Tiger Consumer Buys Amazon, Sells Facebook Inc (FB), J.C. Penney

Patrick McCormack got rid of his position in J.C. Penney Company, Inc. (NYSE:JCP) in the last quarter. The tiger cub sold 5.42 million shares of the retailer in the three month period ending on Spetember 30. At the same time the hedge fund took profits on Herbalife Ltd. (NYSE:HLF), reducing its position by 63% to 768,252 shares.

Tiger Consumer sells JCP, pockets profit from Herbalife

The other famous stakeholder in J.C. Penney Company, Inc. (NYSE:JCP) who also exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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