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