"There have been no large positions taken and nothing has changed," he said.

His reported 4.9 percent stake is thought to be the largest position held by a single investor.

The absence of a large short position also means that there is little price pressure, up or down.

"I am in the process of proposing to the university a larger position for myself," she said.

They often take larger positions in their home companies and are vocal about getting the greatest return possible.

But it was never able to hold large fixed positions.

"What they may speak of is that the big players have taken a very large cautious position."

"I want to own large positions in order to make the things perform."

The trader had used leverage to build a very large position.

Because he tends to take large positions, each stock decision is crucial.