Tudor Investment Corp Discloses 1.2% Stake in Jamba Inc (JMBA) - 13G Filing ~ market folly

Wednesday, October 29, 2008

Tudor Investment Corp Discloses 1.2% Stake in Jamba Inc (JMBA) - 13G Filing

In a recent filing with the SEC, hedge fund Tudor Investment Corp has disclosed they own a 1.2% stake in Jamba Inc (JMBA). They now own only 625,000 shares. Their stake has been drastically reduced from the 8,522,951 shares they previously owned back on June 30th as per their most recent 13F filing. This is the second filing in recent weeks that has shown Tudor selling off large chunks of stakes they owned in companies. Just last week they were reducing their position in Plains Exploration (PXP). Tudor Investment Corp is a global macro set of hedge funds ran by Paul Tudor Jones. You can view all of Tudor's portfolio holdings here. And, if you want to hear some thoughts from Paul Tudor Jones himself, check out some of his interviews here and here. Lastly, you can read about the performance of one of Tudor's funds here and the performance numbers of many other hedge funds in our latest performance update.

Taken from Google Finance, Jamba Inc (JMBA) "serves as a holding company for its wholly owned subsidiary, Jamba Juice Company (collectively, Jamba or the Company), which owns and franchises Jamba Juice stores. The Company is engaged in retailing blended-to-order fruit smoothies, squeezed-to-order juices blended beverages and healthy snacks using the Jamba brand."

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