Billionaire Stephen Feinberg is Fond of These Stocks

Cerberus Capital Management, led by Stephen Feinberg, holds a mid-sized equity portfolio and invests in the services and industrial sectors.  In its latest 13F, Cerberus Capital Management revealed its holdings as held at the end of the fourth quarter of 2013.

SandRidge Energy Inc. (NYSE:SD)

The total value of Cerberus Capital Management’s equity portfolio fell to $140.59 million in the fourth quarter from $311.49 million disclosed as for the third quarter. The fund revealed holding only three companies in its equity portfolio, down from five in the previous quarter, and 10 held at the end of 2012.

The first one is BlueLinx Holdings Inc. (NYSE:BXC), which distributes building products in the United States, principally in two categories: structural and specialty products. The position in this company remained unchanged at 47.14 million shares, with a reported value of $91.92 million.

Stadium Capital Management, led by Alexander Medina Seaver also disclosed ownership of 5.01 million shares at the end of the fourth quarter.

The second position was held by SandRidge Energy Inc. (NYSE:SD), an independent oil and natural gas company. In this company the holding remained unchanged as well, at 5.13 million shares, while the value of the holding increased to $31.16 million, from $30.08 million at the end of the previous quarter.

Omega Advisors, managed by Leon Cooperman, revealed owning 40.53 million shares of SandRidge in its latest 13F filing.

And the last position is represented by Ambac Financial Group, Inc. (NASDAQ:AMBC) and the fund currently owns around 712,800 shares, worth $17.51 million. Previously, the fund held some 1.16 million shares of Ambac Financial Group, with a total value of $21.12 million.

At the end of the last quarter, Cerebrus Capital Management disclosed selling its entire holding in Tower International Inc (NYSE:TOWR), in which it held 4.58 million shares. Another company that was dumped is DigitalGlobe Inc (NYSE:DGI), in which the fund held 2.43 million shares, worth $91.55 million.

Disclosure: none

Recommended reading:

Billionaire Larry Robbins’ Top Stock Picks

See Where Billionaire Michael Dell Invests His Money

Leon Cooperman Is Betting on These Stocks

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.

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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!