Lone Pine Capital Opens Dunkin’ Brands (DNKN) Position
Posted on September 10th, 2012 by whalewisdom
Lone Pine Capital LLC, the hedge fund run by Steve Mandel, filed a 13G today disclosing a new position in DNKN. Lone Pine Capital owned 7,021,945.shares or a 6.7% stake in the company as of August 31st.
From Yahoo! Finance, Dunkin Brands Group, Inc., together with its subsidiaries, owns, operates, and franchises quick service restaurants under the Dunkin Donuts and Baskin-Robbins brands worldwide. It restaurants offer coffee, donuts, bagels, ice cream, frozen beverages, baked goods, and related products.
| Reported via | Date | Name | Ticker | Shares | % of Portfolio |
|---|---|---|---|---|---|
| SC 13G | 2012-08-31 | DUNKIN’ BRANDS GROUP, INC. | DNKN | 7,021,945 | N/A |