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ESL holdings


hardincap

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Does anyone know roughly how ESL's portfolio is structured?

 

Many mistakenly assume SHLD and AZO are 30%+ holdings from their look at the 13F filings. In reality, we don't know of any amounts of cash, non equity investments and investments through other entities that Lampert controls. 

 

He has analysts that look for special situation and risk arbitrage opportunities. I wonder if he keeps a separate portfolio to do these kinds of trades?

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