Top 6 Stocks to Buy Today According to Stephen Feinberg’s Cerberus Capital Management

Published March 25, 2022 at 8:58 am EDT Updated August 19, 2026 at 12:32 pm EDT

In this article, we discuss the top 6 stocks to buy today according to Stephen Feinberg’s Cerberus Capital Management.

Stephen Feinberg is a Princeton University graduate. He worked as a trader at Drexel Burnham Lambert, where he was in charge of significant pools of company cash. From 1985 through 1992, he managed distinct pools of funds for Gruntal & Co. and a few other accounts. Stephen Feinberg and William L. Richter founded Cerberus Capital Management in 1992 with $10 million. Currently, Stephen Feinberg is the Co-Chief Executive Officer of Cerberus Capital Management. In addition, Stephen Feinberg was appointed to lead former President Trump’s intelligence advisory council in May 2018.

Cerberus Capital Management is a distressed investing private equity firm based in the United States. The hedge fund’s headquarters are in New York City. The hedge fund is known for its massive presence in the private equity market. Still, it also manages a mid-sized equity portfolio concentrating on the services and industrial sectors.

Albertsons Companies, Inc. (NYSE:ACI) and Deutsche Bank Aktiengesellschaft (NYSE:DB) are among the most notable stocks in Stephen Feinberg’s Cerberus Capital Management Q4 portfolio.

Top 6 Stocks to Buy Today According to Stephen Feinberg's Cerberus Capital Management

Stephen Feinberg of Cerberus Capital Management

Our Methodology

Let’s start our list of top 6 stocks to buy today according to Stephen Feinberg’s Cerberus Capital Management. We used the fourth quarter portfolio of Feinberg for this analysis. The number of hedge funds that own holdings in each company was determined using data from 924 top hedge funds monitored by Insider Monkey.

Top Stocks to Buy Today According to Stephen Feinberg’s Cerberus Capital Management

6. Zeta Global Holdings Corp. (NYSE:ZETA)

Cerberus Capital Management Stake Value: $1,447,000

Percentage of Cerberus Capital Management’s 13F Portfolio: 0.02%

Number of Hedge Fund Holders: 15

Zeta Global Holdings Corp. (NYSE:ZETA) is a marketing technology software firm specializing in providing consumer information and marketing automation tools to businesses. GPI Capital is Zeta Global Holdings Corp.’s largest shareholder, with shares worth $170.40 million.

Zeta Global Holdings Corp. purchased ArcaMax, an email newsletter publishing company that serves millions of subscribers with news and features, on March 23.

In addition, Jason Kreyer of Craig-Hallum initiated coverage of Zeta Global Holdings Corp., rating the stock as Buy and giving a price target of $14 on February 7.

At the end of the fourth quarter of 2021, 15 hedge funds in the database of Insider Monkey held stakes worth $204.27 million in Zeta Global Holdings Corp., up from 11 the preceding quarter worth $12.48 million.

Zeta Global Holdings Corp. is one of the stocks gaining the attention of Stephen Feinberg, alongside Albertsons Companies, Inc. and Deutsche Bank Aktiengesellschaft.

5. Altice USA, Inc. (NYSE:ATUS)

Cerberus Capital Management Stake Value: $8,433,000

Percentage of Cerberus Capital Management’s 13F Portfolio: 0.13%

Number of Hedge Fund Holders: 50

Altice USA, Inc. (NYSE:ATUS) provides internet, pay television, telephone, proprietary content, and advertising services in the United States. According to Insider Monkey’s database, 50 hedge funds had a stake in Altice USA, Inc. as of Q4 2021. The total value of their holdings was $842.43 million. HG Vora Capital Management is the leading shareholder of Altice USA, Inc., with a stake worth over $161.80 million.

Analyst Nick Lyall of Societe Generale downgraded Altice USA, Inc. from Buy to Hold with a price target of $12 on February 23. In a research report, the analyst warned investors that competition had hindered growth and encouraged management to speed up the fiber roll-out.

Cerberus Capital Management first bought a stake in Altice USA, Inc. in the third quarter of 2021. In the fourth quarter, Stephen Feinberg loaded up on Altice USA, Inc., increasing his hold in the company by a whopping 595%. Cerberus Capital Management owns 521,207 shares of the company, worth $8.43 million.

4. NexTier Oilfield Solutions Inc. (NYSE:NEX)

Cerberus Capital Management Stake Value: $112,491,000

Percentage of Cerberus Capital Management’s 13F Portfolio: 1.84%

Number of Hedge Fund Holders: 16

NexTier Oilfield Solutions Inc. (NYSE:NEX) is a firm that provides oilfield services. Completion solutions, wire line, pump down, hydraulic fracturing, coiled tubing, cementing, rig services, special services, and fluids management services are among the services it provides. Susquehanna analyst Charles Minervino boosted his price objective for NexTier Oilfield Solutions Inc. to $9.00 from $7.70 on March 4 and maintained a Neutral rating on the stock.

Based on its 13F holdings for the fourth quarter of 2021, Cerberus Capital Management owns 33.36 million shares in NexTier Oilfield Solutions Inc., valued at $112.49 million. Stephen Feinberg’s Cerberus Capital Management is the most significant stakeholder of NexTier Oilfield Solutions Inc..

16 out of the 924 hedge funds held stakes in NexTier Oilfield Solutions Inc. in the fourth quarter of 2021, worth $193.39 million, down from 21 funds in the preceding quarter, holding stakes in NexTier Oilfield Solutions Inc. valued at $262.63 million.

In addition to Albertsons Companies, Inc. and Deutsche Bank Aktiengesellschaft, NexTier Oilfield Solutions Inc. is a notable holding in Stephen Feinberg’s Q4 portfolio.

3. Frontier Communications Parent, Inc. (NASDAQ:FYBR)

Cerberus Capital Management Stake Value: $619,633,000
Percentage of Cerberus Capital Management’s 13F Portfolio: 10.15%
Number of Hedge Fund Holders: 46

Frontier Communications Parent, Inc. (NASDAQ:FYBR) provides consumer and business communications services. Truist analyst Greg Miller initiated coverage of Frontier Communications Parent, Inc. on March 15, rating the stock as Buy and giving a price target of $40. In a research note, Miller stated that the company has the opportunity to recapture some of the broadband market share that has been lost to cable.

Frontier Communications Parent, Inc. was in 46 hedge fund portfolios at the end of the fourth quarter, according to Insider Monkey. The total stakes that these funds had in the company are valued at $3.62 billion, up from $3.54 billion the prior quarter with 43 positions. As of the fourth quarter of 2021, Cerberus Capital Management’s stake in Frontier Communications Parent, Inc. was a hefty $619.63 million, which covers 10.15% of the hedge fund’s 13F portfolio.

2. Deutsche Bank Aktiengesellschaft (NYSE:DB)

Cerberus Capital Management Stake Value: $777,141,000
Percentage of Cerberus Capital Management’s 13F Portfolio: 12.73%
Number of Hedge Fund Holders: 14

Deutsche Bank Aktiengesellschaft is a Frankfurt-based global investment bank and financial services firm. At Q4’s end, a total of 14 of the hedge funds tracked by Insider Monkey held long positions in Deutsche Bank Aktiengesellschaft, down from 15 hedge funds in the third quarter of 2021.

Douglas Braunstein and James Woolery’s Hudson Executive Capital is the leading shareholder of Deutsche Bank Aktiengesellschaft with 67.39 million shares worth $844.67 million. Cerberus Capital Management holds more than 62.04 million shares in Deutsche Bank Aktiengesellschaft worth over $777.14 million. This represents 12.73% of their portfolio.

Third Avenue Management in its Q3 2021 investor letter mentioned Deutsche Bank Aktiengesellschaft. Here is what the fund said:

“Deutsche Bank AG (4.5% portfolio weight) – Similarly, Deutsche Bank Aktiengesellschaft has in recent years undertaken profound cost cutting initiatives, albeit, in Deutsche’s case, as a result of scandal, business underperformance and a need to deleverage. Deutsche Bank, and other investment banks with large fixed income trading operations, clearly benefited from the pandemic in 2020 as a result of unusually large fixed income trading volumes and market volatility. This is one of the primary arguments for having trading operations alongside more traditional banking and asset management businesses—i.e., that their business performances are not correlated and strong trading performance can, at times, offset challenges in other parts of the business. And times are still challenging for Deutsche’s more traditional corporate and private banking businesses as a result of the interest rate environment. Clearly a higher (or even less negative) German rate environment would help, but it must be said that Germany has to be among the least attractive banking markets in Europe. The industry structure is unique and frustrates the ability of private banks to produce profit, which in turn limits the ability to accumulate capital, making the entire system more fragile than it ought to be. We value Deutsche’s various banking business lines accordingly. But, turning back to things Deutsche can control, it is indisputable that Deutsche Bank Aktiengesellschaft, under CEO Christian Sewing, has made considerable progress towards its critical cost cutting, deleveraging and capital accumulation goals. At the outset of our investment in Deutsche, our single largest concern was that the bank’s necessary exit from certain lines of business, along with sizable headcount reduction in others, could cause clients to seek other relationships with banks offering a full range of services and without any perception of counterparty risk. In a worst case scenario the result could have been an erosion of revenue even faster than the cost reduction, possibly precipitating a downward spiral. As we emerge from the pandemic with Deutsche Bank Aktiengesellschaft now far down the road of transformation, and clear evidence that it is regaining market share in various lines of business, the largest risks appear to be behind us. To that point, in recent public comments Deutsche management has indicated that it intends to resume returning excess capital to shareholders in 2022.”

1. Albertsons Companies, Inc. (NYSE:ACI)

Cerberus Capital Management Stake Value: $4,583,406,000
Percentage of Cerberus Capital Management’s 13F Portfolio: 75.1%
Number of Hedge Fund Holders: 29

Albertsons Companies, Inc. operates a grocery and medicine shops chain. MKM Partners analyst Bill Kirk boosted his price target on Albertsons to $33 from $31 on January 13. He held a Neutral rating on the stock following the company’s Q3 earnings, which were better than expected, with an EBITDA margin of flat after a 20-basis-point drop in Q2.

During Q4, 29 of the 924 hedge funds tracked by Insider Monkey owned the Albertsons Companies, Inc.’s shares, up from 21 hedge funds in the previous quarter. Among the hedge funds being tracked by Insider Monkey, Cerberus Capital Management is the leading stakeholder of Albertsons Companies, Inc., holding 151.82 million shares worth $4.58 billion.

You can also take a peek at 10 Stocks to Buy According to Himanshu Gulati’s Antara Capital and 10 Stocks to Invest In Today According to Orkun Kilic’s Berry Street Capital.

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