RIMA Senvest Loads Up Its Cannon With Marrone Bio Innovations Inc (MBII) As It Takes Aim At Big Returns

Moving on to the fund’s top micro-cap stock picks, Senvest’s holding in Gain Capital Holdings Inc (NYSE:GCAP) remained unchanged during the first quarter and consists of 4.27 million shares valued at $41.72 million. The fund initiated a position in the provider of online foreign exchange trading in the last quarter of 2012, and the stock has appreciated by about 110% since then. Michael M. Rothenberg and David Slacker‘s Moab Capital Partners held some 623,900 shares of Gain Capital Holdings Inc (NYSE:GCAP) valued at $6.10 million at the end of the first quarter.

With 4.52 million shares valued at $41.46 million of Immersion Corporation (NASDAQ:IMMR), the company ranks as Senvest’s second largest micro-cap holding. The stake represents about 2.57% of the fund’s portfolio value. The fund has held a stake in the intellectual property and software licensing company focused on haptic innovations since the fourth quarter of 2005. So far this year Immersion Corporation (NASDAQ:IMMR)’s stock has appreciated by nearly 30%. Spencer M. Waxman‘s Shannon River Fund Management is another prominent stockholder of Immersion Corporation (NASDAQ:IMMR) with 2.60 million shares valued at $23.86 million at the end of March.

Senvest upped its stake in YRC Worldwide Inc (NASDAQ:YRCW) by 22% during the first quarter to 2.14 million shares valued at $38.39 million. The $491.95 million company operating in the trucking industry has seen its stock decline by over 33% year-to-date, while the industry as a whole has also suffered greatly, losing 11.68% during the same period. In its financial results for the first quarter of 2015, YRC Worldwide Inc (NASDAQ:YRCW) missed the estimates for both the top and bottom lines. Billionaire Marc Lasry’s Avenue Capital is the largest stockholder of YRC Worldwide Inc (NASDAQ:YRCW) within our database, with some 7.27 million shares valued at $130.63 million.

Disclosure: None