Bennett Lawrence’s Long Positions Beat the Market in Q1; Here are Van Schreiber’s Picks for Q2

According to the latest 13F filing Van Schreiber has increased his position in Dollar Tree, Inc. (NASDAQ:DLTR) by 41% during the quarter, taking it to 135,865 shares valued at $11.03 million. Dollar Tree, Inc. (NASDAQ:DLTR) is currently in the process of completing the acquisition of Family Dollar Stores, Inc. (NYSE:FDO) and has recently announced that the Federal Trade Commission has almost finished its review of the deal and stated that more than 300 locations will need to be disposed. Andreas Halvorsen‘s Viking Global and Jonathon Jacobson’s Highfields Capital Management are the two largest shareholders of Dollar Tree, Inc. (NASDAQ:DLTR) among the funds we track, according to the previous round of 13F filings.

On the fourth and fifth spot in Bennett Lawrence’s equity portfolio are Western Alliance Bancorporation (NYSE:WAL) and Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA). In Western Alliance Bancorporation (NYSE:WAL), the investor inched up its position to 366,900 shares valued at $10.88 million. Western Alliance Bancorporation (NYSE:WAL) is a small-cap provider of banking and lending services, whose stock gained almost 10% year-to-date and is up by 33% over the past calendar year. Billionaires Israel Englander and Ken Griffin own significant positions in the company as of the end of 2014, holding 1.91 million shares and 674,800 shares respectively. On the other hand, Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA)’s stock had an even more impressive run since the beginning of the year, advancing by 21%. Stephen Mandel’s Lone Pine Capital owns 3.34 million shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), according to its latest 13F filing, which makes it the largest shareholder among the funds in our database. 

Disclosure: None