Patrick Mccormack’s Tiger Consumer Management Reports 6.59% Stake in LIZ

Patrick Mccormack’s Tiger Consumer Management disclosed its 6.59% new passive stake in Claiborne Liz Inc. (LIZ) on October 24th. Tiger Consumer Management did not have any position in LIZ in the second quarter, and the firm now possesses nearly 6.24 million shares in the stock. Highlights in LIZ’s Q3 sales on October 12th boosted the stock to rise on unusual high volume.  It’s also possible for Tiger Consumer Management to enter at that time. Now LIZ has returned 12% year to date, and is closed at $7.74.

Based on Insider Monkey’s hedge fund tracking list, in the second quarter, totally eighteen hedge funds retained their positions in LIZ. Brett Barakett’s Tremblant Capital reported 8.58 million shares, giving a more than 9% stake ownership. Anand Parekh’s Alyeska Investment Group had 5.79 million shares, or 6.11% stake. Chuck Royce’s Royce & Associates had 2.58 million shares.

Chuck Royce

Patrick McCormack is a hedge fund manager who previously worked at Julian Robertson’s Tiger Management hedge fund. His fund Tiger Consumer Management is one of several funds that were seeded by Julian Robertson. Tiger Consumer was founded in 2006 and as the name implies invests primarily in consumer-related themes. At June 30, the fund’s 13F assets totaled approximately $1.26B. (Patrick McCormack’s and Tiger Consumer’s Favorite Stock Picks)

Liz Claiborne, Inc. engages in the design and marketing of a range of apparel and accessories. The company offers apparel, denim, and sportswear under a series of brands, including Juicy Couture, Kate Spade, Lucky Brand, Mexx, Liz Claiborne, Monet, Mac & Jac, Kensie and Dana Buchman, and the licensed DKNY Jeans and DKNY Active Brands. The company operated a total of 482 specialty retail stores within and outside the United States. The Company sold its Dana Buchman brand to Kohl in October 2011. Liz Claiborne, Inc. was founded in 1976 and is based in New York.

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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

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

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!