Pall Corp (PLL), a supplier of filtration, separation and purification technologies, declined 9.91% after announcing its preliminary fourth quarter and full-year results. CEO Eric Krasnoff said, “Life Sciences’ overall performance was solid while profitability in Pall Industrial fell short of what we anticipated. The end result is that the fourth quarter is a disappointing finish to an otherwise good year.”
In response to the reveal of the financial performance, PLL lost $4.84 yesterday. Here are the 6 hedge funds lost most in the decline yesterday:
1. Third Point – Dan Loeb: Lost $10.2 Million
2. East Side Capital – Steven Richman: Lost $6.6 Million
3. Healthcor Management Lp -Arthur B Cohen And Joseph Healey: Lost $5.8 Million
4. Highfields Capital Management – Jonathon Jacobson: Lost $2.1 Million
5. Renaissance Technologies – Jim Simons: Lost $2.0 Million
6. Samlyn Capital – Robert Pohly: Lost $1.3 Million
You can see the rest of the losers here. These calculations assumed that these hedge funds didn’t increase or reduce their stock positions in Pall Corp (PLL) since the end of June. We also didn’t take into account their option positions.
