SAC, Lone Pine Investments In Lumber Liquidators Fly In Face Of Tilson

Two significant hedge fund managers have recently taken significant stakes in beleaguered Lumber Liquidators Holdings Inc (NYSE:LL) and now between them they control over 20% of the stock.

SAC Capital, Lone Pine investments

Steven Cohen and SAC Capital have made a significant investment in the retail flooring firm, according to SEC filings reviewed by ValueWalk.  Through a variety of related investment vehicles, the SEC’s 13G report shows that SAC, related companies and Cohen directly own 13.2% of the outstanding shares. Meanwhile, Lone Pine Capital, operated by Stephen Mandel,...