From Insider Monkey:
In contrast to the market, hedge funds are bullish on Sunedison Inc (NYSE:SUNE). Within our database of around 730 funds, 93 were long Sunedison Inc (NYSE:SUNE) at the end of June, down just one fund from the end of March. The total value of these hedge funds’ holdings increased to $5.68 billion, up by $1.24 billion from the prior quarter. Hedge funds also held 69.1% of Sunedison’s common shares, making it the stock which hedge funds we track were hoarding shares of the most. Among the hedge funds that increased their positions in the second quarter were Dan Loeb’s Third Point, which upped its holding by 24% to 12.4 million shares, and Dan Sobol and Lisa Hess’ Skytop Capital Management, which increased its stake by 20% to 516,702 shares. David Einhorn‘s Greenlight Capital decreased its position by 1% but still had 24.84 million shares at the end of the second quarter.