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Hbpainter

07/14/17 4:31 PM

#125822 RE: jimcasada #125820

Don't think Woodford has sold, he did buy high so percentage in his portfolios reflects SP as of June 30th I believe.
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Ivan Drago

07/14/17 7:28 PM

#125849 RE: jimcasada #125820

They haven't sold anything. Go to SEC filings on NWBO webpage and find the latest form SC-13 from Woodford, it's dated Jan 10th. It discloses ownership of 25M shares of common stock. If they sold a portion of it they would need to file an amended form with SEC.
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Poor Man -

07/14/17 9:12 PM

#125856 RE: jimcasada #125820

Woodford owns 24,815,028 shares per the 10K, so depending upon when those shares were valued at mark to market, the value of his holdings could be less than $5 million. So it's very possible that number represents less than 1% of the PC fund. (That fund probably has close to $1 billion in assets under management.)


Looking at the Woodford webpage, NWBO is listed as being less than 1% of Patient Capital fund, but it doesn't say how many shares that is. Are you sure they haven't sold some?