Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Altman’s Owl Creek Discloses Smith & Wesson Stake After Newtown

Owl Creek Asset Management LP, the hedge fund led by Jeffrey Altman, disclosed a 2.4 percent stake in gunmaker Smith & Wesson Holding Corp. after the massacre of school children in Newtown, Connecticut.

The fund purchased 1.62 million Smith & Wesson shares in the fourth quarter, according to a regulatory filing today from New York-based Owl Creek. The filing didn’t show the dates on which the shares were acquired. Dan Sapadin, Owl Creek’s chief operating officer, didn’t immediately return a call for comment on the new holding.

Twenty children and six educators were slain at Sandy Hook Elementary School on Dec. 14, spurring lawmakers to seek stricter gun-control measures. Shares of Springfield, Massachusetts-based Smith & Wesson have climbed 12 percent this year and are little changed since the day before the shootings.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.