Barron's Activist Stocks 10-17-2009
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Created by barrons3
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Date updated:10-17-2009

Each week Barron's has a 13D Filings column. 13Ds are filed when a fund (usually an activist hedge fund) accumulates more than 5% of a firm and is planning on pushing for change (e.g.a sale of the company, sale of certain assets, a share buyback, or a share dividend) to unlock value.

symbol name last price % change open
  • +
  • EK
    Eastman Kodak Co
  • $4.01
  • -2.91%
  • $4.03

Kohlberg Kravis Roberts & Co. disclosed that it now holds 40,000,000 shares (13% of the total outstanding). The firm's holdings are in the form of warrants, at $7.41 per share, which they purchased in a private placement of convertible senior notes on Sept. 23. As a condition of the transaction, two representatives of Kohlberg Kravis Roberts & Co. were named to Eastman Kodak's board on Sept. 29.

People owning EK also tend to own: AESAKSAMRAMTDAMZNCECOCLF

TheStreet.com Rating: E+ What is this?

  • +
  • FIS
    Fidelity Nat Inf
  • $22.73
  • -1.64%
  • $22.85

Warburg Pincus now has 40,208,769 shares (10.8%). The firm acquired its stake on Oct. 1, when it swapped shares of Metavante, which was acquired by Fidelity National Information Services.

People owning FIS also tend to own: ABFSBGERJHMCMWVPBRRMBS

TheStreet.com Rating: C- What is this?

  • +
  • ARP
    American Repro Co
  • $5.92
  • +0.51%
  • $5.87

Blum Capital Partners upped its holdings to 3,622,728 shares (8%), after buying 615,391 from Sept. 8 through Oct. 7 at price ranging from $7.65 to $9.31 per share.

People owning ARP also tend to own: CMEDFRPT.OBNEOLSMTSSOFOSPARAAPL

TheStreet.com Rating: D What is this?

  • +
  • CMZ
    Compton Petroleum
  • $0.9625
  • +0.25%
  • $0.97

Centennial Energy Partners increased its holdings to 55,545,796 shares (19.94%), after purchasing 15,000,000 shares and warrants to acquire an additional 15,000,000 shares on Oct. 15. Centennial paid about $1.13 per share for the stock, and its warrants are priced at $1.55 Canadian, or about US$1.51 per share.

People owning CMZ also tend to own: EXPDINOHALMRVLMVLPRVTAETUF.PK

TheStreet.com Rating: D What is this?

  • +
  • IMKTA
    Ingles Markets
  • $15.72
  • 0.00%
  • $15.88

Gamco Investors (GBL) raised its holdings to 1,867,389 shares (14.52%), by buying 51,686 from Aug. 20 to Oct. 9 at prices that ranged from $15.52 to $17.08.

People owning IMKTA also tend to own: AAPLADSAEOSCOHCRVLMROMS

TheStreet.com Rating: C What is this?

  • +
  • BARE
    Bare Escentuals
  • $13.52
  • -0.73%
  • $13.59

Sandler Capital Management owns 3,740,182 shares (4.1%), after selling 1,265,018 from Sept. 1 to Oct. 9 at $9.32 to $12.99 each. Sandler declared that its sales were related to maintaining the weighting of its Bare Escentuals position in its portfolio.

People owning BARE also tend to own: COHGOOGMAUARMAAPLNTRINYX

TheStreet.com Rating: C What is this?

  • +
  • GME
    Gamestop Corp
  • $25.49
  • +4.04%
  • $24.41

Director and Co-Founder Leonard Riggio reduced his holdings to 9,119,149 shares (5.4%), after selling 2,253,826 from Oct. 6 through Oct. 8 at $26.72 per share.

People owning GME also tend to own: AAPLPGSLBBRCDCEBAYEMC

TheStreet.com Rating: C+ What is this?

  • +
  • IFLO
    I-flow Corporatio
  • $12.64
  • 0.00%
  • $12.65

Discovery Group sold all of its 1,510,299 shares from Oct. 9 through Oct. 12 at prices that ranged from $12.58 to $12.60 a share. The disposal of Discovery's nearly 6.2% stake came after Kimberly-Clark (KMB) had agreed to buy I-Flow for $12.65 a share in cash.

People owning IFLO also tend to own: GOOGMAPCUADESCSCOCVSHCBK

TheStreet.com Rating: C- What is this?

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