Published on 17 Nov 2023 on GuruFocus.com via Yahoo Finance
Luxor Capital Group, LP Adjusts Stake in Five Point Holdings LLC
Overview of Luxor Capital's Recent Trade
On November 14, 2023, Luxor Capital Group, LP (Trades, Portfolio) made a notable adjustment to its investment in Five Point Holdings LLC (NYSE:FPH), a company specializing in the development of mixed-use, master-planned communities. The firm reduced its position by 14,500 shares, resulting in a share change of -0.12%. This transaction occurred at a trade price of $2.59, leaving Luxor Capital Group, LP (Trades, Portfolio) with a total of 12,405,536 shares in the company. Despite this reduction, Five Point Holdings LLC still represents 0.64% of Luxor Capital's portfolio, with the firm holding a significant 17.92% of the traded company's stock.
Insight into Luxor Capital Group, LP (Trades, Portfolio)