Julia La Roche | Dec. 27, 2011, 9:22 AM
Article from Business Insider
Sears Holdings, the parent company of Kmart, Sears and Roebuck and Co, announced plans to close 100 to 120 of its stores sending its shares sharply lower Tuesday.
This quarter to date, the retailer's comparable store sales at Kmart and Sears fell 4.4% and 6.0%, respectively.
Shares of Sears Holding were down more than 17% in pre-market trading.
Here are the ten hedge funds with the biggest stake in the retailer, according to regulatory filings as of 9/30/2011.
1. RBS Partners (Eddie Lampert's parent company): ~48.17 million shares
2. Horizon Asset Management: ~2.8 million shares
3. Kinetics Asset Management: ~1.11 million shares
4. Empyrean Capital: ~889,908 shares
5. Fine Capital: ~221,200 shares
6. Tiger Global Management: ~189,317
7. Water Street Capital: ~100,887 shares
8. Kinetics Advisers: ~84,345 shares
9. Great Oaks Capital: ~59,128 shares
10. RMB Capital: ~53,684 shares
Article from Business Insider