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Big Man (Andy) Lightens his Stake On Majority of Funds, Other SC 13G/A Filings

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Whitebox Advisors LLC
from 4,054,495 shares a 9.9% stake
to 1,887,234 shares a 3.1% stake

Whitebox Multi -Strategy Advisors LLC
Whitebox Multi-Strategy Partners LP
Whitebox Multi-Strategy Fund LP
Whitebox Multi-Strategy Fund Ltd
from 1,279,772 shares a 3.1% stake to 639,758 shares a 1.1% stake

Whitebox Concentrated Convertible Arbitrage Advisors LLC
Whitebox Concentrated Convertible Arbitrage Partners LP
Whitebox Concentrated Convertible Arbitrage Fund LP
Whitebox Concentrated Convertible Arbitrage Fund Ltd
from 1,515,314 shares a 3.7% stake to 697,944 shares a 1.2% stake


*Whitebox Credit Arbitrage Advisors LLC
*Whitebox Credit Arbitrage Partners LP
*Whitebox Credit Arbitrage Fund LP
*Whitebox Credit Arbitrage Fund Ltd
from 161,884 shares a 0.4% stake to 334,024 shares a 0.6% stake

Pandora Select Advisors LLC
Pandora Select Partners LP
Pandora Select Fund LP
Pandora Select Fund Ltd
from 431,659 shares a 1.1% stake to 215,508 shares a 0.4% stake

* funds showing an addition of shares

above information taken from:
SC 13G/A on 2/14/13
and
SC13G/A on 2/13/14

the list of "Special Opportunity Funds" that are listed in SC13G/A 2013, are not listed in 2014 version because they were part of the repurchase of $13.7M of Convertible Debt made by Vitesse in December of 2013.

Posted by christ3opher - 9 years ago | Updated 9 years ago

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4

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So what is FA doing? Is he lightening his equity stake overall? Is he moving toward debt (and cash?) as if he is expecting a reset in equity markets? My ever-present paranoia seems to be wondering...

Good digging Christ3opher.

Posted by phobos - 9 years ago | Updated 9 years ago

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if you look at one of the funds that bought a couple of years ago, Columbia Pacific. they were once a 3M + shareholder who trimmed his ownership down to 1m shares. Columbia had asked for a value for sale to be put on Vitesse back at the end of 2013. there are not many others who have decreased ownership, maybe one or two.


I am not sure what Whitebox cost basis is, maybe daWiley can add his info. on that. Whitebox did add shares to one of his funds so maybe he keeps all of his funds at a certain percentage no matter what. who knows

Posted by christ3opher - 9 years ago | Updated 9 years ago

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Rima Senvest filed a SC 13G/A on 2/13/14

Rima Senvest Management LLC
Richard Mashaal
from 5,094,054 shares a 8.9% stake to 5,443,471 shares a 9.46% stake

addition of 349,417 shares

Senvest Master Fund LP
from 2,988,564 shares a 5.2% stake to 3,224,413 shares a 5.60% stake.

addition of 235,849 shares

above information taken from:
8/9/2013 SC 13G/A filings
and
2/13/2014 SC 13G/A filings

Posted by christ3opher - 9 years ago | Updated 9 years ago

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Prescott Capital Group filed SC 13G/A on 2/14/14

Prescott Group Capital Management LLC
Prescott Group Aggressive Small Cap LP
Prescott Group Aggressive Small Cap II LP
Phil Frohlich
from 2,344,000 shares a 9.1% stake to 2,076,859 shares a 3.6% stake.

reduction of 267,141 shares

above information taken from:
2/14/13 SC 13G/A filings
and
2/14/14 SC 13G/A filings

Posted by christ3opher - 9 years ago

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