Davis-Rea LTD Raised Activision Blizzard (ATVI) Position; Qvt Financial LP Has Lifted Alibaba Group Hldg LTD (BABA) Holding by $3.71 Million

Activision Blizzard, Inc. (NASDAQ:ATVI) Logo

Davis-Rea Ltd increased its stake in Activision Blizzard Inc (ATVI) by 33.27% based on its latest 2018Q4 regulatory filing with the SEC. Davis-Rea Ltd bought 12,650 shares as the company’s stock declined 18.09% while stock markets rallied. The institutional investor held 50,670 shares of the technology company at the end of 2018Q4, valued at $2.36 million, up from 38,020 at the end of the previous reported quarter. Davis-Rea Ltd who had been investing in Activision Blizzard Inc for a number of months, seems to be bullish on the $34.09 billion market cap company. The stock increased 3.02% or $1.31 during the last trading session, reaching $44.63. About 12.74 million shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has declined 41.97% since March 17, 2018 and is downtrending. It has underperformed by 46.34% the S&P500. Some Historical ATVI News: 10/04/2018 – Call of Duty: WWII ‘The War Machine’ DLC Pack Rolls out Today; 03/05/2018 – ACTIVISION BLIZZARD INC SEES CY 2018 REV $7,355 MLN; 03/05/2018 – Activision Blizzard sales hit by success of `Fortnite’; 12/03/2018 – Rise Nation Crowned Champion of the CWL Atlanta Open; 12/03/2018 – Hearthstone® Players Can Unleash Their Inner Beast in Upcoming Expansion The Witchwood™; 20/03/2018 – S&P Raises Ratings on Activision, Including Corporate Credit Rating, to ‘BBB+’ From ‘BBB’; 20/03/2018 – S&PGR Upgrades Activision Blizzard To ‘BBB+’; Outlook Stable; 03/05/2018 – ACTIVISION BLIZZARD INC SEES CY 2018 GAAP SHR $1.79; 05/04/2018 – Spyro, the Original Roast Master, is Back! Spyro Reignited Trilogy Arrives Sept. 21; 04/05/2018 – Activision Blizzard sales hit by success of rival’s `Fortnite’

Qvt Financial Lp increased its stake in Alibaba Group Hldg Ltd (BABA) by 45.58% based on its latest 2018Q4 regulatory filing with the SEC. Qvt Financial Lp bought 27,100 shares as the company’s stock rose 17.52% with the market. The hedge fund held 86,551 shares of the business services company at the end of 2018Q4, valued at $11.86 million, up from 59,451 at the end of the previous reported quarter. Qvt Financial Lp who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $469.11B market cap company. The stock increased 0.34% or $0.61 during the last trading session, reaching $180.97. About 10.84 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 2.89% since March 17, 2018 and is uptrending. It has underperformed by 1.48% the S&P500. Some Historical BABA News: 30/05/2018 – China’s Wanda Group, Tencent team up for ‘smart retail’; 19/03/2018 – Japan’s Aeon teams up with Alibaba-backed startup on AI-run stores; 21/03/2018 – Tencent spending spree turns up heat on Alibaba; 04/05/2018 – Alibaba Is in ‘Super Uber Growth Mode,’ GBH’s Ives Says (Video); 08/05/2018 – The deal marks another foray for Alibaba into the South Asian market; 20/04/2018 – E-commerce titan Alibaba Group Holding Ltd has bought a Chinese microchip maker to further its cloud-based “internet of things” (IoT) business; 19/03/2018 – ALIBABA IS SAID TO MULL BUYING ROCKET INTERNET’S PAKISTAN UNIT; 13/04/2018 – ANALYSIS-Trade war or not, China is closing the gap on U.S. in technology IP race; 15/05/2018 – THIRD POINT REDUCED BABA, BLK, DWDP, GOOGL, MHK IN 1Q: 13F; 06/04/2018 – SOFTBANK IS SAID TO BORROW $8 BILLION BACKED BY ALIBABA HOLDING – BLOOMBERG, CITING

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Investorplace.com which released: “To Move Higher, Nintendo Stock Needs Only a Switch… in Direction – Investorplace.com” on March 14, 2019, also Fool.com with their article: “Activision Blizzard Is Doubling Down on Franchise Development – The Motley Fool” published on February 16, 2019, Seekingalpha.com published: “Activision Blizzard: Losing Its Voice – Seeking Alpha” on February 25, 2019. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Globenewswire.com and their article: “EQUITY ALERT: Rosen Law Firm Reminds Activision Blizzard, Inc. Investors with over $100K in Losses of the Important March 19th Deadline in the Securities Class Action Lawsuit – ATVI – GlobeNewswire” published on March 16, 2019 as well as Investorplace.com‘s news article titled: “Tencent Stock Still Is at the Mercy of China’s Video Game Regulators – Investorplace.com” with publication date: March 14, 2019.

Davis-Rea Ltd, which manages about $151.25 million US Long portfolio, decreased its stake in Baytex Energy (NYSE:BTE) by 314,681 shares to 1.11 million shares, valued at $1.97 million in 2018Q4, according to the filing. It also reduced its holding in Vermilion Energy Inc (NYSE:VET) by 156,534 shares in the quarter, leaving it with 18,155 shares, and cut its stake in Brookfield Asset Mgmt (NYSE:BAM).

Alibaba Group Holding Limited (NYSE:BABA) Ratings Chart