16.17% in Alphabet Inc (NASDAQ:GOOG). The holdings are mainly concentrated in 5 of all the 11 industries: Financial Services, Communication Services, Consumer Cyclical, Energy, Technology. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data