PointState Capital Starts Amaya Position ~ market folly

Wednesday, June 17, 2015

PointState Capital Starts Amaya Position

Zach Schreiber's hedge fund firm PointState Capital has filed a 13G with the SEC regarding shares of Amaya (AYA).  Per the filing, PointState now owns 8.76% of the company with over 11.66 million shares.

This is a newly disclosed equity stake for the firm as they did not report ownership at the end of the first quarter.  The filing was made due to activity on June 11th.

Per Yahoo Finance, Amaya "provides technology-based solutions, products, and services for global gaming and interactive entertainment industries worldwide. It operates through two segments, Business-to- Consumer (B2C) and Business-to-Business (B2B)."

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