Among the hedge funds that we track, 19 had an aggregate investment of $195.23 million in Air Transport Services Group Inc. (NASDAQ:ATSG) at the end of 2014, as compared to 24 funds with $164.96 million in the previous quarter. Willem Mesdag‘s Red Mountain Capital was one of them.
Nature’s Sunshine Prod. (NASDAQ:NATR) occupied the second spot on Prescott’s equity portfolio with an unchanged stake during the March quarter, which amounted to 1.87 million shares valued at $24.48 million. The holding constituted 4.92% of the fund’s portfolio value. The stock of the health and wellness company engaged in the sale of nutritional and personal care products has depreciated by 12.08% year to date mainly due to declining sales in Russia, and Central and Eastern Europe, owing to political unrest and the consequent currency devaluations. Jim Simmons‘ Renaissance Technologies is another investor of Nature’s Sunshine Prod. (NASDAQ:NATR).
Prescott’s top holding from the finance sector, Regional Management Corp (NYSE:RM)‘s stock is up about 2.47% year to date. The company recently reported that its delinquency profile as of March was the lowest since its IPO in 2012. Regional Management Corp (NYSE:RM) aims to expand more during 2015 by taking its branch network to between 325 and 330. As of end of March it had 306 operational branches. Prescott held about 900,200 shares of the company valued at $13.29 million. The two largest stockholders of Regional Management Corp (NYSE:RM), according to our database, are Tom Brown‘s Second Curve Capital and Matthew Lindenbaum’s Basswood Capital.
PharmAthene, Inc. (NYSEMKT:PIP)‘s holding in Prescott’s portfolio amounted to 7.98 million shares valued at $13.0 million. The $103.72 million healthcare company is a biodefense company battling biological and chemical threats. Its portfolio of products includes SparVax and Valoritm for anthax, and rBChE , which combats the effects of nerve gases and pesticides. Mathew Mark’s Jet Capital Investors held 2.33 million shares of PharmAthene, Inc. (NYSEMKT:PIP) at the end of 2014.
Frohlich added about 19,152 shares of Servicesource International Inc (NASDAQ:SREV) during the first quarter to take Prescott’s total stake at 3.43 million shares valued at $10.63 million. The stock of the $314.86 million technology company has slid by about 20.94% year to date. This is after an upgrade from JMP Securites to ‘Outperform’ rating with a price target of $7 that made the stock climb to its highest level in nearly two months. Robert G. Moses’ RGM Capital owns about 5.26 million shares of Servicesource International Inc (NASDAQ:SREV) as of the end of last year.
Disclosure: None
