Fortress Investment Group’s Top Third Quarter Financial Stocks

Wall St. Watchdog reveals information regarding Fortress Investment Group’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 23 stocks in the Financial sector at the end of the quarter with an aggregate market value of $237.982 million.

  • American Capital Ltd. (NASDAQ:ACAS): On 06/30/2011 reported holding 13,401,069 shares with a market value of $133,072,619. This comprised 7.63% of the total portfolio. On 09/30/2011 reported holding 22,271,406 shares with a market value of $151,890,993. This comprised 13.26% of the total portfolio. The net change in shares for this position over the two quarters is 8,870,337. About Company: American Capital Ltd. is an alternative asset manager. The Company, directly and through its global asset management business, invests in employee and management buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides debt and equity to fund growth, acquisitions, recapitalizations, and securitizations.
  • Cit Group Inc. (NYSE:CIT): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 1,475,000 shares with a market value of $44,795,751. This comprised 3.91% of the total portfolio. The net change in shares for this position over the two quarters is 1,475,000. About Company: CIT Group Inc. operates as a holding company. The Company, through its subsidiaries, provides lending, advisory, commercial banking, vendor finance, and leasing services to small and middle market businesses. CIT Group operates globally.
  • Kohlberg Kravis Roberts & Co. (NYSE:KKR): On 06/30/2011 reported holding 1,293,634 shares with a market value of $21,112,106. This comprised 1.21% of the total portfolio. On 09/30/2011 reported holding 943,634 shares with a market value of $9,813,793. This comprised 0.86% of the total portfolio. The net change in shares for this position over the two quarters is -350,000. About Company: KKR & Co. L.P. is a global alternative asset manager. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation; invests in leveraged loans, high-yield bonds and less liquid credit products; and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice.
  • Citigroup Inc. (NYSE:C): On 06/30/2011 reported holding 1,425,550 shares with a market value of $59,359,901. This comprised 3.41% of the total portfolio. On 09/30/2011 reported holding 300,000 shares with a market value of $7,686,000. This comprised 0.67% of the total portfolio. The net change in shares for this position over the two quarters is -1,125,550. About Company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  • Newcastle Investment Corp. (NYSE:NCT): On 06/30/2011 reported holding 1,217,329 shares with a market value of $7,036,162. This comprised 0.4% of the total portfolio. On 09/30/2011 reported holding 1,217,329 shares with a market value of $4,954,529. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Newcastle Investment Corporation is a real estate investment trust that invests in real estate securities and other real estate-related assets. The Company seeks to finance these investments primarily using match-funded financing structures.
  • Phh Corp (NYSE:PHH): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 200,000 shares with a market value of $3,216,000. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is 200,000. About Company: PHH Corporation is an outsource provider of mortgage and vehicle fleet management services. The Company provides private label mortgage services to real estate brokers, financial institutions, credit unions, corporations, and government agencies, and integrated leasing and management solutions to operators of corporate, government, and service-related vehicle fleets.
  • The Chubb Corporation (NYSE:CB): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 45,880 shares with a market value of $2,752,341. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is 45,880. About Company: The Chubb Corporation, a holding company, offers property and casualty insurance, which includes personal, standard commercial and specialty commercial insurance. The Company provides insurance coverage principally in the United States, Canada, Europe, Australia, and parts of Latin America and Asia.
  • Huntington Bancshares Inc. (NASDAQ:HBAN): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 499,800 shares with a market value of $2,399,040. This comprised 0.21% of the total portfolio. The net change in shares for this position over the two quarters is 499,800. About Company: Huntington Bancshares Incorporated is a multi-state bank holding company. The Company’s subsidiaries provide full-service commercial and consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance service programs, and other financial products and services.
  • Bank Of America Corporation (NYSE:BAC): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 335,000 shares with a market value of $2,050,200. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is 335,000. About Company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • Fifth Third Bancorp (NASDAQ:FITB): On 06/30/2011 reported holding 0 shares. On 09/30/2011 reported holding 194,580 shares with a market value of $1,965,258. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 194,580. About Company: Fifth Third Bancorp is a diversified financial services company that operates banking centers in the Midwestern and Southeastern regions of the United States. The Company’s principal businesses include retail banking, commercial banking, investment advisory, and data processing.

(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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