David Zorub’s Parsifal Capital Management’s Top 5 Stocks

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In this article, we discuss David Zorub’s Parsifal Capital Management’s top 5 stocks. If you want our detailed analysis of these stocks, go directly to David Zorub’s Parsifal Capital Management’s Top 10 Stocks

5. Ally Financial Inc. (NYSE:ALLY)

Parsifal Capital Management’s Stake Value: $88,812,000

Percentage of Parsifal Capital Management’s 13F Portfolio: 7.25%

Number of Hedge Fund Holders: 54

Ally Financial Inc. (NYSE:ALLY) is one of the top stock picks of David Zorub’s Parsifal Capital Management. Ally Financial Inc. (NYSE:ALLY) is a bank holding company offering financial services including vehicle financing, insurance, corporate lending, and mortgage loans, among other related services. Ally Financial Inc. (NYSE:ALLY) also acts as a stockbroker, and offers an electronic trading platform for financial assets. 

David Zorub owns 1.78 million shares in Ally Financial Inc. (NYSE:ALLY), worth $88.81 million, representing 7.25% of Zorub’s 13F portfolio for the second quarter. 

The Q3 earnings were reported on October 21, where the EPS came in at $2.16, exceeding analysts’ consensus estimates by $0.22. Ally Financial Inc. (NYSE:ALLY)’s revenue for the quarter missed estimates by -$46.16 million at $1.99 billion. 

At the end of Q2, 54 hedge funds were bullish on Ally Financial Inc. (NYSE:ALLY), compared to 51 in the previous quarter. 

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