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.

Should You Be Bullish on Home Bancshares Inc (HOMB), Calpine Corporation (CPN) & Two Other Stocks?

Next in line is Pacira Pharmaceuticals Inc (NASDAQ:PCRX), in which the fund cut its holding by 26% and 37% in the second and third quarter, respectively, disclosing a $4.76 million stake containing 139,000 shares as of the end of September. The stock inched up by 1.5% during the third quarter. During the second quarter the number of funds from our database long Pacira Pharmaceuticals went up by 18% to 26. More specifically, Daruma Asset Management was the largest shareholder of Pacira Pharmaceuticals Inc (NASDAQ:PCRX), with a stake worth $36.3 million reported as of the end of June. Trailing Daruma Asset Management was Millennium Management, which amassed a stake valued at $26.4 million. 40 North Management, Sarissa Capital Management, and Hoplite Capital Management also held valuable positions in the company.

KeyColonyHedgeFundsPCRX

Follow Pacira Biosciences Inc. (NASDAQ:PCRX)
Trade (NASDAQ:PCRX) Now!

Rent-A-Center Inc (NASDAQ:RCII) is another stock that the fund dumped in the third quarter, saying goodbye to a position that had contained 34,528 shares worth $424,000 at the end of June. The stock returned 3.6% during the third quarter, while over the past 12 months it has lost 29.45%. A total of 19 funds tracked by Insider Monkey were bullish on this stock at the end of June, down by 10% over the quarter. The largest stake in Rent-A-Center Inc (NASDAQ:RCII) was held by Pzena Investment Management, which reported holding $21.8 million worth of stock as of the end of the second quarter. It was followed by Royce & Associates with a $11.1 million position. Other investors bullish on the company included Elm Ridge Capital, Millennium Management, and D E Shaw.

Follow Rent A Center Inc De (NASDAQ:RCII)
Trade (NASDAQ:RCII) Now!

Disclosure: None