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Hedge Funds Pile Into Camping World And Other Rv Stocks

by bloomberg.com posted 9months ago 45 views
Hedge fund moguls may be more likely to own a jet than a motorhome but that isn’t stopping them from piling into recreational vehicle stocks. Camping World Holdings Inc. was one of the biggest beneficiaries of this trend in the second quarter with new stakes from funds including Dan Loeb’s Third Point and David Rosen’s Rubric Capital. Third Point bought a 7.6 percent stake valued at $70.6 million as of June 30, according to a filing Friday. Rubric disclosed a new 7.3 percent stake in a filing Tuesday.

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