Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Indaba Capital Management Considerably Reduces Stake In JGWPT Holdings Inc (JGW)

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 website logo x288

JGWPT Holdings Inc (NYSE:JGW) 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 (NYSE:JGW) during the first quarter. Citadel Investment Group reportedly holds approximately 529,500 shares, down 18% during the first three months of this year.

Disclosure: none.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...