Visium Asset’s Favorite Financial Stocks in Third Quarter

Wall St. Watchdog reveals information regarding Visium Asset Management’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 66 stocks in the Financial sector at the end of the quarter with an aggregate market value of $29.826 million.

  • Citigroup Inc. (NYSE:C): On 06/30/2011, Visium Asset Management reported holding 55,000 shares with a market value of $2,290,200. This comprised 0.11% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 88,000 shares with a market value of $2,254,560. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 33,000. 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.
  • Loopnet Inc. (NASDAQ:LOOP): On 06/30/2011, Visium Asset Management reported holding 76,039 shares with a market value of $1,397,597. This comprised 0.07% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 102,840 shares with a market value of $1,761,649. This comprised 0.12% of the total portfolio. The net change in shares for this position over the two quarters is 26,801. About Company: LoopNet, Inc. operates a real estate marketing Internet website. The Company offers advertisements for commercial properties in the United States.
  • Oritani Financial Corp. (NASDAQ:ORIT): On 06/30/2011, Visium Asset Management reported holding 150,931 shares with a market value of $1,930,407. This comprised 0.09% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 130,521 shares with a market value of $1,678,500. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -20,410. About Company: Oritani Financial Corporation is the bank holding company. The Bank attracts deposits, originates various loans, and invests in securities.
  • Fpic Insurance Group Inc. (NASDAQ:FPIC): On 06/30/2011, Visium Asset Management reported holding 40,000 shares with a market value of $1,667,200. This comprised 0.08% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 40,000 shares with a market value of $1,673,600. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: FPIC Insurance Group, Inc, through its subsidiary companies, provides professional liability insurance for physicians, dentists, hospitals, and other healthcare entities. The Company also provides third-party administration services to entities outside the healthcare marketplace.
  • Heckmann Corporation (NYSE:HEK): On 06/30/2011, Visium Asset Management reported holding 320,332 shares with a market value of $1,934,805. This comprised 0.09% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 277,795 shares with a market value of $1,469,536. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is -42,537. About Company: Heckmann Corporation is an investment holding company, operating in the water industry. The Company, through its subsidiaries, provide water treatment and disposal services, operate bottling facilities, and transport water through pipelines.
  • Northwest Bancshares Inc. (NASDAQ:NWBI): On 06/30/2011, Visium Asset Management reported holding 142,146 shares with a market value of $1,788,197. This comprised 0.09% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 122,875 shares with a market value of $1,463,441. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is -19,271. About Company: Northwest Bancshares, Inc. is a bank holding company. The Company’s banking subsidiary provides a wide range of banking products and services, including deposit and savings accounts, loans, cash managment services, and mobile banking.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Visium Asset Management reported holding 0 shares. On 09/30/2011, Visium Asset Management reported holding 50,000 shares with a market value of $1,400,500. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 50,000. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Mi Dev Inc Cl A (NYSE:MIM): On 06/30/2011, Visium Asset Management reported holding 10,225 shares with a market value of $311,147. This comprised 0.02% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 47,350 shares with a market value of $1,257,142. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 37,125. About Company: MI Developments, Inc. owns real estate used by an automobile-parts manufacturer. The Company’s properties are largely industrial and manufacturing facilities, with some commercial facilities consisting of offices and research and development properties. MI Developments also owns a majority investment in a horseracing business.
  • Investors Bancorp Inc. (NASDAQ:ISBC): On 06/30/2011, Visium Asset Management reported holding 97,377 shares with a market value of $1,382,753. This comprised 0.07% of the total portfolio. On 09/30/2011, Visium Asset Management reported holding 84,348 shares with a market value of $1,065,315. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is -13,029. About Company: Investors Bancorp, Inc. is the holding company for Investors Savings Bank. The Bank attracts deposits from the general public and originates a variety of loans and also invests in securities. Investors Savings Bank operates through a network of offices throughout New Jersey.
  • Penn Millers Holding Corporation (NASDAQ:PMIC): On 06/30/2011, Visium Asset Management reported holding 0 shares. On 09/30/2011, Visium Asset Management reported holding 50,000 shares with a market value of $1,004,500. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 50,000. About Company: Penn Millers Holding Corporation is a regional property and casualty insurance company.

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

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