Michael Blitzer and Guy Shanon's investment firm Kingstown Capital has filed a 13G with the SEC regarding its position in Aerojet Rocketdyne (AJRD). Per the filing, Kingstown now owns 4.3% of AJRD with 3 million shares.
This is a decrease compared to the 3.5 million shares they owned at the end of the second quarter.
We've previously highlighted recent portfolio activity from Kingstown here.
Per Yahoo Finance, Aerojet Rocketdyne "designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates in two segments, Aerospace and Defense, and Real Estate. "
Tuesday, October 11, 2016
Kingstown Capital Trims Aerojet Rocketdyne Stake
Labels:
13g,
AJRD,
guy shanon,
hedge fund portfolios,
kingstown capital,
michael blitzer,
SEC filing
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