General Dynamics Corporation (GD), Foster Wheeler AG (FWLT), Signet Jewelers Ltd. (SIG): Gavin Abrams’ Top Stock Picks

Abrams Bison Investments, a hedge run by Gavin Abrams, has filed its 13F with Securities and Exchange Commission, disclosing nine positions. Abrams, which founded the eponymous hedge-fund in 2000, is a value investor and generally focuses on long term investments and risk arbitrage. Historically he invests primarily in the US market. The current equity portfolio is very focused, with its three largest stakes in General Dynamics Corporation (NYSE:GD), Foster Wheeler AG (NASDAQ:FWLT) and Signet Jewelers Ltd. (NYSE:SIG) making more than 42% of all stock holdings. Across sectors, the investor seems to see potential in industrial companies and finance, which together make 67% of the portfolio.

General Dynamics Corporation (NYSE:GD)

The largest holding is in the $41 billion market cap defense and aerospace company General Dynamics Corporation (NYSE:GD), where Abrams has made no change in its stake compared to the previous quarter. He still owns 2.3 million shares that have a value of $279 million. The stake amasses as much as 23% of the total equity portfolio.

General Dynamics Corporation (NYSE:GD) can also be found in the equity portfolio of James A. Star‘s Longview Asset Management, which holds 33 million shares worth approximately $3.8 billion, and Louis Navellier‘s Navellier & Associates, which has beneficial ownership of 318,335 shares valued at $37 million.

The second biggest Abrams’ investment is in engineering and construction contractor Foster Wheeler AG (NASDAQ:FWLT), where he has sold 724,199 shares in the second quarter, decreasing the position by 11%. However, the investor still holds 5.4 million shares that are valued at around $184 million. The stake makes about 15.35% of the equity portfolio.

Kerr Neilson‘s Platinum Asset Management also sees Foster Wheeler AG (NASDAQ:FWLT) as a good investment, holding 9.3 million shares worth $318 billion.

The third largest holding is represented by the $8.6 billion market cap Signet Jewelers Ltd. (NYSE:SIG), a specialty retail jeweler. Abrams has sold 910,115 shares, shrinking its stake in Signet Jewelers Ltd. (NYSE:SIG) by 39%. The investor has now 1.4 million shares worth $164 million.

Keith Meister‘s Corvex Capital and Ken Griffin‘s Citadel Investment Group are the two largest investors in Signet Jewelers Ltd. (NYSE:SIG) among the hedge funds tracked by insidermonkey.com. The former has 5.4 million shares worth $622 million and the latter owns 2.3 million shares that have a value of $256 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

Reign of Terror: The 10 Most Ruthless Politicians in History

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

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!