Hedge Funds Gain Big After Amlin $AMLN Reports Higher Than Expected

Amlin Pharmaceuticals (AMLN) rose 11.13% on Thursday morning after it reported a GAAP loss of 9 cents per share, which was narrower than the 15 cents per share loss estimated by analysts reports NASDAQ. AMLN's revenues also exceeded expectations. Shares rose from $10.24 at close yesterday to trade at $11.70 a share as of 9:50 am this morning.
ICAHN CAPITAL Carl Icahn
The following hedge funds made the most:

1. Visium Asset Management - Jacob Gottlieb: Gained $24.9 million

2. Icahn Capital Lp - Carl Icahn: Gained $20.9 million

3. Sac Capital Advisors - Steven Cohen: Gained $10.3 million

4. Partner Fund Management - Christopher Medlock James: Gained $3.3 million

5. Millennium Management - Israel Englander: Gained $1.0 million

6. Renaissance Technologies - Jim Simons: Gained $1.0 million

7. Caxton Associates Lp - Bruce Kovner: Gained $525,000

8. Alyeska Investment Group - Anand Parekh: Gained $434,000

9. Kingdon Capital Management - Mark Kingdon: Gained $379,000

10. D E Shaw - D. E. Shaw: Gained $131,000

DISCLAIMER: These calculations assume that these hedge funds did not increase or reduce their stock positions in AMLN since the end of June. We did not take into account their option positions.
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 30 percentage points in 13 months Learn how!

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!