Ken Brodkowitz and Mike Vermut Dumps More Money On Global Brass and Copper Holdings Inc (BRSS)

Ken Brodkowitz and Mike Vermut has revealed in a filing that they have significantly boosted their position in Global Brass and Copper Holdings Inc (NYSE:BRSS) to 1.30 million shares from 421,234 shares held at the end of September 2013. The stake currently amasses around 6.2% of the company’s stock.

Global Brass and Copper Holdings

A number of insiders were selling the stock a couple of months ago. David Shapiro and Michael Psaros, director at Global Brass and Copper Holdings Inc (NYSE:BRSS) dumped 5.75 million shares and now holds 7.31 million shares each. Another large shareholder at Global Brass Halkos Holdings, Llc, also sold 5.75 million shares on the same day.

Of the other hedge funds that we track, Peter S. Park’s Park West Asset Management, is the largest shareholder of Global Brass and Copper Holdings Inc (NYSE:BRSS), amassing 1.28 million shares worth $22.47 million. Citadel Investment Group, managed by Ken Griffin, raised its stake by by 253% in the third quarter of 2013 and currently holds 1.22 million shares.

Pentwater Capital Management, run by Matthew Halbower, is also bullish on Global Brass and Copper Holdings Inc (NYSE:BRSS), and initiated a position in the stock in the third quarter, and holds 425,000 shares.

Newland Capital is a long/short equity hedge fund. The fund has 10.15% of its equity portfolio invested in General Electric Company (NYSE:GE), and owns 331,176, with a reported value of $7.91 million. On the second spot is Quality Distribution, Inc. (NASDAQ:QLTY), wherein the fund holds 695,444 shares, which represents 8.24% of its equity portfolio. Altra Industrial Motion Corp (NASDAQ:AIMC) is the fund’s third largest position, in which the fund has 208,441 shares worth $5.61 million. All these position were initiated in the third quarter of 2013.

Another company where the fund initiated a position in the third quarter is Edgen Group Inc (NYSE:EDG), stands at the fourth position in terms of value in the Newland Capital’s equity portfolio. The fund now has 541,754 shares of the company.

Disclosure: none

Recommended Reading:

Jeffrey Gates Boosts His Stake in International Game Technology (IGT)

Facebook Inc (FB) Jumps, These Hedge Funds Made A Bundle

Biotech Insider Alert - $6 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.
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

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!