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Lululemon Gives Up Early Morning Gains Following Lone Pine Capital's Disclosure Of 5% Stake
Tuesday, January 26, 2016 - 11:21am | 113Lone Pine Capital, a hedge fund managed by Stephen Mandel, disclosed after Monday's market close a 5 percent stake in Lululemon Athletica inc. (NASDAQ: LULU). Shares of Lululemon opened for trading at $58.73 on Tuesday and quickly soared to an intra-morning high of $59.24. However, the...
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7 Stocks Institutional Investors Bought Like Crazy In Q3
Friday, November 20, 2015 - 3:19pm | 664With the third quarter 13F season over, it’s time to look at some statistics. Some of the most popular stocks among institutional investors have been measured by the number of firms that started new stakes over the quarter. Among the top popular names are Kraft Heinz Co (NASDAQ: KHC) and...
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Cheniere Energy Spikes After Carl Icahn Goes Long
Friday, August 7, 2015 - 3:08pm | 286Shares of Cheniere Energy, Inc. (NYSE: LNG) were up more than 5 percent on Friday, after Carl Icahn disclosed late Thursday a new activist position in the company. According to the 13D filing, Icahn owns 19,353,530 shares of the company’s Common Stock, which represent 8.18 percent of the...
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Hedge Fund Giants Mario Gabelli, Stephen Mandel & Andreas Halvorsen Are Getting Active
Sunday, July 19, 2015 - 1:32pm | 342Many investors consider tracking hedge fund moves central to their strategy. Let’s take a look at the past week’s most relevant hedge fund moves. GAMCO Investors Mario Gabelli’s GAMCO Investors was quite active this week. On Tuesday, the fund disclosed a new position, with...
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Lone Pine Capital Shuffles Its Top 5 Positions
Monday, May 18, 2015 - 6:46am | 432According to its most recent 13F filing, Stephen Mandel’s Lone Pine Capital saw its equity portfolio’s value rise more than 10 percent over the first quarter of the year. Currently worth more than $26.4 billion, it is focused on tech stocks, which account for 34 percent of the...
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Stephen Mandel's Lone Pine Capital Loves Tech, Consumer Stocks
Wednesday, February 18, 2015 - 6:18pm | 750Stephen Mandel’s Lone Pine Capital is among the financial institutions obliged to file a 13F for every quarter. In its latest filing, the firm disclosed its long equity positions as of December 31, 2014, worth approximately $23.85 billion in the market. Adds Visa Inc (NYSE: V) -...
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A Look at Steven Mandel's Lone Pine Capital
Friday, August 24, 2012 - 2:41pm | 1162Lone Pine Capital is one of the largest equity-focused hedge funds in the United States and is based in Greenwich, Connecticut. The firm also has offices in London, Hong Kong, and New York. Lone Pine was founded by billionaire Stephen Mandel in 1997 and currently manages around $16.5 billion. Prior...
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Apple: Hedge Fund Ownership Makes It the King Kong of Crowded Trades
Friday, February 24, 2012 - 5:59pm | 1041When examining the investment merits of Apple (NASDAQ: AAPL), it is not hard to see why the company has become THE darling of Wall Street. Everyone is making money in this name. Furthermore, it looks like this story is far from over. Everything continues to line up for the stock and it looks like...