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

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