Since first launching the divestment campaign against manufacturers of assault weapons and high-capacity ammo clips, ten hedge funds and money managers have completely divested their gun holdings, valued at $170 million. Twelve more firms have scaled back their gun investments by 5.7 million shares—25 percent of their holdings.
TOP 10 HEDGE FUNDS ACCORDING TO GUN HOLDINGS
No. | Name of Firm | Contact Information | Gun Holdings (Shares) | Value of Shares | Change in Shares Held over Last Quarter |
1 | Cerberus Capital Management CEO: Steve Feinberg
| Address: 875 3rd Avenue, New York, NY 10022Phone: (212) 891-2100 Fax: 212-891-5212 | N/A (Owns 94% stake in the Freedom Group) | $700-957 million | ** On 12/18/12, Cerberus announced they would sell their 94% stake in the Freedom Group. |
2 | Dreman Value Management CEO: David Dreman | Address: c/o Contrarian Services Corp. Harborside Financial Center Plaza 10, Suite 800Jersey City, NJ 07311-4037 Phone: 201-793-2000 Fax: (201) 793-2060 | 1.16 million OLN | $27.9 million | OLN: 15.16% |
3 | Park West CEO: Peter S. Park | Address: 900 Larkspur Landing Circle, Suite 165 Larkspur, California 94939Phone: 415-524-2900 | 1.6 million SWHC | $16 million | SWHC: NEW |
4 | Arrowstreet Capital CEO: Bruce Clarke | Address: The John Hancock Tower, 200 Clarendon Street, 30th Floor, Boston, MA 02116Phone: 617-919-0000 Fax: 617-919-0001 | 266,411 RGR 271,766 SWHC | $15.5 million | RGR: 23.57% SWHC: 5.32% |
5 | Millennium Management CEO: Israel Englander | Address: 666 Fifth Avenue, 8th Floor, New York, NY 10103Phone: 212-841-4100 | 197,065 OLN 29,074 RGR 825,756 SWHC | $14.4 million | OLN: 134.1% RGR: NEW SWHC: 112.5% |
6 | Gotham Asset Management CEO: Joel Greenblatt | Address: 535 Madison Avenue, 30th Floor, New York, NY 10022 Phone: 212.600.2976 | 11,389 OLN 149,536 RGR 377,674 SWHC | $11.2 million | OLN: NEW RGR: 85.4% SWHC: 22.3% |
7 | Aqr Capital Management CEO: Cliff Asness | Address: Two Greenwich Plaza, 3rd Floor, Greenwich, CT USA 06830 Phone: 203-742-3600 Fax: 203-742-3100 | 86,356 OLN 29,808 RGR 449,836 SWHC | $8 million | OLN: 10.78% RGR: 1.97% SWHC: 4.28% |
8 | Olstein Capital Management L.P CEO: Robert A. Olstein | Address: c/o U.S. Bancorp Fund Services, LLC, PO Box 701, Milwaukee, WI 53201-0701 Phone: 1.800.799.2113 | 717,000 SWHC | $7.2 million | SWHC: 15.46% |
9 | Renaissance Technologies, LLC CEO: Jim Simons | Address: 800 Third Avenue, New York, NY 10022 Phone: 212-486-6780 Fax: 212-758-7136 | 42,500 RGR | $6.9 million | RGR: 10.9% |
10 | Scopus Asset Management
CEO: Alexander Mitchell | Address: 623 5th Ave # 25, New York, NY 10022 Phone: (212) 251-3270 | 200,000 OLN | $4.8 million | OLN: NEW |
Holdings based on Form 13-F filings with the U.S. Securities & Exchange Commission for the period ending 6/30/13.
TOP 10 MONEY MANAGERS ACCORDING TO GUN HOLDINGS
No. | Name of Firm | Contact Information | Gun Holdings (Shares) | Value of Shares | Change in Shares Held over Last Quarter |
1 | Black Rock, Inc. CEO: Laurence D. Fink
| Address: 240 East 52nd Street, New York, NY 10022 Phone: 212-810-5900 Fax: 212-810-3562 | 12.1 million OLN 1.5 million RGR 3.5 million SWHC | $393.8 million | OLN: 0.55% RGR: 24.59% SWHC: 2.34% |
2 | Vanguard Group, Inc. CEO: F. William McNabb III | Address: 455 Devon Park Drive Wayne, PA 19087 Phone: 877-662-7447 Fax: 610-669-6605 | 4.3 million OLN 1.5 million RGR 5.3 million SWHC | $229.5 million | OLN: 2.32% RGR: 2.8% SWHC: 7.6% |
3 | State Street Corporation CEO: Joseph L. Hooley | Address: 1290 Sixth Avenue, 10th Floor New York, NY 10104 Phone: 212-339-2700 | 5.9 million OLN 367,830 RGR 1.1 million SWHC | $168.5 million | OLN: 1.7% RGR: 0.36%SWHC: 0.6%
|
4 | Heartland Advisors Inc. CEO: Will Nasgovitz
| Address: 789 N Water St, Suite 500 Milwaukee, WI 53202Phone: 414-347-7777 | 3.6 million OLN | $85.3 million | OLN: 0.44% |
5 | London Company of Virginia CEO:Stephen M. Goddard | Address: 1801 Bayberry Court, Suite 301 Richmond, VA 23226 Phone: 804-775-0317 Fax: 804-649-9447 | 1.8 million RGR | $84.3 million | RGR: 23.14% |
6 | Allianz Asset Management AG
CEO: Elizabeth Corley | Address: 1633 Broadway New York, NY 10019Phone: 877-716-9787 | 1.5 million OLN
964,042 RGR
83,100 SWHC
| $83.1 million | OLN: 23.43% RGR: 8.95% SWHC: 69.62% |
7 | Dimensional Fund Advisors CEOs: David G. Booth & Eduardo A. Repetto | Address: 6300 Bee Cave Rd, Austin, TX 78746 Phone:(512) 306-7400 | 1.7 million OLN
484,077 RGR
1.6 million SWHC
| $78.6 million | OLN: 4.14% RGR: 1.47% SWHC: 7.44% |
8 | Northern Trust Corporation CEO: Frederick H. Waddell | Address: 65 East 55th Street 24th flrNew York, NY 10022Phone: 212-339-7474 Fax: 212-339-7274 | 2.2 million OLN
916,123 SWHC | $77.2 million | OLN: 3.84% RGR: 3.42% SWHC: 0.74% |
9 | Ameriprise Financial, Inc CEO: James Cracchiolo | Address: 111 Broadway New York, NY 10006 Phone: 212-233-5404 | 2.8 million OLN
76,591 SWHC | $75 million | OLN: 2.81% RGR: 0.55% SWHC: 19.38% |
10 | Capital World Investors CEO: James F. Rothenberg | Address: 630 Fifth Avenue, 36th FloorNew York, NY 10111Phone: 800-421-4280 | 1.5 million RGR | $70.5 million | RGR: 17.62% |
Holdings based on Form 13-F filings with the U.S. Securities & Exchange Commission for the period ending 6/30/13.