Opening Position Disclosure by Davidson Kempner Capital Management
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE
Davidson Kempner Capital Management LP, a strong entity in investment management, is providing a public disclosure of its positions in relation to the relevant securities of International Paper Company. As a player in the market, it is essential to remain transparent about ownership, interests, and relevant percentages following regulatory guidelines.
Key Information Regarding Disclosure
1. Key Information
(a) Full name of discloser: Davidson Kempner Capital Management LP
(c) Name of offeror/offeree relates to: International Paper Company
(e) Date position held: Latest practicable date prior to this disclosure observed
Understanding Positions within the Company
2. Positions of the Discloser
Davidson Kempner manages significant investments, including short and long positions, reflecting their strategic approach to the stock market. The firm holds 220,000 relevant securities which represent a percentage stake of 0.06%.
Short Positions Explained
In addition to their mentioned holdings, Davidson Kempner reveals substantial short positions at 2,634,666 shares amounting to 0.76%. This data underscores their acumen in managing diversified portfolios.
Dealing Activity by Davidson Kempner
3. Dealings by the Person Making the Disclosure
Recently, Davidson Kempner has engaged in various transactions, including direct purchases. A notable transaction included the purchase of 20,000 common stock shares at a price of USD 57.6492. These activities reflect the firm's active management strategy and commitment to its investment philosophy.
Other Relevant Information
4. Additional Information
Davidson Kempner maintains transparency regarding any indemnity arrangements related to their dealings. Currently, there are no indemnity or option arrangements disclosed which may affect their interests in relevant securities.
Contact Information
The firm’s official contact person for inquiries regarding this disclosure is Alex McMillan. For any additional communication, interested parties can reach out at 646 282 5805.
Frequently Asked Questions
What is Davidson Kempner's role in the market?
Davidson Kempner Capital Management LP operates as an investment management firm, focusing on various asset classes.
What does this disclosure signify?
The disclosure represents Davidson Kempner’s holdings and positions in International Paper, showcasing transparency in its operations.
How many shares does Davidson Kempner own in International Paper?
Davidson Kempner holds 220,000 shares in International Paper Company.
What is the significance of short positions?
Short positions indicate an investment strategy where the firm profits from a decline in the value of stocks, suggesting their market outlook.
Who should I contact for more information?
For further inquiries, you can contact Alex McMillan at 646 282 5805.
