Lone Pine Capital Shows A 8.3% Stake In Green Mountain (GMCR)
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In a Schedule 13G on Green Mountain (Nasdaq: GMCR) filed after the close, Stephen Mandel's Lone Pine Capital disclosed a 8.3% stake (3,603,364 shares) in the company. As of the quarter ended June 30, 2009, Lone Pine did not show a stake in GMCR. A 13G indicates a 'passive investment'.
Lone Pine may have participated in the 5M share offering at $67.25 in early August.
Green Mountain Coffee Roasters, Inc. (GMCR, Inc.) is engaged in the specialty coffee industry.
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