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Masters Capital Management reported ownership of 2 million shares of YRC Worldwide, Inc. (NASDAQ:YRCW) as of the end of September. The total value of this stake was over $24.64 million. YRC’s stock returned a massive 40% in the third quarter. At the end of the second quarter, a total of 20 of the hedge funds tracked by us were long this stock, down by 3% from the previous quarter. Among these funds, Avenue Capital held the most valuable stake in YRC Worldwide, Inc. (NASDAQ:YRCW), which was worth $42.2 million at the end of the second quarter. Moreover, RIMA Senvest Management, D E Shaw, and Two Sigma Advisors were also bullish on YRC Worldwide, Inc. (NASDAQ:YRCW).

1.54 million Credit Suisse Group AG (ADR) (NYSE:CS) shares were bought by Masters Capital Management in the third quarter, as the fund upped its stake in the company by 37% in the period. Moving into the fourth quarter, the fund had 2 million shares of the company, which had a net worth of about $26.28 million. The stock returned 22.8% during the third quarter, so the fund showed a good deal of confidence in the stock by continuing to buy at elevated levels.

Credit Suisse Group AG (ADR) (NYSE:CS) was in 13 hedge funds’ portfolios at the end of the second quarter of 2016 among those we track. CS has experienced an increase in activity from the world’s largest hedge funds recently. There were 10 hedge funds in our database with CS holdings at the end of the second quarter. Fisher Asset Management was the largest shareholder of Credit Suisse Group AG (ADR) (NYSE:CS) among them, with a stake worth $111 million reported as of the end of June. Trailing Fisher Asset Management was Masters Capital Management, which amassed a stake valued at $21.4 million.

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