Elliott Associates Increases Position in Emulex Corp (ELX)

Posted on October 9th, 2012 by whalewisdom

Elliott Associates LP, a New York-based hedge fund founded by Paul Singer, filed a new 13G disclosing an increased position in ELX. Elliott Associates owned 6,304,566 shares or a 7.1% stake in the company as of September 28th, 2012. This is an increase of 2,951,691 shares over what they reported on their June 30th, 2012 13F. This comes after Elliott decreased its stake in Emulex rival Brocade Communications Systems (BRCD) earlier in the month.

From Yahoo! Finance, Emulex Corporation provides various connectivity solutions for servers, networks, and storage devices within the data center worldwide.

Ownership History in ELX
Reported via	Date	Name	Ticker	Shares	% of Portfolio
13F	2012-06-30	Emulex Corp.	ELX	3,352,875	0.77
SC 13G	2012-09-28	Emulex Corp.	ELX	6,304,566	N/A

Ownership History in BRCD
Reported via	Date	Name	Ticker	Shares	% of Portfolio
13F	2011-03-31	Brocade Communications Systems, Inc.	BRCD	2,696,932	0.90
13F	2011-06-30	Brocade Communications Systems, Inc.	BRCD	4,065,000	1.56
SC 13G	2011-08-15	Brocade Communications Systems, Inc.	BRCD	16,320,000	N/A
13F	2011-09-30	Brocade Communications Systems, Inc.	BRCD	47,405,800	9.53
SC 13D	2011-11-04	Brocade Communications Systems, Inc.	BRCD	28,747,201	N/A
13F	2011-12-31	Brocade Communications Systems, Inc.	BRCD	43,748,000	8.47
SC 13D/A	2012-01-13	Brocade Communications Systems, Inc.	BRCD	34,178,977	N/A
13F	2012-03-31	Brocade Communications Systems, Inc.	BRCD	35,429,863	4.88
SC 13D/A	2012-04-11	Brocade Communications Systems, Inc.	BRCD	38,800,000	N/A
13F	2012-06-30	Brocade Communications Systems, Inc.	BRCD	41,350,000	6.46
SC 13D/A	2012-09-19	Brocade Communications Systems, Inc.	BRCD	27,126,366	N/A