Traders Eye Relational Investors Stocks on Wind Down

Traders are eyeing stocks owned by Relational Investors on news the fund will wind down and dissolve, according to WSJ headlines.

The fund had $6.6 billion in holdings at the end of the second quarter of 2014. The fund is known for taking large, concentrated bets.

Notably, last month Relational Investors announced that its co-founder Ralph V. Whitworth was taking a leave of absence from the firm. Relational issued the following statement at that time: “Ralph is taking a leave of absence from the firm and has resigned from the Board of Directors of Hewlett-Packard to focus on his health. While on leave, Ralph’s duties at Relational will be assumed by co-founder David Batchelder and other members of the senior management team. Relational remains fully committed to serving its clients’ interests and wishes Ralph and his family all the best at this difficult time. Out of respect for Ralph’s privacy, the firm is not providing any additional information.”

Relational Investors Stocks:

BE Aerospace (NASDAQ: BEAV)
Bunge Limited (NYSE: BG)
CLEAN HARBORS, Inc. (NYSE: CLH)
Esterline Technologies (NYSE: ESL)
GUARANTY BANCORP (NASDAQ: GBNK)
Hess Corporation (NYSE: HES)
Hologic (NASDAQ: HOLX)
Hewlett-Packard (NYSE: HPQ)
Ingersoll-Rand PLC (NYSE: IR)
Mondelez Int'l (NASDAQ: MDLZ)
Magnum Hunter Resources (NYSE: MHR)
Manitowoc (NYSE: MTW)
NXP Semiconductors (NASDAQ: NXPI)
PMC - Sierra, Inc. (NASDAQ: PMCS)
SPX CORPORATION (NYSE: SPW)
Timken (NYSE: TKR)
Whole Foods Market (NASDAQ: WFM)
Yum! Brands Inc (NYSE: YUM)

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