What does the Smart Money Think of These Two Stocks on The Move?

Hedge funds for the most part kept their holdings the same between April and June. A total of 52 funds were long the company at the end of June versus 49 funds long the company at the end of March. These funds held stakes with an aggregate value of $3.33 billion (representing 6.9% of the float) at the end of the second quarter, slightly down from $3.39 billion in the prior quarter. Mason Hawkins‘ Southeastern Asset Management owns 5.13 million shares, while Edgar Wachenheim’s Greenhaven Associates is long 4.50 million shares. Dan Loeb’s Third Point increased its position by 12% during the second quarter to 1 million shares too.

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