Roystone Capital Partners, managed by Richard Barrera has recently upped its passive position in MDC Partners Inc (NASDAQ:MDCA), a $1.04 billion marketing communications services company. According to a filing with the Securities and Exchange Commission, Roystone currently owns over 2.88 million class A Subordinate Voting Shares, versus 2.16 million shares disclosed in its latest 13F filing. Following the increase, the fund’s stake amasses 5.7% of the total amount of class A Subordinate Voting Shares of MDC Partners Inc (NASDAQ:MDCA).
During the first quarter of the year, Roystone has boosted its holding of MDC Partners Inc (NASDAQ:MDCA) shares by almost 60%. Among other investors of MDC Partners Inc (NASDAQ:MDCA) is Thomas E. Claugus‘ GMT Capital, which held 2.15 million shares as of the end of March, and Robert Joseph Caruso‘s Select Equity Group, which increased its stake by 80% on the quarter to 947,400 shares.