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Hedge fund billionaire and Sears Holding (SHLD) Chairman Ed Lampert's RBS Partners 13-F filing...

  • Tuesday, May 15, 2012, 7:36 PM ET
    Hedge fund billionaire and Sears Holding (SHLD) Chairman Ed Lampert's RBS Partners 13-F filing shows the firm owning fewer shares of the department store, plus a major new investment in Orchard Supply Hardware Stores (OSH), a California-based hardware chain. The fund also reported reduced positions in AutoNation (AN) and AutoZone (AZO).
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This news story has 9 comments:

  • OSH was spun from SHLD. That is why Berkowitz and Lampert own so much of it. As shareholders in SHLD they were given OSH shares. Eddie has actually been selling OSH.
    15 May 2012, 07:46 PM Reply Like
  • Thats the problem with information. The ability to interpret it is the key.
    15 May 2012, 08:07 PM Reply Like
  • and isn't the reduction in SHLD shares due to the sale to directly to Lampert in early January.
    15 May 2012, 08:10 PM Reply Like
  • SA should be pretty embarrassed by this post. I realize this is just a market current and not some researched piece, but c'mon, it is common sense to know the SHLD and OSH relationship.
    15 May 2012, 08:27 PM Reply Like
  • Eddie L. has been using AZO shareholder money to buy back shares at the same time insiders have been selling hand over fist.

    They now have AZO with negative BV of over $50 /share and carrying more than $3.4 billion in total debt.
    15 May 2012, 08:41 PM Reply Like
  • Why are hedge fund reports quarterly? 13-F and its relatives should be weekly or even daily. This isn't hard to produce out of most of the common reporting tools out there from the tech giants. Pure hedge funds serve only to carve the markets for their owners' benefits without producing any direct worth, intelligence, or progeny. Investors on any side be damned.
    15 May 2012, 10:00 PM Reply Like
  • There is material information in these reports, which is why WB is filing an amended 13F again this quarter. There is an element who could front run his investment and make it more costly to him and Berkshire shareholders.
    15 May 2012, 11:25 PM Reply Like
  • I'm a midsized investor, but I think the big boys are responsible to be as honest as possible to the rest of us. And if they're not, then machine gun as many as possible of them without the rest of us getting indicted. I'm sorry but that is the reality.
    18 May 2012, 11:11 PM Reply Like
  • typical buyback scam. shareholder value bullshit. insider good sale price, that's all. scram when you see scam.
    16 May 2012, 12:06 PM Reply Like
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