Top 10 Stock Holdings of Anchorage Capital Advisors to Watch

The Dow Jones and S&P 500 is surging higher today, as Wall St. Watchdog reveals information about the top 10 holdings of Anchorage Capital Advisors.

  • Central Pacific Financial Corp. (NYSE:CPF): On 3/31/11 Anchorage Capital Advisors reported holding 9,463,095 shares with a market value of $196,832,369. This comprised 17.25% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 9,463,095 shares with a market value of $132,483,330. This comprised 16.19% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Central Pacific Financial Corp., through its central Pacific Bank subsidiary, provides a variety of banking services and products.  Services include personal and business deposit instruments, commercial and consumer loans, credit and debit card services, merchant services, traveler’s checks, safe deposit boxes, and trust services.m  Central Pacific operates in  Hawaii.
  • Synovus Financial Corp. (NYSE:SNV): On 3/31/11 Anchorage Capital Advisors reported holding 32,457,000 shares with a market value of $77,896,803. This comprised 6.83% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 34,007,000 shares with a market value of $70,734,557. This comprised 8.64% of the total portfolio. The net change in shares for this position over the two quarters is 1,550,000. About the company: Synovus Financial Corp. is a financial services holding company that provides various financial services. The Company, through its subsidiaries, provides commercial and retail banking, as well as investment services, to customers in Georgia, Alabama, South Carolina, Florida and Tennessee.
  • BJ’s Wholesale Club Inc. (NYSE:BJ): On 3/31/11 Anchorage Capital Advisors reported holding 1,225,000 shares with a market value of $59,804,500. This comprised 5.24% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 1,237,500 shares with a market value of $62,308,123. This comprised 7.61% of the total portfolio. The net change in shares for this position over the two quarters is 12,500. About the company: BJ’s Wholesale Club, Inc. operates a wholesale club chain in the eastern United States. The Company offers its members a wide range of merchandise, including grocery items and general merchandise. BJ’s also offers a number of specialty services such as travel services, a muffler and brake service, fast food service, and one-hour photo service.
  • Sprint Nextel Corp. (NYSE:S): On 3/31/11 Anchorage Capital Advisors reported holding 5,450,000 shares with a market value of $25,287,999. This comprised 2.22% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 11,022,000 shares with a market value of $59,408,579. This comprised 7.26% of the total portfolio. The net change in shares for this position over the two quarters is 5,572,000. About the company: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  • Brunswick Corporation (NYSE:BC): On 3/31/11 Anchorage Capital Advisors reported holding 1,092,230 shares with a market value of $27,775,409. This comprised 2.43% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 2,769,830 shares with a market value of $56,504,531. This comprised 6.91% of the total portfolio. The net change in shares for this position over the two quarters is 1,677,600. About the company: Brunswick Corporation manufactures consumer products serving the outdoor and indoor active recreation markets. The Company’s products include sterndrives, outboard and inboard marine engines, fitness, billiards, bowling equipment. Brunswick also manufactures pleasure, fishing, and high performance boats.
  • Owens Corning (NYSE:OC): On 3/31/11 Anchorage Capital Advisors reported holding 1,135,000 shares with a market value of $40,848,652. This comprised 3.58% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 1,310,000 shares with a market value of $48,928,498. This comprised 5.98% of the total portfolio. The net change in shares for this position over the two quarters is 175,000. About the company: Owens Corning Inc. offers insulation, roofing, siding, basement and acoustic systems for building and remodeling, composites solutions and asphalt.
  • General Motors Company Common Stock (NYSE:GM): On 3/31/11 Anchorage Capital Advisors reported holding 1,125,000 shares with a market value of $34,908,751. This comprised 3.06% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 1,237,383 shares with a market value of $37,566,949. This comprised 4.59% of the total portfolio. The net change in shares for this position over the two quarters is 112,383. About the company: General Motors Co. manufactures and markets new cars and trucks. The Company offers features for special needs drivers, OnStar vehicle protection, service, parts, accessories, maintenance, XM satellite radio, features for commercial owners, and more. General Motors offers its vehicles and services worldwide.
  • KB Home (NYSE:KBH): On 3/31/11 Anchorage Capital Advisors reported holding 750,000 shares with a market value of $9,330,000. This comprised 0.82% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 3,770,000 shares with a market value of $36,870,599. This comprised 4.51% of the total portfolio. The net change in shares for this position over the two quarters is 3,020,000. About the company: KB HOME builds single-family homes in the United States, primarily targeting first-time and first move-up homebuyers. The Company has operating divisions in Arizona, California, Colorado, Florida, Georgia, Illinois, Nevada, Wisconsin, New Mexico, North Carolina, South Carolina, and Texas in the United States. KB Home also derives income from mortgage banking, title and insurance services.
  • Sterling Financial Corp (NASDAQ:STSA): On 3/31/11 Anchorage Capital Advisors reported holding 2,272,727 shares with a market value of $38,068,177. This comprised 3.34% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 2,272,727 shares with a market value of $36,522,722. This comprised 4.46% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Sterling Financial Corporation is a holding company for Sterling Savings Bank. The Bank operates branches throughout Washington, Idaho, Oregon, and western Montana. The Company also, through INTERVEST Mortgage Investment Company, Action Mortgage Company, and Harbor Financial Services, provides loan production and investment services.
  • Liveperson Inc. (NASDAQ:LPSN): On 3/31/11 Anchorage Capital Advisors reported holding 2,404,214 shares with a market value of $30,389,266. This comprised 2.66% of the total portfolio. On 6/30/11, Anchorage Capital Advisors held 2,404,214 shares with a market value of $33,995,587. This comprised 4.15% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: LivePerson, Inc. provides technology that facilitates real-time sales and customer service for companies doing business on the Internet. The Company, an application service provider, offers its real-time interaction technology as an outsourced service. The LivePerson service enables its clients to communicate directly with Internet users via text-based chat.

(Note:  Data on the contents of the fund’s 13F filing are sourced from whalewisdom.com.  Positions in warrants, preferred shares, other convertible securities, puts, and calls are not considered.  All data are assumed to be accurate.)

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