Tremblant Capital Boosts Stake in Green Mountain Coffee Roasters (GMCR) to 6.9%
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In a 13G filing after the close on Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR), Tremblant Capital disclosed a 6.94% stake (1,666,360 shares) in the company. The firm held 1,048,412 GMCR shares at the quarter ended 03/31/08. A 13G indicates a 'passive investment.'
Green Mountain Coffee Roasters, Inc., through its subsidiaries, engages in roasting, packaging, and distributing roasted coffee primarily in the northeastern United States.
Tremblant Capital Group is a $4.5 billion New York-based hedge fund. Tremblant's objective is to achieve superior risk adjusted returns for investors through their focused and disciplined investment process. Tremblant Capital was founded in 2001 by Brett Barakett, a former portfolio manager at Moore Capital Management LLC.
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