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

Dividend Stock Alert - Billionaire Robbins' Top Dividend Idea With 70% Upside Potential

Get Paid 3.5% Per Year While Waiting For The Stock Appreciate 70%

Larry Robbins' Glenview Capital Opportunity Fund returned 101.7% in 2013 and Robbins personally made $750 million. The same fund returned 25.3% in 2014. In this FREE REPORT we will share Robbins' top dividend idea that yields 3.5% and has been increasing its dividends for 39 consecutive years. Robbins thinks the stock has the potential to appreciate 70%.

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!