Ricky Sandler's hedge fund firm Eminence Capital has filed a 13G with the SEC regarding shares of Formula One (FWONK). Per the filing, Eminence now owns 5.4% of the company with over 10.86 million shares.
This is up from the 8.58 million shares they owned at the end of 2017. The filing was made due to activity on March 19th.
Per Liberty Media's site, Formula One is "an iconic global motorsports business."
We've also highlighted another stock that Eminence Capital has been buying recently.
Tuesday, April 3, 2018
Eminence Capital Boosts Formula One Position
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