Liberty Interactive Corp (LINTA), NextEra Energy Inc (NEE), Black Hills Corp (BKH): Matthew Mark’s Top Stock Picks

Matthew Mark’s Jet Capital Investors has filed its 13F for the second quarter, revealing a total of 43 equity holdings. The equity portfolio is worth $2.2 billion and seems to be fairly diversified across sectors. The largest chunks, however, are in telecoms and finance, which together make up around 47% of the total portfolio. Also important, the investor has more than doubled its bet on a fall in small-cap index Russell 2000. Its short position in the index is the largest of the equity portfolio. Moving on to individual stocks, the top three picks for the quarter are Liberty Interactive Corp (NASDAQ:LINTA), NextEra Energy Inc (NYSE:NEE) and Black Hills Corp (NYSE:BKH).

Liberty Interactive

Jet Capital has bought additional 508,462 shares in the online retailer Liberty Interactive Corp (NASDAQ:LINTA), taking its stake to 2.8 million shares. The holding has a value of $207 million and makes 9.35% of the investor’s equity portfolio.

Other investors in Liberty Interactive Corp (NASDAQ:LINTA) include Bob Peck and Andy Raab‘s FPR Partners with 5 million shares worth $375 million and Ken Griffin‘s Citadel Investment Group with 2.8 million shares worth $213 million.

On the second place in Mark’s portfolio there is electric power provider NextEra Energy Inc (NYSE:NEE), where the investor has increased its stake by 377%, adding 1.5 million shares. Jet Capital currently owns 1.9 million shares that have are valued at approximately $194 million. On August 2, the company’s Vice Chairman and Chief Financial Officer, Moray Dewhurst sold 10,000 shares at a price of $95.47 per share.

Daniel S. Och‘s OZ Management has increased its NextEra Energy Inc (NYSE:NEE) stake as well, by 43%, to 4.3 million shares. Och’s stake has a value of $442 million and is the largest shareholder from the investors tracked by insidermonkey.com.

The third largest individual stock investment is another energy company, Black Hills Corp (NYSE:BKH). Mark has added in the second quarter 486,031 shares, increasing its stake to 1.7 million shares. The holding is worth $106 million and makes 4.78% of the equity portfolio.

Mario Gabelli is bullish on the stock as well. His fund GAMCO Investors holds 627,240 shares that have a value of $38 million. In addition to Gabelli, there is Louis Bacon‘s Moore Global Investments who has decreased its stake in Black Hills Corp (NYSE:BKH) by 20%, but nevertheless remains one of the largest shareholders with 212,610 shares worth $13 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

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations 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!