22 Apr 2020 ValueAct Capital Partners has built a stake of over $1.1 billion in Nintendo ( Portfolio )

ValueAct, which first began buying the stock in April 2019, grew the position in Nintendo during the stock market sell-off in February and March. Nintendo’s future is bright, ValueAct wrote in its letter, adding there is potential for growth both in the software business and room for the company to transform itself into a broader entertainment company.