Ken Griffin's hedge fund firm Citadel Investment Group has filed a 13G with the SEC concerning its position in The Children's Place Retail Stores (PLCE).
Per the filing, Citadel now owns 4.7% of the company with 1,152,935 shares. They only owned 417 shares at the end of 2011, so they've certainly been out buying shares in size. The disclosure was filed due to trading activity on April 9th.
Ken Griffin was recently named one of the top 25 highest earning hedge fund managers of 2011.
Per Google Finance, Children's Place is "is a pure-play children's specialty apparel retailer in North America. The Children's Place provides apparel, accessories and shoes for children from newborn to 10 years old. It operates in two segments: the Children's Place United States and the Children's Place Canada. The Company designs, contracts to manufacture and sells merchandise under The Children's Place brand name."
You can also view some additional Citadel portfolio activity here.
Monday, April 16, 2012
Ken Griffin's Citadel Ramps Up Position in Children's Place Retail Stores
blog comments powered by Disqus
