Why a Fund Just Added $18.5 Million to Grocery Outlet Despite a 40% One-Year Stock Slide

New York City-based Rivermont Capital Management disclosed a buy of Grocery Outlet (NASDAQ:GO) shares, increasing its position by nearly 1.1 million shares in an estimated $18.51 million position change, per a November 13 SEC filing.According to a filing with the Securities and Exchange Commission dated November 13, Rivermont Capital Management increased its holdings in Grocery Outlet (NASDAQ:GO) by nearly 1.1 million shares during the third quarter. The position's reported value rose to $21.67 million as of September 30, reflecting both new share purchases and changes in market price.Top holdings after the filing:  Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool