David Gallo's hedge fund Valinor Management has updated its position in Gymboree (NASDAQ:GYMB). Per a 13G filed with the SEC, Valinor now shows a 5.6% ownership stake in GYMB with 1,529,368 shares. This is due to portfolio activity on August 25th and reflects a 53.5% increase in its position size.
Back on June 30th, Gallo's hedge fund owned 996,069 shares of Gymboree. This is the first SEC-disclosed position from Valinor in a few months. Back in May, we saw that the fund increased its position in Cardtronics (NASDAQ:CATM) as well.
Taken from Google Finance:
Gymboree is a specialty retailer operating stores selling apparel and accessories for children under the Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 brands, as well as play programs for children under the Gymboree Play & Music brand.
To see what other hedge funds have been investing in lately, scroll through our latest coverage of SEC filings.
Disclosure: No positions