Billionaires Steven Cohen and Stephen Mandel Disclose Huge Stakes in Lumber Liquidators Holdings Inc (LL)

In a couple of new filings with the SEC, Stephen Mandel‘s Lone Pine Capital, and SAC Capital Advisors, managed by Steven Cohen, disclosed holding significant positions in Lumber Liquidators Holdings Inc (NYSE:LL). Lone Pine has initiated its position in the company and currently holds 2.19 million shares, equal to 7.9% of the stock. SAC Capital reported boosting its stake to  1.39 million shares, which represent  5.0% of the common stock, from 60,144 shares owned by the fund previously.

LONE PINE CAPITAL

Lumber Liquidators Holdings Inc (NYSE:LL) sells hardwood flooring at “liquidator” prices.

Daruma Asset Management, led by Mariko Gordon, is another fund that we track, is the largest shareholder of Lumber Liquidators Holdings Inc (NYSE:LL). The fund held 445,621 shares, with a reported value of $47.53 million at the end of the third quarter.

A couple of months ago, Robert Lynch, a director at Lumber Liquidators Holdings Inc (NYSE:LL), added 4,647 shares to his holding and currently owns 34,500 shares of the company. At the same time, another director, John Presley, trimmed his stake by 26,385 shares and currently holds 22,491 shares.

Last month, SAC Capital, added 1.25 million shares of Textura Corp (NYSE:TXTR), the stake amasses 5.0% of the company’s common stock. Also, recently the fund along with its its affiliates has upped its stake in PDC Energy Inc (NASDAQ:PDCE) to around 1.81 million shares of the company, from 21,500 shares held earlier.

Lone Pine Capital added SBA Communications Corporation (NASDAQ:SBAC) to its equity portfolio a couple of weeks ago, and revealed owning 8.20 million class A shares. The stake amasses 6.4% of the class A common stock of SBA Communications. In addition, the fund revealed that it has upped its holding in Wyndham Worldwide Corporation (NYSE:WYN) to 6.77 million shares from 5.71 million shares held earlier. The current holding represents 5.2% of  the common stock of Wyndham Worldwide.

Disclosure: none

Recommended reading:

Tenaya Capital’s Two Recent Moves: Cyan Inc (CYNI) And Meru Networks, Inc. (MERU)

Billionaire Leon Cooperman’s Recent Moves: Arbor Realty Trust, Inc. (ABR), Atlas Energy LP (ATLS) & Others

Daniel Benton’s Andor Capital Is Fond of Facebook Inc (FB) And Apple Inc. (AAPL) Among Others

 

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!