October 28, 2020-Alken Asset Management Ltd. acquires Bank of America, Amazon.com Inc, ServiceNow Inc.

According to the latest filing, the London-based X0 investment company Alken Asset Management Ltd. (current portfolio) acquired Bank of America, Amazon, ServiceNow Inc, NextEra Energy Inc, Wells Fargo in the three months ending in 2020Q3. As of the third quarter of 2020, Alken Asset Management Ltd. owns 8 stocks with a total value of US$10 million. These are the details of the sale.

For more information about Alken Asset Management Ltd. stock trading, please visit https://www.gurufocus.com/guru/alken+asset+management+ltd./current-portfolio/portfolio

These are the top five stocks of Alken Asset Management Ltd.

1. Bank of America (BACpL.PFD)-2,780 shares, accounting for 39.85% of the total investment. Increased shares 101.45%
2. Microsoft Corp (MSFT)-7,750 shares, accounting for 15.65% of the total investment portfolio.
3. Amazon.com Inc (AMZN)-450 shares, accounting for 13.61% of the total investment portfolio.New location
4. ServiceNow Inc (NOW)-2,400 shares, accounting for 11.18% of the total investment portfolio.New location
5. NextEra Energy Inc (NEEPO)-17,400 shares, accounting for 9.05% of the total investment portfolio.New location

New purchase: Amazon.com Inc (AMZN)

Alken Asset Management Ltd. initiated a holding in Amazon.com Inc. The purchase price is between US$2878.7 and US$3531.45, with an estimated average price of US$3151.21. The current trading price of the stock is approximately US$3,192.23. The impact of this purchase on the investment portfolio was 13.61%. As of 2004, the company held 450 shares.

Newly purchased product: ServiceNow Inc (NOW)

Alken Asset Management Ltd. began to hold shares in ServiceNow Inc. The purchase price is between US$401.87 and US$499.69, with an estimated average price of US$446.12. The stock is currently trading at approximately $486.53. The impact of this purchase on the investment portfolio is 11.18%. As of 2004, the company held 2,400 shares.

Newly purchased product: NextEra Energy Inc (NEEPO)

Alken Asset Management Ltd. originally held shares in NextEra Energy Inc. The purchase price is between US$49.61 and US$57.31, with an estimated average price of US$54.48. The stock is currently trading at approximately $58.57. The impact of this purchase on the investment portfolio is 9.05%. As of the end of 2008, the company held 17,400 shares.

Newly purchased goods: Wells Fargo & Co (WFCPL.PFD)

Alken Asset Management Ltd. originally held Wells Fargo & Co. The purchase price is between US$1304.49 and US$1388.01, with an estimated average price of US$1350.4. The current trading price of the stock is approximately $1,369.84. The impact of this purchase on the investment portfolio is 6.45%. As of 2007, the company held 500 shares.

New Products: Nike Company (NKE)

Alken Asset Management Ltd. initiated the holding of Nike. The purchase price is between US$95.65 and US$127.11, with an estimated average price of US$107.3. The stock is currently trading at approximately $122.10. The impact of this purchase on the investment portfolio was 4.22%. As of the end of 2007, the company held 3,500 shares.

New purchase: Visa Inc (V)

Alken Asset Management Ltd. began to hold shares in Visa Inc. The purchase price is between US$189.02 and US$216.48, with an estimated average price of US$199.76. The stock is currently trading at approximately $181.56. The impact of this purchase on the investment portfolio is less than 0.01%. As of 2007, the company held 5,500 shares.

Add: Bank of America (BACPL.PFD)

Alken Asset Management Ltd. increased its shareholding in Bank of America by 101.45%. The purchase price is between US$1354.92 and US$1521.49, with an estimated average price of US$1463.9. The stock is now trading at approximately $1475.00. The impact of this purchase on the investment portfolio is 20.07%. As of the end of 2008, the company held 2,780 shares.

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