Elite Hedge Funds Are Making Moves On These 3 Stocks

A Schedule 13G filed with the SEC disclosed that Daniel Lascano’s Lomas Capital Management currently owns 750,513 shares of Habit Restaurants Inc. (NASDAQ:HABT), which account for 5.45% of its outstanding common stock. This represents an increase of 351,842 shares from the position it disclosed in its 13F filing for the June quarter. The burger chain has seen its shares decline by more than 28% since the beginning of the year, so the investment firm seems to be acquiring shares on weakness. Habit Restaurants Inc. (NASDAQ:HABT) reported comparable restaurant sales growth of 8.9% for the second quarter, which marked the company’s 46^th period of positive same-store sales. The number of hedge funds we track with positions in the burger chain increased to 11 on June 30 from eight quarter-over-quarter, amassing 5.40% of the company’s shares. At the same time, the value of the money poured into the stock increased to $43.54 million from $24.55 million. Donald Chiboucis’ Columbus Circle Investors reported owning nearly 375,000 shares of Habit Restaurants Inc. (NASDAQ:HABT) through its latest 13F filing.

Another freshly-amended 13G filing reveals that Bob Peck and Andy Raab’s FPR Partners LLC owns a stake of 5.27 million shares of ViaSat Inc. (NASDAQ:VSAT), which is up by 562,610 shares from the position it revealed during the June round of 13F filings. The newly-disclosed stake accounts for exactly 11.0% of the company’s outstanding common stock. The shares of the global provider of satellite and wireless services have advanced by over 4% since the start of 2015. A recently-announced connectivity partnership between ViaSat Inc. (NASDAQ:VSAT) and Virgin America enables travelers to benefit from a quicker Wi-Fi connection on ten of the aircraft in Virgin’s airbus fleet, and also allows Netflix Inc. (NASDAQ:NFLX) users to watch the best programming available for free. Meanwhile, 14 hedge funds from our extensive database had positions in the stock at the end of the second quarter, compared to 16 reported at the end of the prior one. Even so, these hedge funds accumulated almost half (47.30%) of the company’s shares on June 30. The value of the overall positions increased to $1.36 billion from $1.33 billion quarter-over-quarter. Seth Klarman’s Baupost Group is by far the largest stockholder of ViaSat Inc. (NASDAQ:VSAT) within our database, holding 11.53 million shares.

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