Hedge Fund Q3 Stock Changes in the Services Sector

Wall St. Watchdog reveals information regarding Sprott Asset Management’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 4 stocks in the Services sector at the end of the quarter with an aggregate market value of $15.011 million.

  • Finish Line Inc. (NASDAQ:FINL): On 06/30/2011, Sprott Asset Management reported holding 357,400 shares with a market value of $7,648,360. This comprised 1% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 521,100 shares with a market value of $10,416,789. This comprised 1.3% of the total portfolio. The net change in shares for this position over the two quarters is 163,700. About Company: The Finish Line, Inc. is a specialty retailer of men’s, women’s and children’s brand name athletic and leisure footwear, activewear, and accessories. Brand names carried by the Company include Nike, Reebok, K-Swiss, And 1, Asics, adidas, Timberland, New Balance, Saucony, Skechers, and Converse.
  • Foot Locker Inc. (NYSE:FL): On 06/30/2011, Sprott Asset Management reported holding 40,000 shares with a market value of $950,400. This comprised 0.12% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 120,000 shares with a market value of $2,410,800. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is 80,000. About Company: Foot Locker, Inc. is primarily a mall-based athletic retailer that operates athletic retail stores in countries located in North America, Europe, and Australia. The Company provides athletic footwear and apparel through its Foot Locker, Lady Foot Locker, Kids Foot Locker, and Champs Sports retail stores. Foot Locker also operates a direct-to-consumer channel, Footlocker.com/Eastbay.
  • Tim Hortons Inc. (NYSE:THI): On 06/30/2011, Sprott Asset Management reported holding 31,600 shares with a market value of $1,542,396. This comprised 0.2% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 31,600 shares with a market value of $1,462,448. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Tim Hortons, Inc. franchises fast food restaurants. The Company’s restaurants serve coffee drinks, tea, soups, sandwiches, donuts, bagels, muffins, cookies, croissants, and pastries. Tim Hortons operates in Canada and the United States.
  • Destination Maternity Corporation (NASDAQ:DEST): On 06/30/2011, Sprott Asset Management reported holding 110,000 shares with a market value of $2,197,800. This comprised 0.29% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 56,000 shares with a market value of $720,720. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is -54,000. About Company: Destination Maternity Corporation designs, manufactures and retails maternity clothes. The Company operates a chain of maternity apparel stores throughout the United States.

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

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