Forestar Group Inc. (FOR), Zayo Group Holdings Inc (ZAYO), Others On Oasis Management’s Radar

Oasis Management ended the third quarter with 1.2 million JAKKS Pacific, Inc. (NASDAQ:JAKK) shares in its portfolio, which had a total value of over $10.29 million. The stock returned 9.2% during the third quarter. At Q2’s end, a total of 11 of the hedge funds tracked by Insider Monkey held long positions in this stock, unchanged from the previous quarter. Among these funds, Renaissance Technologies held the most valuable stake in JAKKS Pacific, Inc. (NASDAQ:JAKK), which was worth $12.3 million at the end of the second quarter. Archer Capital Management, D E Shaw, and AQR Capital Management were also bullish on JAKKS Pacific, Inc. (NASDAQ:JAKK).

Lastly, Oasis Management increased its stake in Forestar Group Inc. (NYSE:FOR) by 4% in the third quarter, having reported ownership of 787,382 shares of the company as of September 30, valued at $9.22 million. Oasis upped its stake in the company by 41% in the second quarter. Forestar’s stock, however, recorded a disappointing drop of 1.5% in the third quarter. Heading into that quarter, a total of 10 of the hedge funds in our database held long positions in Forestar, down by 23% from the first quarter of 2016. Carlson Capital was the largest shareholder of Forestar Group Inc. (NYSE:FOR) among the 10 funds, with a stake worth $31.6 million. Trailing Carlson Capital was Gratia Capital, which amassed a stake valued at $9.4 million.

Disclosure: None