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Eddie Lampert and ESL Play Concentration

The hedge funder reduces his succcessful AutoNation stake. Meanwhile, it’s been a rough year for other holdings Sears, Sears Hometown and Lands’ End.

Edward Lampert continues to pare his holdings in his shrinking equity portfolio. In a regulatory filing Tuesday, both Lampert and ESL Investments, his Bay Harbor Islands, Florida, hedge fund firm, said they reduced their stakes in AutoNation, the largest auto retailer in the U.S., to roughly 12 million and 7.45 million

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