Lone Pine Capital DOUBLED GMCR BEFORE MAY 6th crash
Note the report of purchases was for 1st quarter or BEFORE the May 6th 50% stock crash of GMCR............
By contrast, Steven Mandel's Lone Pine Capital added over 3 million shares of Green Mountain in the first quarter, bringing the fund's total position to 5.99 million.
It is important to remember that 13-F filings are notoriously backward looking - a lot of trading can happen in the 45 days after a quarter ends. But the filings do provide investors with some insight into which managers were ahead of the curve in foreseeing potential good or bad news with a company.