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

 

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 9 Most Dangerous Countries for Tourists to Visit

Reign of Terror: The 10 Most Ruthless Politicians in History

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

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!