Cohen's SAC Capital Discloses 6.2% Stake In American Axle (AXL)
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Steve Cohen's SAC Capital hedge fund disclosed a 6.2% stake (3,445,300) American Axle & Manufacturing Holdings Inc. (NYSE: AXL). The firm held 600,000 shares at the quarter ended 6/30/09. A 13G filing indicates a passive investment above 5%.
American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, engages in the engineering, design, manufacture, and validation of driveline and drivetrain systems, and related components and chassis modules for automotive industry in the United States.
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