Green Mountain Coffee Roasters (GMCR) plunged 40% at the opening today after reporting slowing growth and slashing its fiscal 2012 outlook.

Notable hedge fund losers include Tiger Consumer Management (4.06% of their total 13f portfolio) run by Patrick McCormack, Philippe Laffont’s Coatue Management (3.27%) and Brett Barakett’s Tremblant Capital (3.87%) among others.  It should be noted that Coatue did sell over half their stake (2,169,800 shares) in GMCR during the 12/31/12 quarter so things could have been much worse.

Big institutional losers in GMCR include Blackrock (7,995,011 shares owned as of 2/9 5.17% stake), Wellington Management (12,997,686 shares owned as of 2/14), Capital Research Global Investors (11,269,556 shares owned as of 2/14),  and FMR (23,024,362 shares, a 14.891% stake! as of 2/14)

Potential winners include Otter Creek management, and Soundpost Parners who  held substantial Puts in GMCR on 12/31/2012.

As of 11:00 a.m. EDT Charming Shoppes (CHRS) was up 24%.  The company agreed to be bought by Ascena Retail Group Inc for $7.93 a share.  Chesapeake Energy Corp (CHK) was down 13%.  The company was downgraded to neutral by Robert W. Baird and Chesapeake also disclosed in a regulatory filing that it had ended certain arrangements with CEO Aubrey McClendon.

Obvious winners in CHRS are Leon Cooperman and Crescendo Partner’s Eric Rosenfeld.  A notable loser in CHK today would be T. Boone Picken’s BP Capital

Read more on “Some Hedge Fund Winners and Losers From Today’s Action in CHRS and CHK” »

Steven Cohen’s SAC Capital Advisors has released a new Schedule 13G disclosing ownership of 2,848,996 shares of SCSS.  This is an increase of 2,671,372 shares over their last reported position on 12/31/2012 and gives SAC Capital a 5% stake in SCSS.

Select Comfort Corporation “engages in the design, manufacture, marketing, distribution, and retail of adjustable-firmness mattresses and other sleep-related products primarily in the United States and Canada.”

Bill Ackman’s Pershing Square Capital has sold out of positions in both FBHS and FD  through Schedule 13G filing disclosures here and here.  The Family Dollar Stores transaction happened on April 19th and the FBHS transaction occurred on April 27th.  Pershing had previously owned 8,384,863 shares of FDO as of 2/14/12 and 20,818,545 shares of FBHS as of 2/14/12.

Julian Robertson’s Undervalued Picks [seekingalpha.com]

Julian Robertson tells CBS News that contributing to Romney campaign was on the best investments he’s made. [businessinsider.com]

Baupost’s Seth Klarman interesting Low P/E picks [seekingalpha.com]

Why does Seth Klarman like Vivendi? [insidermonkey.com]

Activists piled into Barnes & Noble [thestreet.com]

Pershing Square’s Bill Ackman seeking new CEO at Canadian Pacific [businessweek.com]

Interview with Ron Resnick concerning the realities facing hedge fund brands [allaboutalpha.com]

Age of ‘Late Great Depression’ according to Robert Shiller [cnbc.com]

Large Hedge Funds Dominate Industry [hedgefund.net]

Frontline’s Whitewash of the Crisis [nakedcapitalism.com]

Aswath Damodaran’s abstract: ‘Value Investing: Investing for Grown Ups?‘

Fairholme’s Bruce Berkowitz on why he likes BAC [valuewalk.com]

The obsessive habits of Bruce Berkowitz [businessinsider.com]