Pennant Capital Increases Terex (TEX) Holdings

Posted on August 7th, 2012 by whalewisdom

Pennant Capital Management, LLC, a hedge fund founded by Alan Fournier, filed a new 13G disclosing ownership of 9,308,172 shares of TEX as of July 27th. This gives Pennant a 8.49% stake in the company and is an increase of 1,684,802 shares over what they reported on their March 31, 2012 13F.

From Yahoo! Finance, Terex Corporation manufactures capital goods machinery products worldwide.

Ownership History in TEX
Reported via	Date	Name	Ticker	Shares	% of Portfolio
13F	2010-09-30	Terex Corp.	TEX	975,400	0.65
13F	2010-12-31	Terex Corp.	TEX	2,700,300	2.20
13F	2011-03-31	Terex Corp.	TEX	3,285,300	2.75
13F	2011-06-30	Terex Corp.	TEX	4,815,300	2.94
SC 13G	2011-08-08	Terex Corp.	TEX	7,345,300	N/A
13F	2011-09-30	Terex Corp.	TEX	8,305,300	2.10
13F	2011-12-31	Terex Corp.	TEX	7,742,700	2.71
SC 13G/A	2012-02-14	Terex Corp.	TEX	7,742,700	N/A
13F	2012-03-31	Terex Corp.	TEX	7,623,370	3.88
SC 13G/A	2012-07-27	Terex Corp.	TEX	9,308,172	N/A