Fortress Investment Group’s Top Technology Stocks in the Third Quarter

Wall St. Watchdog reveals information regarding Fortress Investment Group’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 16 stocks in the Technology sector at the end of the quarter with an aggregate market value of $29.839 million.

  • Spansion Inc. (NYSE:CODE): On 06/30/2011 reported holding 1,309,048 shares with a market value of $25,225,356. This comprised 1.45% of the total portfolio. On 09/30/2011 reported holding 1,400,326 shares with a market value of $17,111,984. This comprised 1.49% of the total portfolio. The net change in shares for this position over the two quarters is 91,278. About Company: Spansion, Inc. develops and markets flash memory products. Flash memory is incorporated into cars, printers, networking equipment, set-top boxes, high-definition televisions, games, cell phones and other consumer electronics.
  • Abovenet Inc. (NYSE:ABVT): On 06/30/2011 reported holding 91,000 shares with a market value of $6,411,860. This comprised 0.37% of the total portfolio. On 09/30/2011 reported holding 91,000 shares with a market value of $4,877,600. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: AboveNet, Inc. provides fiber optic connectivity solutions for businesses and carriers. Its optical network delivers key network and IP services in U.S. metro markets and London. AboveNet’s network used in different markets such as financial services, media, health care, retail and government.
  • Electronic Arts Inc. (NASDAQ:ERTS): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 184,900 shares with a market value of $3,781,205. This comprised 0.33% of the total portfolio. The net change in shares for this position over the two quarters is 184,900. About Company: Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.
  • Tw Telecom Inc. (NASDAQ:TWTC): On 06/30/2011 reported holding 150,201 shares with a market value of $3,083,627. This comprised 0.18% of the total portfolio. On 09/30/2011 reported holding 150,201 shares with a market value of $2,481,321. This comprised 0.22% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: tw telecom inc. is a fiber facilities-based local exchange carrier in selected metropolitan areas across the US. The Company offers a wide range of business telephony services, primarily to medium- and large-sized business customers and other carriers. TW’s customers include telecommunications intensive business end-users, long distance carriers, and other companies.
  • On Track Innovations Ltd. (NASDAQ:OTIV): On 06/30/2011 reported holding 731,525 shares with a market value of $1,609,355. This comprised 0.09% of the total portfolio. On 09/30/2011 reported holding 731,525 shares with a market value of $1,097,288. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: On Track Innovations Ltd. designs, develops, and markets secure contactless microprocessor-based smart card technology to address the needs of a variety of markets. The Company has developed product solutions for micropayments, mass transit ticketing, parking, loyalty programs, and other applications. On Track has a global network of regional offices to market and support its products.
  • Igo Inc. (NASDAQ:IGOI): On 06/30/2011 reported holding 267,680 shares with a market value of $436,318. This comprised 0.03% of the total portfolio. On 09/30/2011 reported holding 267,680 shares with a market value of $342,630. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: iGo, Inc. provides products and solutions for the mobile electronics industry. The Company’s products include power accessories, foldable keyboards and connectivity solutions for use with portable computers, mobile phones, smartphones, PDAs, and digital cameras.
  • Yahoo! Inc. (NASDAQ:YHOO): On 06/30/2011 reported holding 2,741,500 shares with a market value of $43,343. This comprised 0% of the total portfolio. On 09/30/2011 reported holding 1,759,700 shares with a market value of $27,822. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -981,800. About Company: Yahoo! Inc. is a global Internet media company that offers an online guide to Web navigation, aggregated information content, communication services, and commerce. The Company’s site includes a hierarchical, subject-based directory of Web sites, which enables users to locate and access information and services through hypertext links included in the directory.
  • International Business Machines (NYSE:IBM): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 133,500 shares with a market value of $23,366. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 133,500. About Company: International Business Machines Corporation provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
  • Netapp Inc. (NASDAQ:NTAP): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 430,000 shares with a market value of $20,936. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 430,000. About Company: NetApp, Inc. provides storage and data management solutions. The Company’s storage solutions include specialized hardware, software, and services that provide storage management for open network environments. NetApp serves enterprises, government agencies, and universities worldwide.
  • Youku.com Inc. American Depositary Shares Each Representing 18 Class A Ordinary Shares. (NYSE:YOKU): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 484,000 shares with a market value of $17,817. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 484,000. About Company: Youku.com Inc. is an Internet television company. The Company’s Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices in the People’s Republic of China.

(Note: Data regarding Fortress Investment Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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