Cooper Creek Sells Half of Its CoreCivic Holdings

Cooper Creek Partners Management LLC has reduced its holdings in shares of CoreCivic, Inc. (NYSE:CXW) by 51.7% during the first quarter, according to its most recent SEC filing. The institutional investor owned 2,849,459 shares of the real estate investment trust's stock after selling 3,047,146 shares during the period.

CoreCivic makes up 1.8% of Cooper Creek Partners Management LLC's holdings, making it the company's 18th largest position. The firm owned approximately 2.88% of CoreCivic worth $53,883,000 as of its most recent SEC filing.

A number of other hedge funds and institutional investors also recently added to or reduced their stakes in CXW. Royal Bank of Canada grew its stake in shares of CoreCivic by 49.2% during the first quarter, owning 59,523 shares worth $1,207,000 after acquiring an additional 19,630 shares.