Davidson Kempner Trims Shares of These Companies in Q3: EK, NYX, AKS

Wall St. Watchdog reveals information regarding significant reduction in shares for Davidson Kempner’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Eastman Kodak Co. (NYSE:EK): On 06/30/2011, Davidson Kempner reported holding 45,000,000 shares. On 09/30/2011, Davidson Kempner reported holding 8,000,000 shares. The net reduction in shares for this position is 37,000,000 or 82.22%. About Company: Eastman Kodak Company develops, manufactures, and markets imaging products. The company provides professional and consumer digital cameras, laser images for radiologists, and photographic films for professionals and amateurs. Kodak also provides digital services for cinematographers, document scanners, aerial images, digital printers for commercial customers, and flat panel displays.
  • Sanofi Contingent Value Rights (GCVRZ): On 06/30/2011, Davidson Kempner reported holding 1,536,717 shares. On 09/30/2011, Davidson Kempner reported holding 403,017 shares. The net reduction in shares for this position is 1,133,700 or 73.77%.
  • NYSE Euronext Inc. (NYSE:NYX): On 06/30/2011, Davidson Kempner reported holding 1,269,725 shares. On 09/30/2011, Davidson Kempner reported holding 352,477 shares. The net reduction in shares for this position is 917,248 or 72.24%. About Company: NYSE Euronext operates an international stock exchange. The Company operates a marketplace for equities and derivatives in Belgium, France, the Netherlands and Portugal, derivatives in the United Kingdom, and equities and other securities in the United States.
  • Pfizer Inc. (NYSE:PFE): On 06/30/2011, Davidson Kempner reported holding 5,795,321 shares. On 09/30/2011, Davidson Kempner reported holding 1,795,321 shares. The net reduction in shares for this position is 4,000,000 or 69.02%. About Company: Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company’s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.
  • AK Steel Holding Corporation (NYSE:AKS): On 06/30/2011, Davidson Kempner reported holding 500,000 shares. On 09/30/2011, Davidson Kempner reported holding 164,668 shares. The net reduction in shares for this position is 335,332 or 67.07%. About Company: AK Steel Holding Corporation, through its wholly-owned subsidiary, produces flat rolled carbon steel. The Company produces coated, cold rolled, and hot rolled carbon steel for the automotive, appliance, construction, and manufacturing markets. AK Steel also cold rolls and aluminum coats stainless steel for automotive industry customers.

(Note: Data regarding Davidson Kempner’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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