Momenta Pharmaceuticals, Inc. (MNTA)

[DewDiligence]

SAC Capital decreased its MNTA holding from 2.94M shares on 3/11/14 to 2.40M shares now, according to a 13G/A filed today:

http://www.sec.gov/Archives/edgar/data/1235010/000089914014000378/m11658447.htm

Using the SEC formula for ownership stake, SAC now owns 4.6% of MNTA, and hence it no longer meets the 5% threshold for reporting on Form 13G. Thus, we won’t see further form 13G filings from SAC unless it buys back enough shares to exceed the 5% threshold. (SAC’s MNTA holding will still be able to be tracked quarterly, with a 45-day delay, on Form 13F-HR.)