Cracker Barrel (NASDAQ: CBRL): D. E. Shaw holds 7.3% non-control stake
Rhea-AI Filing Summary
D. E. Shaw & Co. and affiliates report significant ownership in Cracker Barrel Old Country Store, Inc. common stock. D. E. Shaw & Co., L.P. and David E. Shaw each report beneficial ownership of 1,631,772 shares, representing 7.3% of the outstanding common stock. D. E. Shaw & Co., L.L.C. reports beneficial ownership of 1,626,094 shares, or 7.3%, while D. E. Shaw Valence Portfolios, L.L.C. reports 1,117,863 shares, or 5.0%.
The positions include 53,000 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options. All reporting persons state zero sole voting or dispositive power and only shared power over these shares. David E. Shaw is deemed a beneficial owner through control relationships but expressly disclaims beneficial ownership of the 1,631,772 shares.
Positive
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Negative
- None.
Filing Explained
The amendment updates ownership visibility: the D. E. Shaw group reports shared power over 7.3%, including 53,000 call-option acquisition rights.
Schedule 13G filings disclose ownership above 5%; a 13G identifies a passive holder, and an amendment tracks stake or intent changes as stated. The July 13 filing is an ownership-reporting amendment for D. E. Shaw-related reporting persons, based on holdings dated
D. E. Shaw & Co., L.P. and David E. Shaw each report shared voting and disposition power over 1,631,772 shares, or
The reported 1,631,772 shares include 53,000 shares that Valence has the right to acquire through call options. The practical consequence is updated visibility into the group’s disclosed shared voting and disposition power, with no issuer financing or other capital-structure action described in this filing.
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