Chicago fund takes €1 billion bet on Ryanair as it plays long game

Barry J Whyte

Chief Feature Writer @whytebarry
23rd June, 2019

A multibillion-dollar Chicago mutual fund has spent more than €1 billion over the past nine months building up an 8 per cent stake in under-fire airline Ryanair, stock exchange filings show.

Harris Associates, which manages about $141 billion in assets, is known for taking long-only positions on shares, meaning the firm is taking a bet that the airline’s shares are set to rise.

Stock exchange filings show that last week the firm bought €111.7 million...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 10 months ago

The Daily Briefing

The Daily Briefing