Big Lots, Inc. (NYSE:BIG), saw CEO and President David J. Campisi lower his stake in the company. Campisi disposed of 4,202 shares of the company’s common stock at an average of $44.29 per share. Following this transaction, Campisi directly holds 74,198 shares in the $2.55 billion market cap retailer corporation.
In addition, the major hedge funds involved with Big Lots, Inc. (NYSE:BIG), have shown dramatic movement in their holdings with the company. Frank Brosen‘s Taconic Capital experienced a 122% increase in activity over the last quarter, resulting in the hedge fund having 2,000,000 shares worth nearly $76 million; Citadel Investment Group, the hedge fund run by Ken Griffin, raised it’s exposure to the company by 2002% over the last quarter, now holding 1,718,343 shares worth about $65 million; Gilchrist Berg‘s Water Street Capital decreased it’s position by 31%, and now has 620,000 shares worth around $23 million; and Intrepid Capital Management, run by Mark Travis, holds 565,445 shares worth about $21 million after lowering it’s position with Big Lots, Inc. (NYSE:BIG), by 23% over the last quarter.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.