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

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

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!