Pampa Energia S.A (PAM), Fortress Investment Group LLC (FIG), More: Are These Stocks Poised for Huge Breakouts?

Serengeti Asset Management sold 22% of its stake in Fortress Investment Group LLC (NYSE:FIG) in the second quarter. At the end of June, the hedge fund had 3.6 million shares of the company, whose total value was about $16.13 million. The stock returned 13.8% during the third quarter. Hedge fund interest in Fortress Investment Group LLC (NYSE:FIG) shares was flat during the second quarter, at 23. Among these funds, Tricadia Capital Management held the most valuable stake in Fortress Investment Group LLC (NYSE:FIG), which was worth $19.5 million at the end of the second quarter. On the second spot was Diamond Hill Capital, which amassed $16.9 million worth of shares. Moreover, Springhouse Capital Management and EJF Capital were also bullish on Fortress Investment Group LLC (NYSE:FIG).

Lastly, Serengeti Asset Management increased its holdig in Pampa Energia S.A. (ADR) (NYSE: PAM) by 10% in the second quarter, and concluded the period with a total of 375,000 shares of the company. The aggregate value of this stake was over $10.25 million. Pampa Energia’s stock delivered 18.5% gains during the third quarter. Point State Capital held the most valuable stake in Pampa Energia S.A. (ADR) (NYSE:PAM) among the funds that we track on June 30, which was worth $121 million at the end of the second quarter. On the second spot was Driehaus Capital which amassed $15.9 million worth of shares. EMS Capital, Columbus Hill Capital Management, and Arrowstreet Capital were also shareholders of Pampa Energia S.A. (ADR) (NYSE:PAM).

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