Billionaire Noam Gottesman’s Top Stock Picks

GLG Partners’ current position in Cheniere Energy, Inc. (NYSEMKT:LNG) includes 700,468 shares with a market value of $54.24 million. GLG has reduced its holdings in each of its top three stocks, including a 17% cut to his position in Cheniere Energy, Inc. Shares of the energy company have grown 5.77% year-to-date and it has market cap of $17.79 billion. Cheniere Energy, Inc. (NYSEMKT:LNG) reported weaker financial results for the first quarter of 2015 with a net loss of $267.7 million against a net loss of $97.8 million in the year-ago quarter. The energy company has attracted investments from large-scale investment managers including Viking Global and Baupost Group.

Family Dollar Stores, Inc. (NYSE:FDO) is the fourth-largest stock holding of GLG. The fund’s current position in the retailer includes 610,373 shares with a market value of $48.37 million, which represents an increase of 78% from the previous quarter. According to a recent update from Dollar Tree, Inc. (NASDAQ:DLTR), Family Dollar it is likely to sell up to 330 stores for the sake of getting regulatory approval from the Federal Trade Commission for its $8.5 billion acquisition of its smaller rival. Family Dollar Stores, Inc. (NYSE:FDO) has a market cap of $8.95 billion with shares currently trading at $78.17. Elliott Management, Pentwater Capital Management, and Canyon Capital Advisors hold large stock positions in the discount retailer.

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