Ally Financial Inc (ALLY), BlueLinx Holdings Inc. (BXC), DHT Holdings Inc (DHT): Stephen Feinberg’s Top Stock Picks

Stephen Feinberg’s Cerberus Capital Management has released its 13F for the second quarter, revealing five investments. Although Feinberg is widely known for private equity investments and distressed assets and securities, which is the bulk of his activity, he holds an equity portfolio of public companies focused primarily on financial sector. In the second quarter Feinberg has been especially active as he bought a billion dollar worth of stock in Ally Financial Inc (NYSE:ALLY). In addition, he has increased his stake in BlueLinx Holdings Inc. (NYSE:BXC) and DHT Holdings Inc (NYSE:DHT).

Ally Financial

On the first position in Feinberg’s equity portfolio there is obviously the new acquisition Ally Financial Inc (NYSE:ALLY), an automotive financial dealer, where the investor has bought 47 million shares worth a little more than $1 billion. The stake in Ally Financial Inc (NYSE:ALLY) is making 90% of the equity portfolio.

Other investors in Ally Financial Inc (NYSE:ALLY) include Dan Loeb with 45.6 million shares worth $1 billion and James Dinan’s York Capital Management with 15 million shares valued at $369 million.

On the second place, far behind Ally Financial Inc (NYSE:ALLY), there is BlueLinx Holdings Inc. (NYSE:BXC), a distributor of building products. Feinberg has increased its position by 879,040 shares to 48 million. The stake has a market value of $67 million and makes around 6% of the portfolio.

Alexander Medina Seaver‘s Stadium Capital Management likes BlueLinx Holdings Inc. (NYSE:BXC) as well. He has a stake of 5 million shares that has a value of $7 million. Also worth noticing, on August 20, director Ronald Kolka bought 20,000 shares valued at approximately $65,852.

The third biggest holding in Feinberg’s equity portfolio is DHT Holdings Inc (NYSE:DHT), an oil freight company. The investor has bought additional 1.6 million shares, effectively doubling his position to 3.9 million shares. The stake in DHT Holdings Inc (NYSE:DHT) has a market value of $28 million and makes 2.57% of the total stocks.

Kevin Ulrich‘s Anchorage Advisors owns a stake in DHT Holdings Inc (NYSE:DHT) as well. Ulrich has 5.1 million shares worth $37 million and is the largest shareholder in the company from the investors tracked by insidermonkey.com. In addition to Cerberus and Anchorage, there is Joshua Friedman‘s Canyon Capital Advisors, who is the second largest shareholder in the company from the hedge funds tracked by insidermonkey.com. Friedman owns 4.9 million shares worth approximately $35 million.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!