Eminence Capital Increases GNC Holdings Position

Ricky Sandler's hedge fund firm Eminence Capital has filed a 13G with the SEC regarding its stake in GNC Holdings (GNC).  Per the filing, Eminence now owns 5.2% of the company with over 4.6 million shares.

They've increased their position size by 880,848 shares since the end of the first quarter.  The filing was made due to activity on March 10th.

Per Google Finance, GNC Holdings is "a global specialty retailer of health and wellness products. The Company has three segments: Retail, Franchise and Manufacturing/Wholesale."

You can view previous Eminence portfolio activity here.

TPG-Axon Increases GNC Holdings Stake

Dinakar Singh's hedge fund firm TPG Axon has filed a 13G with the SEC regarding shares of GNC Holdings (GNC).  Per the filing, TPG has revealed a 5.8% ownership stake in GNC with over 5.28 million shares.

This marks an increase of 1,258,000 shares in their position size since the end of the first quarter.  The filing was made due to activity on June 16th.

You can view some previous investment picks from Dinakar Singh here.

Per Google Finance, GNC Acquisition is "a global specialty retailer of health and wellness products. The Company has three segments: Retail, Franchise and Manufacturing/Wholesale. Corporate retail store operations are located in the United States, Canada, and Puerto Rico, and in addition the Company offers products domestically through GNC.com, LuckyVitamin.com and www.drugstore.com. Franchise stores are located in the United States and 54 international countries, including distribution centers where retail sales are made. The Company operates its primary manufacturing facilities in South Carolina and distribution centers in Arizona, Pennsylvania and South Carolina. The Company manufactures the majority of its branded products, but also merchandises various third-party products. It sells products through a worldwide network of more than 8,100 locations operating under the GNC brand name."

Steve Cohen's SAC Capital Pumps Up GNC Holdings (GNC) Stake

Steve Cohen's hedge fund firm SAC Capital just filed a 13G with the SEC regarding its position in GNC Acquisition Holdings (GNC). Per the filing, SAC Capital now owns 5.4% of the company with 5,726,780 shares.

This marks an increase of 540% in the hedge fund's position size since the end of 2011. The filing was made due to trading activity on March 19th, 2012.

We recently also detailed how SAC Capital started a position in Hyatt Hotels and also made some additional portfolio moves.

Per Google Finance, GNC Holdings is "It is a specialty retailer of nutritional supplements. Nutritional supplements include vitamins, minerals and herbal supplements (VMHS), sports nutrition products, diet products and other wellness products. GNC operates in three segments: Retail, Franchising, andManufacturing/Wholesale. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products through its primary segments. The Company's brands include Mega Men, Ultra Mega, GNC WELLbeING, Pro Performance, Pro Performance AMP and Longevity Factors."

Steve Cohen's SAC Capital Adds to GNC Holdings (GNC)

Steve Cohen's hedge fund firm SAC Capital has filed a 13G with the SEC on shares of GNC Holdings (GNC). In it, we see that SAC now has a 4.8% ownership stake in the company with 4,908,334 shares.

This marks a whopping 21,138% increase in their position size since the close of the second quarter because they only held 23,111 shares back then. The date of transaction requiring this filing was October 31st.

You can view some of SAC Capital's other portfolio activity here.

Per Google Finance, GNC Holdings is "is a holding company. It is a specialty retailer of nutritional supplements. Nutritional supplements include vitamins, minerals and herbal supplements (VMHS), sports nutrition products, diet products and other wellness products. GNC operates in three segments: Retail, Franchising, and Manufacturing/Wholesale."