See Glenn Krevlin Bets on Technology and Real Estate; Buys More Shares of Joint Corp (JYNT)

Mr. Krevlin was also bullish on Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter of 2014, as he increased his stake by 59% to 3.44 million shares valued at $79.93 million. The stock of Starwood Property Trust, Inc. (NYSE:STWD) gained around 5% on the year and might climb even higher based on the recent announcements made by the company. The commercial Real Estate Investment Trust posted mixed results for the last year, on the back of currency fluctuations and lagging residential revenues. However, Starwood Property Trust, Inc. (NYSE:STWD) plans to spin-off the timeshare segment and to expand its hotel portfolio in Latin America with opening 15 new hotels by 2017.  Among funds that we track, Glenhill is among investors with the largest long positions in the company, followed by Israel Englander‘s Millennium Management with 580,000 shares, up by 1,200% on the quarter.

Another top position in Glenhill’s equity portfolio is represented by Sinclair Broadcast Group Inc (NASDAQ:SBGI), in which the fund disclosed ownership of 2.47 million shares with a total value of $67.69 million. The investor added the broadcasting company to its equity portfolio during the third quarter of 2013 and saw the stock fall by 18% since end-September, 2013. Nevertheless, right after having initiated a stake in Sinclair Broadcast Group Inc (NASDAQ:SBGI), Mr. Krevlin significantly increased the position from 639,970 shares held initially. The investment seems to be paying off as Sinclair has reported a surge in revenue and earnings for the fourth quarter with revenue appreciating by 44% on the year to $613.8 million and EPS jumping to $0.98 from $0.02 a year ago. Another shareholder of Sinclair Broadcast Group Inc (NASDAQ:SBGI) is John Lykouretzos’ Hoplite Capital Management, which held 6.42 million shares as of the end of 2014. Billionaire Steven Cohen‘s Point72 Asset Management also initiated a stake in the company during the last quarter holding 960,100 shares according to its latest 13F filing.

Disclosure: none