Capital Ventures International: James River Coal Company (NASDAQ:JRCC) recently went up in the equity portfolio of Capital Ventures International, which recently disclosed ownership of 5.2% of the company. In this way, Capital Ventures added around 1.87 million shares, boosting its position to 1.95 million shares, worth around $3.9 million, at the current price of company’s stock.
James River Coal Company declared a net income of $52.6 million, equivalent to $1.16 per diluted share for the last quarter, versus a net loss of $25.8 million reported for the same period of last year. James River Coal Company operates several mines specialized in extraction of thermal and metallurgical coal.
Aside from Capital Ventures International, some other hedge funds from our database also reported stakes in James River Coal Company in the latest round of 13F filings. Citadel Investment Group, managed by Ken Griffin, disclosed ownership of 538,800 shares of the company. Gregory Fraser, Rudolph Kluiber, and Timothy Kroch’s Grt Capital Partners had a stake which contained 437,800 shares, while the position held by Arrowstreet Capital, managed by Peter Rathjens, Bruce Clarke and John Campbell involved around 189,200 shares of James River Coal Company.