Indaba Capital Management, run by Derek C. Schrier, has reported a decrease in its holding of JGWPT Holdings Inc (NYSE:JGW). Schrier has more than halved the fund’s investment in this stock, leaving it with 433,372 shares, according to a recent filing with the Securities and Exchange Commission. This gives Indaba Capital Management control over 3.36% of the company’s common stock.
JGWPT Holdings Inc has also caught the attention of Sahm Adrangi, who has invested 6.22% of his equity portfolio in this company. His fund, Kerrisdale Capital, has reported ownership of 693,600 shares, up 204% during the first quarter of 2014. Geoffrey Raynor is also keeping an eye on this company, with his fund, Q Investments (Specter Holdings), holding approximately 412,000 shares. Ken Griffin, on the other hand, has trimmed his fund’s exposure to JGWPT Holdings Inc during the first quarter. Citadel Investment Group reportedly holds approximately 529,500 shares, down 18% during the first three months of this year.
