Lone Pine Hikes Stake In Top Hotelier Wyndham - Hedge Fund Alpha (formerly ValueWalk Premium)

Lone Pine Hikes Stake In Top Hotelier Wyndham

A filing in Form 13G by Stephen Mandel’s Lone Pine Capital revealed it had boosted its holding in Wyndham Worldwide Corporation (NYSE:WYN) to 5.2%. Mandel is a ‘Tiger Cub’ who left Robertson in 1997 to float Lone Pine Capital. He is said to have $17B in AUM and is renowned for his stock-picking abilities. Wyndham is one of the world’s largest hospitality companies. Its brands include the Wyndham Hotel Group, Wyndham Exchange & Rentals and Wyndham Vacation Ownership – all market leaders in their businesses. Wyndham’s solid Q3 results The stock hit a 52-week high last month, and in November...

This content is exclusively for paying members of Hedge Fund Alpha

Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Get Started Now with a FREE 7-Day Trial🔻

If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Watch a FREE Behind the Scenes Training on the 3 Secrets to Finding Small Cap Stock Opportunities with Massive Growth Potential in 2024.

Click here to get the training