It was an all-or-nothing kind of quarter for Wilbur Ross (Trades, Portfolio), but that is pretty much the way each quarter has been recently for Ross, founder of private equity firm WL Ross & Co. Sometimes he does reduce or add to existing stakes in his portfolio, but much of the time he buys or sells stakes, as he did in the second quarter.
The majority of Ross’ five second-quarter transactions were sales of stakes from his portfolio, but his most noteworthy deal was his purchase of a 269,282-share stake in InterXion Holding NV (NYSE:INXN), an Amsterdam-based provider of carrier and Cloud-neutral co-location data center services. Ross paid an average price of $29.64 per share in an acquisition that had a 0.94% impact on his portfolio. Continue Reading »