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Re: Jasbg post# 418328

Monday, 11/27/2023 1:26:40 PM

Monday, November 27, 2023 1:26:40 PM

Post# of 429367
Jasbg, with regards to Sarissa only showing 10M shares....

I also have had this question all along (since last year when millions of shares went away). Here's the thing - I've heard the argument that they "shifted them to their other funds" to take advantage of tax loss harvesting. And that makes total sense - on the surface. I've looked into the rules, and it seems (and I may be wrong here) that regardless of where the shares are held (ie. overseas, affiliated funds, etc.), they STILL have to be reported on if they are controlled (ie. have shareholder voting power) by the entity.

So that leads me to believe that Sarissa can only be in control of 10M+ shares right now. I simply don't understand how they get around reporting on the other 19M shares.

But I would certainly love a good explanation of it.
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