Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Funds Gain Big After $LCC Up 7.71%

US Airways Group Inc. (LCC) increased 7.71% on Wednesday after the company completed their transfer takeoff and landing rights at LaGuardia and Reagan National airports. LCC closed at $5.19 on Tuesday, and it’s priced at $5.59 after the market closed today. This is a $0.40 or 7.71% up in the price.

David Tepper

Here is a list of hedge funds that might gain big due to LCC’s increase.

1. Appaloosa Management – David Tepper: gains $3.72 million

2. Capital Growth Management – Ken Heebner: gains $1.95 million

3. Vinik Asset Management – Jeffrey Vinik: gains $740 thousand

4. AQR Capital Management – Cliff Asness: gains $321 thousand

5. Millennium Management – Israel Englander: gains $233 thousand

6. Citadel Investment Group – Ken Griffin: gains $153 thousand

7. SAC Capital Advisors – Steven Cohen: gains $147 thousand

8. Magnetar Capital – Alec Litowitz and Ross Laser: gains $125 thousand

9. Harbert Management – Raymond J. Harbert: gains $92 thousand

10. Manatuck Hill Partners – Mark Broach: gains $80 thousand

DISCLAIMER: These calculations assume that these hedge funds did not increase or reduce their stock positions in LCC since the end of September. We did not take into account their option positions.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!