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Vinik Partners Lp

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July 11, 1997 | (Bloomberg News)
Vinik Partners LP and affiliates cut their stake in Pacific Sunwear of California Inc. to 4.8% from 8% of the company's outstanding common shares. The Vinik group, led by former Fidelity Investments fund manager Jeffrey Vinik, said in a filing Thursday with the Securities and Exchange Commission that it recently sold shares at $30.87 to $36.72 a share. The investment group now owns 390,100 shares, according to the filing, down from the 645,100 shares the group said it held in April.
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BUSINESS
July 11, 1997 | (Bloomberg News)
Vinik Partners LP and affiliates cut their stake in Pacific Sunwear of California Inc. to 4.8% from 8% of the company's outstanding common shares. The Vinik group, led by former Fidelity Investments fund manager Jeffrey Vinik, said in a filing Thursday with the Securities and Exchange Commission that it recently sold shares at $30.87 to $36.72 a share. The investment group now owns 390,100 shares, according to the filing, down from the 645,100 shares the group said it held in April.
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