In two new moves filed today with the Securities and Exchange Commission, Ken Griffin
and his fund Citadel Investment reported boosting its stake in ChannelAdvisor Corp (NYSE:ECOM)
and KB Home (NYSE:KBH)
In ChannelAdvisor Corp (NYSE:
ECOM) Citadel revealed ownership of 1.22 million shares, the stake representing 5.4% of the common stock. Earlier, in its latest 13F, the fund disclosed holding around 1.01 million shares of the company.
ChannelAdvisor Corp (NYSE:
ECOM) is a provider of software-as-a-service solutions enabling retailers and manufacturer to integrate, optimize and manage their merchandise sales across their online channels.
Recently, Louis Volpe
a director at ChannelAdvisor Corp (NYSE:
ECOM) has dumped its holding, by selling close to 56,000 shares, at a price of $39.76 apiece. Another director, Kodiak Ventures Management Company, Inc.
, also sold 27,540 shares on the same day.
’ Cupps Capital Management, boosted its position in ChannelAdvisor Corp (NYSE:
ECOM) to 327,624 shares at the end of the fourth quarter, from 213,907 shares held previously.
In the second filing, Citadel reported raising the stake in KB Home (NYSE:
KBH) to a total of 5.1% of the common stock, the stake amassing 4.27 million shares, above the previous amount of 2.65 million shares held at the end of 2013.
KB Home (NYSE:
KBH) builds a single-family residential homes, townhomes and condominiums. Odey Asset Management Group, managed by Crispin Odey
, held 4.71 million shares of KB Home, worth $86.07 million at the end of the fourth quarter. Millennium Management, run by Israel Englander
also revealed owning 642,717 shares with a reported value of $5.01 million at the end of the fourth quarter of 2013.
Recently, Citadel Investment Group disclosed boosting
its stake in Beazer Homes USA Inc. (NYSE:BZH
) to 1.34 million common stock shares from 201,000 shares held earlier. Earlier this month
, the fund also reported initiating a position in Home Company Inc (NYSE:NWHM
), amassing 917,100 shares and boosting its position in Ralph Lauren Corp (NYSE:RL
) to 3.17 million shares from 1.16 million shares held earlier.
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