Performance Results

model portfolio sept

Tracking Portfolio is intended to simulate the aggregate performance of special situation ideas posted on SSI since 2017, where each idea receives 5% portfolio value allocation and is opened/closed at prices indicated in the write-ups (for more details see here). Quick Ideas are excluded from the Tracking Portfolio. These are not actual trading results.

Disclaimer: the Tracking Portfolio results are not to be considered as the actual investment results, but rather as an informational tool to track the aggregate performance of situations published on this website.

The table below itemizes the returns on each and every case published on SSI during 2012-2020. Due to the nature of investing in special situations, the opportunities published on this site have a relatively short time frame. This results in smaller absolute returns and high annualized IRRs.

 

2020        
Ticker Date published Type Return Annual IRR
NKLA 15-Jun-20 Capital Structure Arbitrage TBD TBD
MET.NZ 08-Jun-20 Merger Arbitrage TBD TBD
SKYS 08-Jun-20 Merger Arbitrage TBD TBD
PDLI 05-Jun-20 Liquidation TBD TBD
ECL 08-May-20 Split-Off 13% 156%
TCBI 23-May-20 Merger Arbitrage -16% -32%
0494.HK 24-Apr-20 Merger Arbitrage 13% 156%
TMKS.L 24-Apr-20 Going Private TBD TBD
ZCOR 22-Apr-20 Merger Arbitrage 26% 312%
TCO 22-Apr-20 Merger Arbitrage TBD TBD
IAC 08-Apr-20 NAV Discount Elimination TBD TBD
LSXMK 27-Mar-20 Merger Arbitrage -3% -36%
NIBC.AS 25-Mar-20 Merger Arbitrage TBD TBD
SORL 10-Mar-20 Merger Arbitrage 14% 168%
IOTS 09-Mar-20 Merger Arbitrage 10% 80%
SDI 05-Mar-20 Merger Arbitrage 4% 48%
LWB.L 05-Mar-20 Merger Arbitrage 35% 280%
2858. HK 13-Feb-20 Member Arbitrage TBD TBD
ALT.PA 12-Feb-20 Merger Arbitrage -1% -8%
S 12-Feb-20 Merger Renegotiation -15% -520%
MCK 11-Feb-20 Split-Off 11% 132%
BME.MC 27-Jan-20 Bidding War -4% -24%
ADL.DE 14-Jan-20 Merger Arbitrage -3% -18%
PVCS.L 31-Jan-20 Liquidation TBD TBD

 

2019        
Ticker Date published Type Return Annual IRR
PKD 18-Dec-19 Going Private 50.0% 200%
AIM.TO 18-Dec-19 Tender Offer 9.0% 108%
HCG.TO 18-Dec-19 Tender Offer 4.3% 52%
SORL 11-Dec-19 Going Private 5.0% 60%
MDLY 27-Nov-19 Merger Arbitrage -75.0% -225%
DHR 18-Nov-19 Split-Off 8.0% 96%
OHAI 12-Nov-19 Merger Arbitrage 6.0% 72%
ASFI 07-Nov-19 Going Private 12.0% 24%
SWZ 14-Oct-19 Tender Offer -1.5% -18%
CYSM 08-Oct-19 Tender Offer 8.0% 96%
YCA.L 02-Oct-19 Covergence 0.0% 0%
SYCRF 25-Sep-19 Liquidation 7.0% 17%
DSX 19-Sep-19 Tender Offer 7.0% 84%
PKD 17-Sep-19 Reverse Split 0.0% 0%
GYRO 13-Sep-19 Liquidation TBD TBD
LBTYA 14-Aug-19 Tender Offer 4.0% 48%
OSR.DE 14-Aug-19 Bidding War 17.0% 204%
ECA 07-Aug-19 Tender Offer 10.0% 120%
SMTA 30-Jul-19 Liquidation 4.0% 48%
ADS 30-Jul-19 Tender Offer -5.0% -60%
DVA 30-Jul-19 Tender Offer -4.0% -48%
SMAL 23-Jul-19 Merger Arbitrage -3.0% -6%
CIR 19-Jul-19 Tender Offer 0.0% 0%
8EC.AX 08-Jul-19 Liquidation 7.0% 42%
TWRH 08-Jul-19 Tender Offer 1.0% 12%
CLI 04-Jul-19 Asset Sale TBD TBD
PARF 29-Jun-19 Liquidation TBD TBD
UQM 20-Jun-19 Merger Arbitrage 6.0% 72%
TPH.TO 10-Jun-19 Expected Buyout 21.0% 50%
JAX 16-May-19 Proxy, M&A -50.0% -60%
CBAI 18-Apr-19 Liquidation 10.0% 10%
IAM.TO 15-Apr-19 M&A 3%+CVR 3%+CVR
EIM 12-Apr-19 Tender Offer 3.0% 36%
CTBO 11-Apr-19 Reverse Split 270% 270%
XIP.AX 02-Apr-19 Bidding War 10.0% 240%
AIM.TO 26-Mar-19 Tender Offer TBD TBD
RLM 19-Mar-19 Liquidation -25.0% -50%
MXWL 18-Mar-19 Merger Break 2.5% 15%
TST 13-Mar-19 Special Dividend 15.0% 135%
ATXI 12-Mar-19 M&A 76.0% 101%
BPR 05-Mar-19 Tender Offer 5.0% 60%
BPY 05-Mar-19 Tender Offer 8.0% 96%
DXIL.TA 22-Feb-19 M&A 7.5% 23%
TISA 22-Feb-19 M&A 5.0% 30%
CGP.V 21-Feb-19 M&A -14.0% -14%
LLY 15-Feb-19 Split-Off 6.0% 180%
IDM.V 07-Feb-19 M&A 10.0% 60%
OMED 07-Feb-19 M&A 46.0% 276%
THST 07-Feb-19 Tender Offer 14.0% 168%
AMID 05-Feb-19 Going Private 34.0% 204%
SIG.AX 05-Feb-19 M&A -4.0% -48%
PGLC 14-Jan-19 M&A 4.0% 16%
BPT 11-Jan-19 Distribution Cut 0.0% 0%
EMC.V 10-Jan-19 M&A 10.0% 60%
HSO.AX 10-Jan-19 M&A 10.0% 120%

 

2018        
Ticker Date published Type Return Annual IRR
AGT.TO 28-Dec-18 Going Private 15.0% 180%
NEO.TO 27-Dec-18 M&A -20.0% -70%
AJSB 27-Dec-18 M&A 10.0% 120%
GNC.AX 20-Dec-18 M&A -10.0% -24%
YMI.V 14-Dec-18 M&A 7.0% 84%
ECN.TO 12-Dec-18 Tender Offer 7.5% 90%
CZZ 05-Dec-18 Tender Offer 2.4% 25%
PACB 29-Nov-18 M&A -32.0% -32%
BDMS 28-Nov-18 M&A 4.6% 28%
INUV 16-Nov-18 M&A -3.0% -18%
IPAS 15-Nov-18 M&A 15.0% 75%
HCG.TO 12-Nov-18 Tender Offer -5.0% -60%
GCAP 28-Oct-18 Tender Offer 5.6% 151%
EGF 28-Oct-18 Tender Offer 3.7% 44%
RADH.ST 26-Oct-18 Mandatory Offer 20.0% 80%
KRL.AX 25-Oct-18 Going Private 11.0% 132%
DVMT 23-Oct-18 Higher Offer 15.0% 180%
ABCD 10-Oct-18 M&A 25.0% 1200%
TPCO 02-Oct-18 M&A -23.0% -46%
EGC 26-Sep-18 M&A 16.5% 198%
ATRM 25-Sep-18 M&A 0.0% 0%
BLBD 14-Sep-18 Tender Offer -23.0% -276%
NSFC 13-Sep-18 M&A 4.0% 48%
ALCO 11-Sep-18 Tender Offer 2.0% 25%
TRI 11-Sep-18 Tender Offer 5.0% 60%
GSB 11-Sep-18 Tender Offer 6.0% 72%
CSIQ 11-Sep-18 Going Private -1.0% -6%
LIN.DE 07-Sep-18 Share Arbitrage 0.0% 0%
ARTA.L 07-Sep-18 M&A 13.0% 140%
FTV 27-Aug-18 Split-off 8.5% 100%
LHO 24-Aug-18 M&A 4.0% 50%
TZS.TO 23-Aug-18 Liquidation TBD TBD
LFX.TO 20-Aug-18 Going Private 7.0% 12%
MDLY 16-Aug-18 M&A 17.0% 68%
BBDC 09-Aug-18 Tender Offer 0.0% 0%
TZZ.TO 07-Aug-18 Liquidation 27.0% 46%
AIM.TO 01-Aug-18 Asset Sale 21.0% 126%
QCOM 01-Aug-18 Tender Offer 5.0% 60%
SWZ 13-Jul-18 Tender Offer 8.0% 48%
NXPI 10-Jul-18 M&A -9.0% -108%
BXLC 10-Jul-18 Tender Offer 12.0% 96%
WLKR 09-Jul-18 Liquidation TBD TBD
SYTE 09-Jul-18 Reverse Split N/A N/A
RSYS 09-Jul-18 M&A 14.0% 34%
STDY 05-Jul-18 CVR TBD TBD
PCOA 28-Jun-18 Reverse Split 2.5% 65%
NTG 28-Jun-18 Rights Offering -50.0% -50%
EHIC 25-Jun-18 M&A -9.0% -14%
NCC-A 22-Jun-18 M&A 7.0% 28%
KLDX 21-Jun-18 M&A -0.2% -2%
AABA 20-Jun-18 Exchange Offer 2.0% 25%
CVRR 14-Jun-18 Exchange Offer 7.0% 56%
BWP 14-Jun-18 Unit Buyout 18.0% 468%
CSTW 12-Jun-18 M&A 6.0% 90%
TGH.NZ 07-Jun-18 M&A 10.0% 35%
MUA.AX 04-Jun-18 M&A 20.0% 40%
RMGN 01-Jun-18 Going Private 7.0% 21%
DPS 01-Jun-18 M&A 4.7% 47%
BH 30-May-18 Forced Selling 0.0% 0%
1528.HK 30-May-18 Tender Offer 7.0% 56%
AVE.V 08-May-18 M&A TBD TBD
DXTR 07-May-18 Liquidation TBD TBD
AEF 07-May-18 Expected Tender 0.0% 0%
ABBV 02-May-18 Tender Offer 5.0% 60%
WHR 27-Apr-18 Tender Offer 5.1% 61%
CIT 26-Apr-18 Tender Offer 3.3% 40%
RKN.AX 24-Apr-18 Business Sale -12.0% -120%
BORN 23-Apr-18 Going Private -12.0% -48%
USCO.V 23-Apr-18 M&A 10.0% 60%
TPCA 17-Apr-18 M&A 7.7% 15%
WGRP 13-Apr-18 M&A 7.0% 60%
GGP 09-Apr-18 M&A 0.0% 0%
LSXMK 05-Apr-18 Mean Reversion 0.0% 0%
D.UN.TO 23-Mar-18 Tender Offer 2.5% 30%
DSU 23-Mar-18 Tender Offer 6.0% 72%
CTG 22-Mar-18 Tender Offer 9.0% 108%
BBG.ASX 15-Mar-18 M&A 9.3% 223%
LCL.L 13-Mar-18 CVR -1.0% -6%
KDI.V 13-Mar-18 M&A 7.0% 56%
PSH.AMS 12-Mar-18 Tender Offer 5.2% 30%
STLY 12-Mar-18 Delisting 0.0% 0%
AAR-U.TO 08-Mar-18 M&A 1.2% 7%
LIX.V 07-Mar-18 M&A 20.0% 3600%
HLF 07-Mar-18 Tender Offer 13.6% 109%
ECN.TO 01-Mar-18 Spin-Off 1.0% 12%
SCKT 28-Feb-18 Tender Offer 2.6% 31%
VAH.ASX 28-Feb-18 Odd Lot Buyback 0.0% 0%
RCII 26-Feb-18 Expected Acquisition 25.0% 150%
ROSG 12-Feb-18 M&A -14.0% -56%
ASHG 04-Feb-18 M&A 6.0% 18%
CHDN 10-Jan-18 Tender Offer 7.0% 84%
TCPIF 09-Jan-18 Going Private 20.0% 120%
ABE.MC 09-Jan-18 Bidding War -0.5% -2%
CKTM 05-Jan-18 M&A 7.0% 21%
TOX.ASX 05-Jan-18 Special Dividend 1.0% 3%
AC 03-Jan-18 Split-off 13.0% 156%

 

2017        
Ticker Date published Type Return Annual IRR
RPRX 19-Dec-17 M&A 6.5% 237%
NEWS 14-Dec-17 CVR TBD TBD
LGN.V 14-Dec-17 M&A 10.0% 80%
CALL 13-Dec-17 M&A 5.0% 20%
EXAC 07-Dec-17 M&A -2.5% -15%
RLOG 24-Nov-17 Bankcruptcy 10.0% 250%
CMED 24-Nov-17 M&A 80.0% 240%
EVLV 24-Nov-17 M&A 8.0% 96%
CZZ 20-Nov-17 Tender Offer 11.0% 132%
LGL 17-Nov-17 Asset Sale 7.0% 12%
ABCP 16-Nov-17 Litigation Stub 134.0% 268%
PCO 16-Nov-17 Going Private 4.6% 87%
PSGLQ 15-Nov-17 Liquidation TBD TBD
FIG 15-Nov-17 M&A 3.8% 30%
EGF 15-Nov-17 Tender Offer 2.0% 50%
GHL 27-Oct-17 Expected Tender 75.0% 100%
MVC 27-Oct-17 Tender Offer 2.0% 27%
CBS 20-Oct-17 Split-Off 8.0% 94%
GHL 16-Oct-17 Tender Offer 12.0% 438%
CNTE 06-Oct-17 Tender Offer 1.0% 5%
UTG 29-Sep-17 Mean Reversion -0.1% -1%
YUME 27-Sep-17 M&A 0.0% 0%
ZAIS 08-Sep-17 Going Private 14.0% 84%
WTM 23-Aug-17 Tender Offer 1.3% 22%
DEST 03-Aug-17 Technical Sell-Off 90.0% 396%
ESSX 18-Jul-17 Liquidation TBD TBD
TPCA 26-Jun-17 Tender Offer 5.5% 45%
TIL.NO 24-Jul-17 M&A 5.0% 10%
YHOO 15-Jun-17 Tender Offer 2.0% 66%
QIWI 13-Jun-17 M&A -25.0% -100%
OJCB 09-Jun-17 M&A 10.0% 35%
FNMA 05-Jun-17 Redemption 10.0% 49%
RAD 29-May-17 M&A 10.0% 122%
STVVY 26-May-17 Special Dividend 27.0% 469%
ADES 10-May-17 Expected Dividend 23.0% 57%
WING 05-May-17 Algo Trading 10.0% 261%
CIT 04-May-17 Tender Offer 2.5% 33%
DEST 27-Apr-17 M&A 0.0% 0%
AAA 10-Apr-17 Liquidation 5.0% 65%
GECC 30-Mar-17 Tender Offer 2.7% 24%
TNGO 20-Mar-17 M&A 25.0% 207%
PCO 29-Mar-17 Going Private 0.0% 0%
ZF 16-Mar-17 M&A 4.0% 365%
PJF.LON 23-Feb-17 M&A 11.0% 23%
QQQX 06-Feb-17 CEF Arbitrage 1.0% 28%
PTXP 01-Feb-17 M&A 32.0% 109%
TJI.LON 24-Jan-17 Liquidation 52.0% 35%
LSR.LON 19-Jan-17 Liquidation 11.0% 11%
TZZ.TO 12-Jan-17 Dutch Tender 4.5% 47%
SYT 02-Jan-17 M&A 9.5% 158%
PBOX 03-Jan-17 Going Private 0.0% 0%

 

2016        
Ticker Date published Type Return Annual IRR
RAD 29-Dec-16 M&A -30.0% -30%
NBZ.TO 28-Dec-16 Tender Offer 8.7% 106%
TA-PD.TO 27-Dec-16 Preferred Arbitrage -3.7% -4%
NRO 15-Dec-16 Tender Offer 10.0% 111%
OCIP 07-Dec-16 M&A 17.0% 68%
IQNT 06-Dec-16 Higher Bid -0.2% 0%
ENT 02-Dec-16 M&A / Tender 30.0% 913%
IMSCQ 18-Nov-16 Liquidation 60.0% 7300%
WBMD 15-Nov-16 Tender Offer 2.7% 26%
NYRT 14-Nov-16 Liquidation -28.0% -28%
ACTA 09-Nov-16 Tender Offer 7.0% 71%
EGF 08-Nov-16 Tender Offer 1.1% 12%
MWW 25-Oct-16 M&A 0.0% 0%
RECN 19-Oct-16 Tender Offer 11.0% 109%
N 18-Oct-16 M&A 8.5% 207%
SLGN 18-Oct-16 Tender Offer 0.0% 0%
FVE 14-Oct-16 Tender Offer 5.8% 57%
IEGH 10-Oct-16 Reverse Split 48.0% 4380%
ZFC 15-Sep-16 Tender Offer 9.0% 82%
PG 02-Sep-16 Split-Off 7.5% 78%
BINDQ 24-Aug-16 Liquidation TBD TBD
MSM 14-Jul-16 Dutch Tender N/A N/A
FFNW 14-Jul-16 Dutch Tender 1.1% 12%
LMT 14-Jul-16 Split-off 11% 100%
COA.LN 28-Jun-16 Forced Selling 13.5% 149%
CKEC 21-Jun-16 Higher Bid 200.0% 2147%
GAIA 24-May-16 Tender Offer 2.6% 24%
MNST 13-May-16 Dutch Tender 3.9% 43%
VRTS 13-May-16 Dutch Tender 2.6% 29%
TTGT 13-May-16 Tender Offer N/A N/A
BAX 25-Apr-16 Split-Off 7.5% 91%
ASFI 12-Apr-16 Dutch Tender 2.4% 25%
TSE 29-Mar-16 Tender Offer N/A N/A
SRYB 21-Mar-16 Going Private 6.3% 17%
III 14-Mar-16 Dutch Tender 8.1% 92%
PLPM 14-Mar-16 Dutch Tender 5.0% 57%
HCG 14-Mar-16 Dutch Tender 4.1% 38%
CRAI 24-Feb-16 Dutch Tender 4.6% 53%
CHMP 24-Feb-16 Going Private 50.0% 113%
NSM 16-Feb-16 Dutch Tender 3.9% 47%
FIG 05-Feb-16 Dutch Tender 8.9% 93%
DVLY 27-Jan-16 Going Private 28.1% 84%
SNOW 12-Jan-16 Dutch Tender 2.6% 27%
SPIL 11-Jan-16 Tender Offer 9.0% 51%
ALO 08-Jan-16 Tender Offer -0.3% 0%

 

 

2015        
Ticker Date published Type Return Annual IRR
SNR 18-Dec-15 Dutch Tender 4.0% 38%
FC 15-Dec-15 Dutch Tender 9.0% 100%
NSP 09-Dec-15 Dutch Tender 2.8% 28%
CPRT 25-Nov-15 Dutch Tender -0.1% 0%
FLY 2 17-Nov-15 Dutch Tender 3.3% 33%
WLFC 17-Nov-15 Dutch Tender 3.5% 36%
FLY 16-Nov-15 Tender Offer 8.1% 80%
NCR 13-Nov-15 Dutch Tender -0.9% -11%
HUB 02-Nov-15 Exchange Offer 5% 20%
MAMS 02-Nov-15 Tender Offer 3.9% 40%
THRX 30-Oct-15 Dutch Tender 4.5% 43%
GE 20-Oct-15 Split-off 7.50% 81%
CHLN 12-Oct-15 Going Private 26% 65%
NATH 14-Sep-15 Dutch Tender 2.6% 24%
DOW 03-Sep-15 Split-off 11% 118%
HRB 03-Sep-15 Dutch Tender 4.5% 45%
JOE 24-Aug-15 Tender Offer 6.6% 67%
HNNA 24-Aug-15 Tender Offer 1.8% 20%
MSI 10-Aug-15 Dutch Tender 3.6% 44%
CDOR 10-Aug-15 Exchange Offer 0% 0%
KCLI 08-Aug-15 Going Private 9.5% 8%
NTP 03-Aug-15 Tender Offer 4.8% 45%
TIER 24-Jul-15 Dutch Tender 8.6% 98%
ALSO 07-Jul-15 Going Private 150.0% 150%
NBHC 07-Jul-15 Dutch Tender 0.5% 6%
CCEL 02-Jul-15 Tender Offer 7.6% 82%
DHR 2 27-Jun-15 Split-off 7.50% 152%
AOSL 12-Jun-15 Dutch Tender 3.1% 36%
GSOL 12-Jun-15 Tender Offer 10.1% 73%
GNL 08-Jun-15 Tender Offer 13.3% 167%
WEN 08-Jun-15 Dutch Tender 1.6% 22%
CPRT 08-Jun-15 Dutch Tender N/A N/A
EMKR 19-May-15 Dutch Tender 4.6% 50%
APLE 19-May-15 Dutch Tender 5.6% 50%
DHR 19-May-15 Split-off 5.30% 34%
BVII 15-May-15 Going Private 0.0% 0%
KCG 06-May-15 Dutch Tender 3.9% 41%
NTP 06-May-15 Tender Offer 6.0% 70%
ARR 28-Apr-15 Dutch Tender 2.5% 30%
CLS 28-Apr-15 Dutch Tender 8.7% 79%
INS 24-Apr-15 Dutch Tender N/A N/A
SLI 06-Apr-15 Dutch Tender N/A N/A
RENN 06-Apr-15 Dutch Tender 3.4% 43%
ITEX 25-Mar-15 Tender Offer 9.9% 129%
BBX 23-Mar-15 Tender Offer 9.5% 94%
MBUU 16-Mar-15 Dutch Tender 3.1% 37%
SLGN 24-Feb-15 Dutch Tender 2.2% 42%
NICK 24-Feb-15 Dutch Tender -0.3% 0%
FNFV 24-Feb-15 Dutch Tender 3.4% 43%
FREVS 23-Feb-15 Tender Offer 3.6% 45%
XHR 09-Feb-15 Dutch Tender 2.4% 29%
EXFO 13-Jan-15 Dutch Tender 7.5% 76%

 

 

2014        
Ticker Date published Type Return Annual IRR
MORE 19-Dec-14 Dutch Tender 5.1% 53%
TCX 19-Dec-14 Dutch Tender 1.9% 20%
BBRG 17-Nov-14 Dutch Tender 6.5% 67%
FCRM 17-Nov-14 Going Private 150.0% 219%
SMGI 07-Nov-14 Tender Offer 2.6% 31%
CHMT 05-Nov-14 Dutch Tender 3.6% 42%
FDP 05-Nov-14 Dutch Tender 4.1% 47%
MCGC 05-Nov-14 Dutch Tender 3.0% 34%
CMXX 02-Oct-14 Going Private 7.1% 14%
RWWI 30-Sep-14 Tender Offer N/A N/A
CACC 23-Sep-14 Tender Offer 0.5% 6%
GPX 06-Sep-14 Dutch Tender 5.6% 68%
MCEM 01-Sep-14 Going Private 3.4% 14%
FBRC 20-Aug-14 Dutch Tender 0.2% 2%
ANR 15-Aug-14 Dutch Tender 4.2% 51%
ENT 14-Aug-14 Warrant Exchange 1.0% 12%
HNH 08-Aug-14 Tender Offer N/A N/A
FMNB 08-Aug-14 Tender Offer 2.9% 34%
WBMD 06-Aug-14 Tender Offer 1.1% 13%
IBCA 05-Aug-14 M&A 5.0% 20%
GSI 10-Jul-14 Dutch Tender 0.0% 0%
FPCG 23-Jun-14 Going Private 25.0% 101%
CBS 11-Jun-14 Split-Off 7.50% 68%
UDF 04-Jun-14 Tender Offer 4.6% 52%
WY 23-May-14 Split-Off 7.20% 53%
CACC 16-May-14 Tender Offer N/A N/A
HKFI 12-May-14 Going Private -15.0% -15%
GSOL 08-May-14 Tender Offer 17.5% 200%
NYRT 16-Apr-14 Tender Offer 1.9% 22%
HCT 09-Apr-14 Tender Offer 8.7% 99%
SPLP 08-Apr-14 Dutch Tender -1.2% -1%
G 06-Mar-14 Dutch Tender 1.2% 13%
CACC 27-Feb-14 Tender Offer N/A N/A
HELE 12-Feb-14 Dutch Tender 6.6% 76%
OUTR 11-Feb-14 Dutch Tender -1.3% -15%
WEN 14-Jan-14 Dutch Tender 5.0% 57%

 

2013        
Ticker Date published Type Return Annual IRR
TARO 25-Nov-13 Dutch Tender 1.80% 19%
BPI 14-Nov-13 Tender Offer 10.0% 104%
CXP 11-Oct-13 Dutch Tender 11.4% 119%
WBMD 19-Aug-13 Tender Offer 6.5% 68%
HAL 26-Jul-13 Dutch Tender 5.5% 57%
WEF 02-Jul-13 Dutch Tender 1.3% 14%
COLE 20-Jun-13 Dutch Tender 12.30% 128%
GKNT 18-Jun-13 Dutch Tender 1.1% 11%
APF 03-Jun-13 Tender Offer 7.0% 73%
CSG 31-May-13 Dutch Tender 9.40% 98%
PFE 23-May-13 Split-Off 7.5% 46%
FBRC 21-May-13 Dutch Tender N/A N/A
ETEC 09-May-13 Going Private 4.0% 24%
HLIT 26-Apr-13 Dutch Tender 9.5% 99%
SSY 06-Feb-13 Tender Offer 28.0% 292%


2012        
Ticker Date published Type Return Annual IRR
PPG 27-Dec-12 Split-Off 11.0% 89%
KENT 26-Dec-12 Going Private 17.0% 95%
MSF 14-Jun-12 Tender Offer 19.0% 198%
IFF 14-Jun-12 Tender Offer 20.0% 209%
TKF 13-Jun-12 Tender Offer 12.5% 130%
JAKK 29-May-12 Tender Offer 10.3% 107%