Billionaire Julian Robertson’s Top Small-Cap Picks Include SeaWorld Entertainment Inc (SEAS), FNFV Group (FNFV)

With a position of 130,400 shares valued at $3.04 million in NorthStar Asset Management Group Inc (NYSE:NSAM), the company represents the third-largest small-cap stock pick of Robertson. The asset management company is primarily focused on real estate investments and has a market cap of $4.15 billion. One of the major subsidiaries of NorthStar Asset Management Group Inc (NYSE:NSAM), NorthStar Realty, recently acquired a portfolio of independent living facilities for $875 million. NorthStar Realty owns a 60% share of the portfolio whereas NorthStar Healthcare, another subsidiary, owns a 40% share. SteadFast Capital Management and MSDC Management are among the primary stockholders of NorthStar Asset Management Group Inc (NYSE:NSAM).

Equity Commonwealth (NYSE:EQC) is the final top small-cap choice of Tiger Management, which owns 85,200 shares valued at $2.26 million of the real estate investment trust (REIT), which has a market cap of $3.37 billion. The REIT is planning to trim its portfolio, with expected office building sales of $2 billion to $3 billion in the upcoming months. Its recent earnings release indicated that the company is under contract to sell 52 properties for nearly $750 million. Sam Zell, chairman of Equity Commonwealth (NYSE:EQC), announced in February that the REIT is planning to trim its far-flung property portfolio. The market has reacted with indifference to the sales, with shares of Equity Commonwealth nearly flat in 2015 and over the past 52 weeks. Fir Tree, Corvex Capital and Martin Whitman‘s Third Avenue Management are among some of the major investors of Equity Commonwealth.

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