Prentice Capital Management, LP, is an employee-owned hedge fund that focuses its services to commingled investment vehicles. The firm employs a strategy that targets value stocks in both short term and long term investment approaches. The primary holdings of Prentice Capital Management, LP, according to its SEC 13F filings for the third quarter ending September 30, 2014, are KKR & Co. L.P. (NYSE:KKR), Gaiam, Inc. (NASDAQ:GAIA), and JAKKS Pacific, Inc. (NASDAQ:JAKK).
The primary holding of Prentice Capital Management, LP, for the quarter was KKR & Co. L.P. (NYSE:KKR), with investment totaling to $20.07 million in value. KKR & Co. L.P. (NYSE:KKR) is an international investment company that offers investment management services to investors in the company’s fund. Ariel Investments and Gmt Capital were the biggest holders of the company with 5.96 million and 5.15 million shares respectively. (You can see complete list on hedge funds which hold positions on KKR & Co. L.P. (NYSE:KKR) at the end of the third quarter).
Gaiam, Inc. (NASDAQ:GAIA) was the second largest investment of the firm with its total investment worth $18.84 million. Gaiam, Inc. (NASDAQ:GAIA) is a provider of fitness products and lifestyle media. The company focuses on providing its services and products to promote healthy living. Gaiam, Inc. (NASDAQ:GAIA) posted a profit of $28.7 million on revenue of $52.8 million for its third financial quarter 2014. Its revenue represents 22.8% increase over its revenue for the same quarter in 2013.
JAKKS Pacific, Inc. (NASDAQ:JAKK) emerged as the third largest investment of Prentice Capital Management, LP, with investment valued at $8.82 million. JAKKS Pacific, Inc. (NASDAQ:JAKK) is a designer, manufacturer, and marketer of toys and a host of other consumer products, featuring popular brands of children and adult products. The company carries out a numner of operations through its subsidiaries namely, Tollytots Ltd, Disguise Inc, Road Champs, Inc, and more. The top three shareholders of JAKKS Pacific, Inc. (NASDAQ:JAKK) are Invesco Advisers, Inc, Wolverine Asset Management LLC, and Dimensional Fund Advisors, Inc.
This article has been written by Victor Ochieng.