Manikay Partners Top Picks: Bank of America Corp (BAC), American International Group Inc. (AIG) & More

In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year. In its latest 13F, Manikay Partners, managed by Shane Finemore, disclosed its holdings as held at the end of the fourth quarter of 2013.

Bank of America Corp (NYSE:BAC)

The total value of the portfolio amounted to $1.04 billion, compared to $1.06 billion disclosed at the end of the third quarter. In this article, we will talk about the top five holdings of the fund in terms of value.

The first on the list is Bank of America Corp. (NYSE:BAC), in which the fund disclosed a $93.42 million stake, which amasses 6.0 million shares. Last week, Bank of America Corp. (NYSE:BAC) announced that it extended $10.9 billion in new loans to small businesses in 2013, a 26% increase over 2012.

The second-largest holding in Manikay Partners’ equity portfolio is represented by American International Group Inc. (NYSE:AIG), in which the fund owns 1.71 million shares, worth around $87.50 million.

In Citigroup Inc (NYSE:C), the fund disclosed ownership of 1.65 million shares, with a reported value of about $85.98 million. Citigroup Inc. (NYSE:C) reported net income for the fourth quarter 2013 of $2.7 billion, or $0.85 per share, on revenues of $17.8 billion.

The next on the list is Constellation Brands, Inc. (NYSE:STZ), in which the fund disclosed an $80.94 million stake, which amasses 1.15 million shares. At the end of third quarter of 2013, the fund owned 1.30 million shares of the company.

The fifth-largest holding is Health Management Associates Inc (NYSE:HMA), a new position in which the fund disclosed ownership of 5.41 million shares, worth around $70.81 million. On Jan. 22, Community Health Systems (NYSE:CYH) and Health Management Associates Inc (NYSE:HMA) announced that they have reached an agreement with the Federal Trade Commission (FTC) for the merger of the companies. The deal is expected to be completed by the end of January 2014.

Disclosure: none

Recommended Reading:

Hedge Fund News: Whitney Tilson, Daniel Loeb & Ray Dalio

Deerfield Management Further Raises Its Position in Auspex Pharmaceuticals Inc (ASPX)

Iroquois Capital Edges up Stake in National Holdings Corporation (NHLD)

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 9 Most Dangerous Countries for Tourists to Visit

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

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!