SAC Capital Raises Stake in Source Interlink (SORC) to 5.4%
08-29-2006 09:41:20 AM
In a 13G filing just released to the SEC, SAC Capital disclosed a 5.4% stake (2.8 million shares) in Source Interlink (SORC). This is up from the 2.5 million share stake the investment firm disclosed in a quarterly regulatory filing.
Source Interlink Companies is a leading marketing, merchandising and fulfillment company of entertainment products including DVDs, music CDs, magazines, books and related items.
Shares of Source Interlink were up 2.23% to $10.99 in early action Tuesday.
SAC Capital Raises Stake in AC Moore Arts & Crafts (ACMR) to 5.3%
08-28-2006 10:20:30 AM
In a 13G filing just released to the SEC, SAC Capital disclosed a 5.3% stake (1.05 million shares) in AC Moore Arts & Crafts Inc. (ACMR). This is up from the 52K share stake the investment firm disclosed in a quarterly regulatory filing.
A.C. Moore operates arts and crafts stores that offer a vast assortment of traditional and contemporary arts and crafts merchandise for a wide range of customers. The Company operates 114 stores in the Eastern United States.
SAC Capital Raises Stake in Greenbrier Companies (GBX)
08-17-2006 03:57:31 PM
In a 13G filing released to the SEC, SAC Capital disclosed a 5.1% stake (805K shares) in The Greenbrier Companies (GBX). This is up from the 650K share stake the firm disclosed in a quarterly 13F filing.
The Greenbrier Companies. headquartered in Lake Oswego, OR, is a leading supplier of transportation equipment and services to the railroad industry.
Run by Steven A. Cohen, SAC Capital is one of the world's largest hedge funds.
Sources: SEC Filings & 13G Filings at Street Insider
Wednesday, August 30, 2006
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4 comments:
hey yasser
good job with the sec filing posts..i think they are really helpful. Question is though, do you use them in your investment decisions, i certainly do.
J.
J,
I certainly use them. Its always good to know who's your fellow shareholder!
I'm glad they are of help.
Tx for stopping by
re: GBX and SAC capital...doesn;t it worry you a bit? I mean what does SAC intend to DO with a 5% stake, buy or sell or what?
CC in Naples, FL
It doesn't worry me that SAC has a stake in the company. SAC has a great track record but that doesn't mean they can't be wrong. I've come to notice when SAC has a 5% or so stake in a company, they hold it for on average 11-14 months.
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