T2 Partners’ Favorite Financial Stocks: HHC, C, REXI, IBKR, CLMS, CIM, FSC

Wall St. Watchdog reveals information regarding T2 Partners’ top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 25 stocks in the Financial sector at the end of the quarter with an aggregate market value of $52.492 million.

  • Howard Hughes Corporation (the) (NYSE:HHC): On 06/30/2011, T2 Partners reported holding 176,347 shares with a market value of $0. This comprised 0% of the total portfolio. On 09/30/2011, T2 Partners reported holding 259,397 shares with a market value of $10,920,613. This comprised 6.59% of the total portfolio. The net change in shares for this position over the two quarters is 83,050. About Company: Howard Hughes Corporation develops real estate. The Company develops master planned communities, shopping malls, and mixed-use developments throughout the United States.
  • Citigroup Inc. (NYSE:C): On 06/30/2011, T2 Partners reported holding 79,882 shares with a market value of $3,326,286. This comprised 1.65% of the total portfolio. On 09/30/2011, T2 Partners reported holding 274,424 shares with a market value of $7,030,743. This comprised 4.24% of the total portfolio. The net change in shares for this position over the two quarters is 194,542. 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.
  • Nelnet Inc. (NYSE:NNI): On 06/30/2011, T2 Partners reported holding 276,062 shares with a market value of $6,089,928. This comprised 3.02% of the total portfolio. On 09/30/2011, T2 Partners reported holding 300,255 shares with a market value of $5,638,789. This comprised 3.4% of the total portfolio. The net change in shares for this position over the two quarters is 24,193. About Company: Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process. The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.
  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, T2 Partners reported holding 0 shares. On 09/30/2011, T2 Partners reported holding 57,656 shares with a market value of $5,451,375. This comprised 3.29% of the total portfolio. The net change in shares for this position over the two quarters is 57,656. About Company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.
  • Resource America Inc. (NASDAQ:REXI): On 06/30/2011, T2 Partners reported holding 1,084,622 shares with a market value of $6,366,731. This comprised 3.16% of the total portfolio. On 09/30/2011, T2 Partners reported holding 1,084,622 shares with a market value of $4,891,645. This comprised 2.95% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Resource America, Inc. is an asset management company. The Company offers lease financing; invests in and manages real estate investment vehicles; manages funds of leveraged loans, private equity, and other securities; manages trust preferred and subordinated debt securities; invests in corporate credit products; and manages European collateralized loan obligations.
  • Interactive Brokers Group Inc. (NASDAQ:IBKR): On 06/30/2011, T2 Partners reported holding 204,990 shares with a market value of $3,208,093. This comprised 1.59% of the total portfolio. On 09/30/2011, T2 Partners reported holding 210,000 shares with a market value of $2,925,300. This comprised 1.76% of the total portfolio. The net change in shares for this position over the two quarters is 5,010. About Company: Interactive Brokers Group, Inc. is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures, and foreign exchange instruments.
  • Calamos Asset Management Inc. (NASDAQ:CLMS): On 06/30/2011, T2 Partners reported holding 230,000 shares with a market value of $3,339,600. This comprised 1.66% of the total portfolio. On 09/30/2011, T2 Partners reported holding 247,300 shares with a market value of $2,475,473. This comprised 1.49% of the total portfolio. The net change in shares for this position over the two quarters is 17,300. About Company: Calamos Asset Management, Inc. provides investment advisory services to institutions and individuals primarily in the United States. The Company applies an investment process centered on risk management across investment strategies within the equity, balanced, convertible, high yield, and alternative asset classes. Calamos offers mutual fund and separate account products.
  • Aspen Insurance Holdings Ltd. (NYSE:AHL): On 06/30/2011, T2 Partners reported holding 125,000 shares with a market value of $3,216,250. This comprised 1.59% of the total portfolio. On 09/30/2011, T2 Partners reported holding 100,000 shares with a market value of $2,304,000. This comprised 1.39% of the total portfolio. The net change in shares for this position over the two quarters is -25,000. About Company: Aspen Insurance Holdings Ltd. is a holding company that provides property/casualty insurance and reinsurance. The Company offers property and liability insurance in the United Kingdom and United States, and marine, energy, and aviation insurance and reinsurance worldwide.
  • Chimera Investment Corporation (NYSE:CIM): On 06/30/2011, T2 Partners reported holding 300,000 shares with a market value of $1,038,000. This comprised 0.51% of the total portfolio. On 09/30/2011, T2 Partners reported holding 750,000 shares with a market value of $2,077,500. This comprised 1.25% of the total portfolio. The net change in shares for this position over the two quarters is 450,000. About Company: Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes.
  • Fifth Street Finance Corp. (NYSE:FSC): On 06/30/2011, T2 Partners reported holding 0 shares. On 09/30/2011, T2 Partners reported holding 200,000 shares with a market value of $1,864,000. This comprised 1.12% of the total portfolio. The net change in shares for this position over the two quarters is 200,000. About Company: Fifth Street Finance Corporation lends to and invests in small- to medium-sized companies. The Company seeks to maximize the total return of its portfolio by generating current income from its debt investments and capital appreciation from its equity investments.

(Note: Data regarding T2 Partners’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet