Glenn Greenberg's Brave Warrior Capital Starts New Position in Higher One (ONE) ~ market folly

Tuesday, March 13, 2012

Glenn Greenberg's Brave Warrior Capital Starts New Position in Higher One (ONE)

Glenn Greenberg's hedge fund firm Brave Warrior Capital just filed a 13G with the SEC regarding shares of Higher One Inc (ONE). Per the filing, the hedge fund has revealed a brand new stake in ONE with 5,786,263 shares.

Brave Warrior now owns a 10.18% ownership stake in the company due to trading activity on February 29th, which required the disclosure to be filed.

Per Google Finance, Higher One is "a provider of technology and payment services to the higher education industry. The Company provides a comprehensive suite of disbursement and payment solutions specifically designed for higher education institutions and their students. It also provides campus communities with student-oriented banking services."

You can read a brief excerpt about Glenn Greenberg's approach to investing here.


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