Ally Financial Inc (ALLY), Harbinger Group Inc (HRG): 4 Stocks That Are Attracting Attention

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Lion Point held 1.30 million Alcoa Inc (NYSE:AA) shares whose total value stood at $36.15 million at the end of the second quarter. This holding of Lion Point returned 9.7% in the quarter ended September 30. The largest stake in Alcoa Inc (NYSE:AA) among the funds that we track was held by Elliott Management, which reported holding $719.4 million worth of its stock as of the end of June. It was followed by First Pacific Advisors LLC with a $597.5 million position. Other investors bullish on the company included Orbis Investment Management and Slate Path Capital.

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Lion Point had a total of 1.16 million shares of CenterPoint Energy, Inc.(NYSE:CNP) at the end of the second quarter. The net worth of these shares was about $25.41 million. CenterPoint Energy, Inc. (NYSE:CNP) returned 9.7% during the third quarter. Elliott Management was again a major shareholder of one of Lion Point’s picks, owning 11.7 million shares of the company on June 30.

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Disclosure: None

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