Hedge funds shower love on Green Mountain, Yahoo

Patrick McCormack, the manager of hedge fund Tiger Consumer Management, decided to bet against rival David Einhorn in the third quarter. McCormack's $2 billion fund jumped into two stocks that Einhorn, founder of $8 billion Greenlight Capital Management and one of a handful of savvy traders who can move markets with his "short" calls, has said publicly he is shorting, or betting against.

Quarterly regulatory filings for Tiger Consumer show McCormack acquired a 280,000 share stake in Chipotle Mexican Grill Inc and increased his fund's stake in Green Mountain Coffee Roasters Inc by 500,000 shares to 1.5 million shares. Einhorn, one of the $2 trillion hedge fund industry's most closely watched managers, has given presentations questioning the prospects for both Chipotle and Green Mountain Coffee.

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