Dan Loeb’s Large Cap Stock Picks To Avoid
By analyzing the 13F filings of Third Point, managed by Dan Loeb, we estimate that his large-cap stock picks (those with market caps between above $20...
Posts Tagged ‘Bruce Berkowitz Fairholme’
Nationstar Mortgage Holdings Inc (NSM), American International Group Inc (AIG) & Fortress Investment Group’s Top 5 Stock Picks
Michael Novogratz is the manager of Fortress Investment Group, a hedge fund founded in 1998 by Wesley R. Edens, a former BlackRock Financial employee...
American International Group Inc (AIG), MBIA Inc. (MBI): Who Is Bruce Berkowitz? Here’s His Biggest Insurance Bets
Who is Bruce Berkowitz? Each quarter, hedge funds, such as Bruce Berkowitz’s Fairholme (FAIRX), file 13Fs with the SEC. The 13F forms disclose many...
MBIA Inc. (MBI) Was Just Given a Beat Down by The Legendary Bruce Berkowitz
This just in, Bruce Berkowitz’s Fairholme sold off 11,069,600 shares of MBIA Inc. (NYSE:MBI) in a 13G filing with the SEC. Altogether, the fund...
Billionaire Eddie Lampert Bought More Sears From His Hedge Fund
Filings with the SEC have disclosed that billionaire Eddie Lampert purchased 1.2 million shares of Sears Holdings Corporation (NASDAQ:SHLD) from his hedge...
5 Lessons From Bruce Berkowitz That Can Help You Profit: Bank of America Corp (BAC)
During the 15+ years that he’s been running the Fairholme Fund, money manager Bruce Berkowitz has been recognized as an accomplished investor, including...
The Dow Bounces Back, Led by a Berkowitz Favorite: Bank of America Corp (BAC)
The Dow is on the rebound today after the ISM Non-Manufacturing index signaled economic expansion. At the halfway point of the trading day, the Dow Jones...
An Insider Bought $230,000 Worth of Bank of America
Bank of America Corp (NYSE:BAC) Board member David Yost directly purchased 20,000 shares of the company’s stock on January 24th at an average price...
Fund Manager Murray Stahl’s Stock Picks Include Autonation
Murray Stahl founded Horizon Asset Management- which has since grown into the larger investment organization Horizon Kinetics- in 1994. Stahl, as with...
Billionaire Marc Lasry’s Latest Stock Picks
Marc Lasry was one of the highest paid hedge fund managers in 2010. His Avenue Capital Group invests much of its capital in debt, but its recent 13F filing...
North Run Capital’s Top Stock Picks
North Run Capital, which is managed by Thomas Ellis and Todd Hammer, filed its 13F for the third quarter of 2012 with the SEC earlier this month. These...
Bank of America Is Not Cheap Anymore
Bank of America Corp (NYSE:BAC) was a great value stock in the first half of the year. Investors had been worried that the bank would prove to be “too...
Is AIG Still A Good Value?
In late August, we suggested that the consensus among hedge fund managers that American International Group, Inc. (NYSE:AIG) was a good stock to buy,...
We Say It’s Time To Take Profits At Bank of America
Bank of America Corp (NYSE:BAC) is up 70% so far this year. True, the stock is still down tremendously from pre-crisis levels- it is 80% below its price...
QE3: Time to Buy Financials?
With QE3 now in play, we believe that several funds may be set to capitalize on the policy’s impact on financials. Fairholme and its founder Bruce Berkowitz...
Bruce Berkowitz’s Top Stock Picks: American International Group, MBIA Inc.
Bruce Berkowitz’s Fairholme Fund had a terrible 2011, finishing the year down 32%. However, this decline was led by a fall in the share price at American...
Will John Griffin Send David Einhorn a Box of Chocolates?
It has been almost two years since David Einhorn, manager of the $7.8 Billion Greenlight Capital hedge fund presented his case for shorting The St. Joe...
Sears $SHLD Netflix $NFLX Rally in First Quarter, Hedge Funds Win
Recently in Bloomberg’s Inside Track, Scarlet Fu discusses the hedge fund managers that have had the biggest gains so far this year. On the show...
Hedge Funds Late to Party, Again, Running Flat in March Per BoAML
Hedge fund managers make a fortune calling the shots for their funds. Most charge 2-and-20-percent – 2 percent for management and 20 percent for performance...
An AIG Insider Agrees with Bruce Berkowitz
Insider purchases usually signal that the stock is undervalued. As a result, stock prices often increase after insiders disclose their transactions to...
Hedge Fund News: Ted Weschler, Travelodge, Hedge Fund February Redemptions
Berkshire Adds DirectTV, Liberty Media (Bloomberg) Berkshire Hathaway Inc. (BRK/A) boosted its stake in DirecTV and added holdings of Liberty Media Corp...
Bruce Berkowitz’s Top Stock Picks
Bruce Berkowitz is the manager of the Fairholme Fund. He took the post in 1999 and has since grown it to a multi-billion dollar mutual fund, even earning...
Hedge Funds Q4 Moves And Hedge Fund News: Paulson, Soros, Cohen, Einhorn…
Paulson Files to Approach Hartford Holders About Breakup (Bloomberg) Billionaire John Paulson, who controls an 8.4 percent stake in Hartford Financial...
Hedge Fund News, January Performance, George Soros, Bruce Berkowitz…
Hedge Funds Hike Commodity Wagers as Growth Outlook Improves (Bloomberg) Hedge funds increased bets on rising commodity prices to the highest since September...
Hedge Fund News: Buffett, Soros, Michael Hintze, Paulson…
Buffett Railroad Boosts Capital Plan to $3.9 Billion in Coal Bet (Businessweek) Burlington Northern Santa Fe, the railroad controlled by Warren Buffett...
Lansdowne, Marc Faber, LightSquared, Fairholme, TPG & GlobeOp, Cohen & LA Dodgers…
Lansdowne Flagship UK Hedge Fund Up 5.7 Pct In Jan (Reuters) Lansdowne Partners, one of Europe’s biggest hedge fund managers, saw its flagship UK...
Bruce Berkowitz’s Fairholme 2011 Year-End Result: Down 32%
Bruce Berkowitz’s Fairholme had a terrible 2011. The fund lost more than 32% over the year, and only remains less than $7 billion under management.
Bruce Berkowitz’s Fairholme Capital Initiated A Position In $OSH
Bruce Berkowitz’s Fairholme Capital Management reported yesterday that the firm now has 718 thousand shares of Orchard Supply Hardware Stores Corp (...
10 Worst Performing Hedge Funds in 2011
We have been compiling hedge fund returns in 2011 for the past couple of weeks. We gathered returns for more than 60 hedge funds we are tracking. Here...
Berkowitz on Losing End After Sears $SHLD and Financials Tank
Bruce Berkowitz, founder and manager of the $8 billion Fairholme Fund, had a rough 2011. According to Bloomberg, it was the Fund’s worst on record...
Bruce Berkowitz Bet Billions on Unloved Stocks
The Fairholme Fund recently released a presentation called “Fairholme Stays the Course,” with the tag line, “Ignore the crowd.” In it, the Fairholme...
Hedge Funds Sell Pharmaceuticals, Financial Stocks in 3rd Quarter
Some of the biggest names in the hedge fund industry revamped their portfolios in the third quarter. Among the highlights, several funds sold their positions...
Bruce Berkowitz’s Fairholme Fund ‘Stays the Course’
Bruce Berkowitz’s Fairholme Fund recently released a document entitled, “Fairholme Stays the Course.” The document, which has a tag...
Several Hedge Funds Cut Citigroup $C in Third Quarter
Citigroup (C) lost -38.47% in the third quarter, going from $41.62 a share on June 30 to just $25.61 a share on September 30, and it shows by the number...
Ackman, Other Fund Managers Give Investing Ideas at Dallas Event
Donating to charity is a tax deduction for most people, but the good these organizations do cannot be discounted. Non-profit companies that stage charity...
Bruce Berkowitz, Low Returns, High Redemptions and ‘Average Down’
Bruce Berkowitz has had an amazing track record. For years, his Fairholme Fund has produced consistently high returns. Of course, with the sweet comes...
Is CIT Group $CIT Worth the Risk? Or is Rival $C $BAC or $IX Better?
CIT Group (CIT) is a favorite pick of Bruce Berkowitz’s Fairholme (Fairx), Mark T. Gallogly’s Centerbridge Partners and Howard Marks’ Oaktree Capital...
Hedge Funds Lose on Citigroup $C After Greece Puts Plan to Vote
Citigroup (C) fell more than 8.55% in early trading on Tuesday “on worries that a planned Greek referendum could scuttle a plan reached last week...
Bruce Berkowitz is Bullish About Eli Lilly $LLY
Bruce Berkowitz, founder and manager of the Fairholme fund has had a change of heart. Berkowitz has gone from bull to bear on pharmaceutical stocks.
Hedge Funds Make Big on Bank of America $BAC
Bank of America (BAC) gained almsot 10% in trading on Thursday after it reported earnings “56 cents per share on revenues of $28.7 billion in the...
Bruce Berkowitz’s Fairholme Fund Loses Half Its Value and Top Exec Charlie Fernandez
Bruce Berkowitz‘s Fairholme fund can’t seem to catch a break. Fortune reports its assets were cut in half as investors pulled their money...
Evening Leaders – Fairholme’s Charles M. Fernandez Steps Down, Brownstein Pled Guilty
Fairholme Top Executive Charles M. Fernandez Steps Down (WSJ) Charles M. Fernandez has stepped down as one of the key executives at the Fairholme mutual...
Bruce Berkowitz’s Stock Picks with the Highest Upside
Bruce Berkowitz launched Fairholme in 1999. It earned him the title of “Stock Manager of the Decade” from Morningstar and is now a $19 Billion...
Hedge Funds Recovered Some of their $BAC Losses Today
Bank of America Corp (BAC) rose over 40 cents a share on news Tuesday that it “posted a profit of $6.2 billion, or 56 cents a share, compared to...
Hedge Funds Lost a Bundle on Morgan Stanley $MS Bets
Morgan Stanley (MS) declined 4% on Tuesday, October 4, 2011, before the opening bell after it received a downgrade from Egan-Jones. The downgrade brought...
Bank Of America Layoffs – 30K Confirmed
Bank of America layoffs are being labeled by the company as a “strategy of focusing all of its resources on serving individuals, companies, and...
Paulson, Berkowitz, and Ackman Are Among The Worst Stock Pickers in August
John Paulson, Bruce Berkowitz, and Bill Ackman are among the worst stock pickers in August. We excluded hedge funds (and mutual funds with stellar reputation...
Bruce Berkowitz’s New Stock Picks
Bruce Berkowitz launched Fairholme in 1999. It earned him the title of “Stock Manager of the Decade” from Morningstar and is now a $19 Billion mutual...
Ken Griffin, Hedge Fund Group Lobbies, Hedge Fund Fraud
Citadel Followed Paulson, Fairholme in Pre-Rout Wager on Regions Financial (Bloomberg) Citadel LLC and Lansdowne Partners Ltd. boosted stakes in Regions...
Are These Hedge Funds Behind Yesterday’s Market Crash?
Yesterday’s market crash was huge. We wondered which hedge fund managers are behind this crash and estimated each hedge fund’s losses. These...
