Tudor Investment Corp Sells Renewable Energy Holdings (LON: REH) ~ market folly

Tuesday, September 28, 2010

Tudor Investment Corp Sells Renewable Energy Holdings (LON: REH)

Paul Tudor Jones' hedge fund Tudor Investment Corp recently filed regulatory disclosures in the UK regarding its position in Renewable Energy Holdings (LON: REH). Back in March 2008, Tudor owned 9.5% of the company's outstanding shares. Ever since then, they've been slowly reducing their position as we detailed back in October 2009 when they owned 8% of the company and that dwindled to 6.7% of the company in March 2010. As of September 21st, 2010, Tudor now only owns 3.99% of REH with a remaining position of 2,784,333 shares. To see what other hedge funds have been buying and selling in UK markets, scroll through our coverage here.

Taken from Google Finance, Renewable Energy Holdings is "a United Kingdom-based renewable energy company. It owns and operates the European on-shore windfarms, the Kesfeld and Kirf Windfarms in Germany and the Gwynt Cymru Landfill Gas site in Wales. The Company operates in five segments: head office, CETO development, German windfarms, polish windfarms and landfill gas."

If you're interested, you can check out our past coverage of Paul Tudor Jones here.

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