Breton Hill’s New Re-Shuffled Top Picks: Kraft Foods Group Inc (KRFT), LyondellBasell Industries NV (LYB), & Others

With nearly 91,800 shares valued at $8.06 million, LyondellBasell Industries NV (NYSE:LYB) represents Berton Hill’s second largest holding. The $49.26 billion plastics, chemicals and refining company has benefitted substantially from the declining price of its gas-based raw materials. LyondellBasell Industries NV (NYSE:LYB)’s stock is up by a hefty 29.88% year to date amid a first quarter EPS of $2.54 which beat estimates by $0.56. Revenues of $8.19 billion, however, missed expectations by $1.29 billion. George Soros’ Soros Fund Management initiated a position in the company during the fourth quarter.

Mid-America Apartment Communities Inc (NYSE:MAA) represents Breton Hill’s largest bet in the finance sector, which represents nearly 20% of the fund’s equity holdings. The newly initiated stake comprises of 97,527 shares valued at 7.54 million. Mid-America Apartment Communities Inc (NYSE:MAA) is a REIT that is primarily focused on multifamily homes in the Southeast and Southwest regions of the US. It offers a dividend yield of 4.13%. According to our database, Ken Fisher‘s Fisher Asset Management is the largest stockholder of Mid-America Apartment Communities Inc (NYSE:MAA).

Corrections Corp Of America (NYSE:CXW) is another one of Breton’s holdings in the finance sector, specifically in the Specialized REITs industry, with 175,345 shares valued at $7.06 million, up by 161,468 shares over the quarter. From designing, building, to operating prisons, jails, detention centers, and residential reentry centers, Corrections Corp Of America (NYSE:CXW) takes care of every aspect of correctional facilities. During the fourth quarter the company completed the activation of 480 beds for the US Immigration and Customs Enforcement at the South Texas Family Residential Center. Among the funds we track, Ric Dillon’s Diamond Hill Capital increased its stake in Corrections Corp Of America (NYSE:CXW) by 3% to 1.22 million shares during the fourth quarter.

Another newly initiated stake during the first quarter was in Darden Restaurants, Inc. (NYSE:DRI) with about 100,300 shares valued at $6.96 million. The $8.18 billion full service restaurant company’s stock is up by 9.76% year to date. It seems that the turnaround efforts of the activist investor, Jeffrey Smith’s Starboard Value are improving Darden Restaurants, Inc. (NYSE:DRI)’s profitability after a poor growth period. Starboard Value held about 11.64 million shares of Darden Restaurants, Inc. (NYSE:DRI), according to its latest 13F filing.

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