Friday, July 21, 2006

SAC Capital and Related Funds Raise Stake in Marinemax (HZO) to 5.1%

In a 13G filing released today with the SEC, Steven A. Cohen's SAC Capital and related funds disclosed a 5.1% stake (958K shares) in Marinemax Inc (HZO). This is up from the prior stake of 52,500 shares the hedge fund disclosed in a quarterly 13F filing with regulators.

Headquartered in Clearwater, Florida, MarineMax is the nation's largest recreational boat and yacht retailer.

Source: Sec Filings & SI

1 comments:

Paul Stiles said...

Hey Yaser,

Just came across your blog while searching for short ideas. Great call on TIE.

I'm expecting a rally back up to the 50 dma soon and plan on shorting then.

Good luck,

Paul