Hedge fund firm D.E. Shaw & Co just filed numerous 13Gs with the SEC. First, the company disclosed an increased stake in Global Cash Access (GCA). Due to portfolio activity on Dec. 1, D.E. Shaw shows a 5% ownership stake in GCA with 3,258,410 shares. This is a 105% increase in its position size since Sept. 30.
Second, D.E. Shaw also revealed a 5.5% ownership stake in LodgeNet Interactive (OTC:LNET) with 1,368,760 shares. This marks a 133% boost in its position size since the end of the third quarter.
In the past, we've also posted up various resources from this multi-faceted firm. Head to D.E. Shaw's insight on leverage to see the over $35 billion asset manager's take.
Per Google Finance, Global Cash Access is "a global provider of cash access and data intelligence services and solutions to the gaming industry. The company’s services and solutions provide gaming establishment patrons access to cash through a variety of methods, including automated teller machine (ATM) cash withdrawals, credit card cash access transactions, point-of-sale (POS) debit card transactions, check verification and warranty services and money transfers."
LodgeNet Interactive is "a provider of interactive media and connectivity solutions to the hospitality industry in the United States, Canada and Mexico. The company also provides interactive television solutions in international markets through local or regional licensees."
Be sure to also scroll through our latest SEC filing coverage.