Dmitry Balyasny's hedge fund firm Balyasny Asset Management recently filed a 13G with the SEC regarding shares of Walter Energy (WLT). Per the filing, Balyasny has revealed a 5.36% ownership stake in WLT with shares.
This marks over a 71% increase in the amount of shares they own since the end of September. The latest disclosure was required due to portfolio activity on November 15th.
Per Google Finance, Walter Energy is "a producer and exporter of metallurgical coal for the global steel industry and also produces steam coal, coal bed methane gas (natural gas), metallurgical coke and other related products. The Company operates in two segments: its United States Operations segment, and Canadian and United Kingdom Operations segment."
Wednesday, November 28, 2012
Balyasny Increases Walter Energy Position
blog comments powered by Disqus
