Eton Park Capital Increases Riverbed Technology Position ~ market folly

Tuesday, September 30, 2014

Eton Park Capital Increases Riverbed Technology Position

Eric Mindich's hedge fund firm Eton Park Capital has filed a 13G with the SEC regarding their position in Riverbed Technology (RVBD).  Per the filing, Eton Park now owns 5.63% of the company with 9 million shares.

This means they've increased their position size by over 6 million shares since the end of the second quarter.  The filing was made due to activity on September 18th.

Per Google Finance, Riverbed Technology "has developed solutions to the fundamental problems associated with information technology (IT) performance across wide area networks (WANs). Riverbed’s family of performance products include solutions for branch offices, mobile workers, private data centers, private clouds and cloud computing. The Company’s products include Steelhead products and Cascade product line."

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