Citadel Advisors has purchased a large stake in a new company, and increased its stake in another one. According to a 13F filing, Ken Griffin’s value hedge fund now owns 5.4% of The WhiteWave Foods Co (NYSE:WWAV), or 1,243,810 shares. The company with a market cap of $2.6 billion appears to be a new holding for Citadel. Additionally, Griffin has upped his stake in Fairchild Semiconductor International (NYSE:FCS) from 2.57% ( 3,261,093 shares) as per the Q3 13F, to 4.6% or 5,822,624 shares. What makes the Fairchild holding interesting is that the SEC typically does not require a 13G for purchasing less than 5% of outstanding shares.
The WhiteWave Foods Co (NYSE:WWAV) is a consumer packaged food and beverage company. For the nine months ended 30 September 2012, The WhiteWave Foods Co revenues increased 13% to $1.68B. Net income before extraordinary items decreased 15% to $84M. Revenues reflect North America segment increase of 17% to $1.41B, North America segment increase of 17% to $1.41B. Net income was offset by Corporate and Other segment loss totaling $10.2M vs. income of $7.8M, Europe segment income decrease of 23% to $16.9M.
When it comes to finding future business champions, Warren Buffett and Charlie Munger have really excelled over the past seven decades. Q3 2021 hedge fund letters, conferences and more One could argue that these two individuals are some of the best growth investors of all time, thanks to their ability to spot companies like Coca-Cola Read More
Fairchild Semiconductor International (NYSE:FCS) manufactures semiconductors devices and photographic equipment. For the 39 weeks ended 30 September 2012, Fairchild Semiconductor International revenues decreased 14% to $1.07B. Net income decreased 69% to $38.2M. Revenues reflect PCIA segment decrease of 18% to $530.8M, SDT segment decrease of 34% to $108.8M, MCCC segment decrease of 2% to $432.9M, China segment decrease of 11% to $364.7M, Europe segment decrease of 20% to $139.4M, United States segment decrease of 25% to $100M.
Disclosure: No position