Wilbur Ross’ Invesco Private Capital Top Picks: Navigator Holdings Ltd. (NVGS), Assured Guaranty Ltd. (AGO) & 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. One of those is Invesco Private Capital, managed by Wilbur Rosswhich at the end of the fourth quarter, reported an equity portfolio worth $1.50 billion, significantly up from $942.34 million disclosed a quarter earlier.

INVESCO PRIVATE CAPITAL Wilbur Ross

In this article, we will discuss about top five holdings in terms of value that Invesco Private Capital has held in its equity portfolio at the end of last year.

The first one is Navigator Holdings Ltd. (NYSE:NVGS), a new position in which the fund disclosed ownership of 23.27 million shares, with a reported value of $626.91 million. Navigator Holdings Ltd. (NYSE:NVGS) owns and operates the world’s largest fleet of handysize liquefied gas carriers. It provides international seaborne transportation and regional distribution services of liquefied petroleum gas (LPG), petrochemical gases and ammonia for energy companies, industrial users and commodity traders.

The second-largest holding in Invesco Private Capital’s equity portfolio is represented by Assured Guaranty Ltd. (NYSE:AGO), in which the fund holds 14.84 million shares worth around $350.13 million. Assured Guaranty Ltd. (NYSE:AGO) is a Bermuda-based holding company, which provides, through its operating subsidiaries, credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets.

BankUnited (NYSE:BKU) is the third-largest holding in which Invesco Private Capital reported owning 5.56 million shares, with a reported value of around $183.09 million. The stake represents a decrease from 8.19 million share dsisclosed previously.

The fourth position is held by EXCO Resources Inc (NYSE:XCO), in which the fund owns 31.50 million shares, worth $167.29 million. EXCO Resources Inc (NYSE:XCO) is engaged in the exploration, exploitation, development and production of onshore the United States oil and natural gas properties with a focus on shale resource plays.

Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) comes in fifth, Invesco Private Capital owning 21.28 million shares, worth $74.90 million. Sun Bancorp, Inc. /NJ (NASDAQ:SNBC), a bank holding company, last month announced the appointment of Keith Stock to the board of directors. Mr. Stock is chairman and chief executive officer (CEO) of First Financial Investors Inc. and senior executive advisor with The Brookside Group.

Disclosure: none

Recommended Reading:

Barry Rosenstein and JANA Partners Love These Stocks

Fifth & Pacific Companies Inc (FNP) & Hanesbrands Inc. (HBI) Are Among Largest Holdings in Scopus Asset Management’s Latest 13F

Billionaire Richard Perry’s Latest Stock Picks: American International Group Inc (AIG), NRG Energy Inc (NRG) & Others

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

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!