Adding Acacia Research To My Value Portfolio
Acacia(ACTG) seekingalpha.com·2024-05-27 01:37
Warchi I have recently added a quarter position of Acacia Research (NASDAQ:ACTG) to my value portfolio and will use any dips to add shares until I have a half portfolio position. Acacia Research is a type of BDC (business development company) which seeks to acquire, manage, and eventually sell off small to mid-sized (<$1B) companies in the industrial, energy, technology, and healthcare verticals. It is majority (61%) owned and influenced by Starboard Value LP, an investment adviser (see their website an ...