Levin Capital Strategies LP purchased $1.68M worth of shares in Fluidigm Corp. in June 2018

Jul 08, 2018
Insider Transactions
Background Information
LCS follows a large-cap, bottom-up, value investment strategy. The firm invests client assets primarily in equity securities, of both domestic and foreign issuers that are traded on a US exchange. The firm invests client assets primarily in equity securities, of both domestic and foreign issuers that are traded on a US exchange. For their separately managed accounts, WRAP accounts, model portfolios and sub-advised funds following long-only strategies, LCS primarily invests in equity securities, ADRs/ADSs (including large foreign issuers whose ADRs/ADSs trade over-the counter), foreign equity securities traded on a foreign or a recognized US exchange, US Treasury obligations, corporate debt, warrants, convertible securities and exchange-traded funds. LCS utilizes a fundamental, bottom-up methodology to construct a managed account’s portfolio. The firm believes that the fundamental approach to select attractive long and short equity positions is the key to achieving sustained and substantial appreciation. They will typically engage in a detailed, bottom-up analysis of potential investments in evaluating potential investments. The funds also may utilize derivative instruments such as put and call options, SWAP or contracts for differences (CFD) transactions in particular securities, indices, SWAP baskets, futures contracts on market indices and put and call options on market indices in implementing its strategy.
Fluidigm Corp. is engaged in the development, manufacture and marketing of biotechnology tools fro life sciences research. It sells preparatory and analytical instruments for mass cytometry, polymerase chain reaction, library prep, single cell genomics; and consumables including integrated fluidic circuits (IFCs), assays, and reagents. The company was founded by Stephen R. Quake and Gajus V. Worthington on May 19, 1999 and is headquartered in South San Francisco, CA.