Google Inc, Howard Hughes Corp and More: Hedge Fund Rima Senvest’s Top Picks Crushed The Market in Q1

In the last quarter of 2014, it appears Mashaal’s conviction in Scorpio Tankers Inc. (NYSE:STNG) began to grow. Mashaal more than doubled the firm’s position in the oil transportation company and by year-end he accumulated for the firm 3.5 million shares of Scorpio Tankers Inc. (NYSE:STNG) for an investment of $31 million. The stock represents a 2.22% in the firm’s 13F portfolio. Ken Griffen’s Citadel Investment Corp appears to be very active in the stock as well as Remy Trafelet’s Trafelet Capital. Scorpio Tankers Inc. (NYSE:STNG) also appeared on our list of top picks by billionaire Marc Lasry. Scorpio Tankers’s stock price increased 9.9% for the first quarter of 2015.

Mashaal scored big with his pick, Howard Hughes Corp (NYSE:HHC). In the last quarter of 2014, he bought for the firm 369,000 shares of Howard Hughes Corp (NYSE:HHC) at a value of $48 million. By year-end Howard Hughes Corp (NYSE:HHC) accounted for a 3.4% position in Rima Senvest’s 13F portfolio. The stock appreciated in the first quarter by 18.8%. Murray Stahl’s Horizon Asset Management and Bill Ackman’s Pershing Square are the top two largest holders out of the funds we track.

Rima Senvest’s portfolio would have been better had it not been for Take-Two Interactive Software, Inc. (NASDAQ:TTWO).  As of the beginning of 2015, Mashaal purchased for the firm 1.9 million shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) amounting to a $54 million investment. The position came out to be 3.86% of Remi Senvest’s 13F portfolio, and fell 9.1% for the first quarter of 2015. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) recently reported strong financial results for its fiscal third quarter with non-GAAP revenue rising 24$ to $954 million and the company also raised its outlook for fiscal year 2015.

At the end of 2014, 34 funds held long positions in the publisher of the Grand Theft Auto Series which was up from 30 funds at the end of the previous quarter. Among those funds, David Einhorn’s Greenlight Capital was the largest shareholder of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) throughout 2014, ending the year with 4.70 million shares. Click here for more of our list of the hottest video game stocks.