Activist West Face Capital’s Partners, Investments, AUM and More

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5. SunOpta, Inc. (USA) (NASDAQ:STKL)

During the second quarter, West Face Capital unloaded 2.79 million shares of SunOpta, Inc. (USA) (NASDAQ:STKL) and remained with 884,610 shares valued at $9.02 million at the end of June. SunOpta, Inc. (USA) (NASDAQ:STKL) is the oldest position in West Face Capital’s equity portfolio, as the fund has held shares since the middle of 2011 and has seen the stock gain over 30% as it saw several activists getting involved and pushing for changes. The company was also reported to had been approached by potential buyers on several occasions, but no deal was announced.

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Disclosure: none

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