CHC Group Ltd (HELI): Balyasny Asset Management Cuts Its Holding

Dmitry Balyasny’s fund Balyasny Asset Management has reported ownership of 2.26 million shares of CHC Group Ltd (NYSE:HELI). This stake represents 2.92% of the company’s outstanding common stock. In its latest 13F, Balyasny’s holding in CHC Group Ltd (NYSE:HELI) contained around 3.15 million shares, therefore the fund has reduced its stake in the company. The stock price of the small cap helicopter operator has dropped by almost 28% since the end of January when CHC Group went public.
Another shareholder of CHC Group Ltd (NYSE:HELI) is Ken Griffin‘s Citadel Advisors, which holds 2.32 million shares, worth $17.13 million, according to its latest 13F filing. Thomas Steyer’s Farallon Capital Management owns 1.83 million shares as of the end of March.
Disclosure: none
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