ALGEBRIS (UK) Ltd Buys Apollo Global Management LLC, Citigroup Inc, Two Harbors Investment Corp, Sells Wells Fargo, Blackstone Group LP, Lincoln National Corp

Investment company ALGEBRIS (UK) Ltd buys Apollo Global Management LLC, Citigroup Inc, Two Harbors Investment Corp, Bank of America Corporation, Citizens Financial Group Inc, AXA Equitable Holdings Inc, Regions Financial Corp, SPDR S&P Regional Banking, Lazard, The Carlyle Group LP, E*TRADE Financial Corp, PennyMac Mortgage Investment Trust, M&T Bank Corp, Synchrony Financial, Victory Capital Holdings Inc, Sterling Bancorp, First Horizon National Corp, Morgan Stanley, KeyCorp, Invesco, PacWest Bancorp, Legg Mason Inc-LeggMason RETAIL, Evercore Inc, State Street Corporation, Texas Capital Bancshares Inc, SVB Financial Group, sells Wells Fargo, Blackstone Group LP, Lincoln National Corp, Ameriprise Financial Inc, Principal Financial Group Inc, Voya Financial Inc, Investors Bancorp Inc, Prudential Financial Inc, ICICI Bank, MGIC Investment Corp, Brighthouse Financial Inc, Discover Financial Services, Fifth Third Bancorp, MetLife Inc, Capital One Financial Corp, Och-Ziff Capital Management Group LLC, First BanCorp, Ares Management Corp, Signature Bank, IBERIABANK Corp, YPF SA during the 3-months ended 2018Q4, according to the most recent filings of the investment company, ALGEBRIS (UK) Ltd. As of 2018Q4, ALGEBRIS (UK) Ltd owns 48 stocks with a total value of $554 million. These are the details of the buys and sells.

For the details of ALGEBRIS (UK) Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/algebris+%28uk%29+ltd/current-portfolio/portfolio

These are the top 5 holdings of ALGEBRIS (UK) Ltd
  1. Prudential Financial Inc (PRU) - 561,681 shares, 8.26% of the total portfolio. Shares reduced by 23.06%
  2. Tesla Inc (TSLA) - 110,000 shares, 6.61% of the total portfolio.
  3. Citigroup Inc (C) - 689,019 shares, 6.47% of the total portfolio. Shares added by 86.17%
  4. Wells Fargo & Co (WFC) - 745,234 shares, 6.20% of the total portfolio. Shares added by 1.89%
  5. Blackstone Group LP (BX) - 1,133,951 shares, 6.10% of the total portfolio. Shares reduced by 48.92%
New Purchase: Apollo Global Management LLC (APO)

ALGEBRIS (UK) Ltd initiated holding in Apollo Global Management LLC. The purchase prices were between $22.88 and $36.21, with an estimated average price of $28.47. The stock is now traded at around $30.24. The impact to a portfolio due to this purchase was 3.76%. The holding were 848,451 shares as of .

New Purchase: Bank of America Corporation (BAC)

ALGEBRIS (UK) Ltd initiated holding in Bank of America Corporation. The purchase prices were between $22.73 and $30.43, with an estimated average price of $27.02. The stock is now traded at around $29.11. The impact to a portfolio due to this purchase was 1.8%. The holding were 403,900 shares as of .

New Purchase: Two Harbors Investment Corp (TWO)

ALGEBRIS (UK) Ltd initiated holding in Two Harbors Investment Corp. The purchase prices were between $12.7 and $14.92, with an estimated average price of $14.21. The stock is now traded at around $13.89. The impact to a portfolio due to this purchase was 1.8%. The holding were 381,643 shares as of .

New Purchase: Citizens Financial Group Inc (CFG)

ALGEBRIS (UK) Ltd initiated holding in Citizens Financial Group Inc. The purchase prices were between $27.94 and $39.23, with an estimated average price of $34.9. The stock is now traded at around $36.70. The impact to a portfolio due to this purchase was 1.55%. The holding were 289,104 shares as of .

New Purchase: AXA Equitable Holdings Inc (EQH)

ALGEBRIS (UK) Ltd initiated holding in AXA Equitable Holdings Inc. The purchase prices were between $14.91 and $21.9, with an estimated average price of $19.4. The stock is now traded at around $19.34. The impact to a portfolio due to this purchase was 1.51%. The holding were 502,810 shares as of .

New Purchase: Regions Financial Corp (RF)

ALGEBRIS (UK) Ltd initiated holding in Regions Financial Corp. The purchase prices were between $12.57 and $18.69, with an estimated average price of $15.97. The stock is now traded at around $16.00. The impact to a portfolio due to this purchase was 1.5%. The holding were 622,998 shares as of .

Added: Citigroup Inc (C)

ALGEBRIS (UK) Ltd added to a holding in Citigroup Inc by 86.17%. The purchase prices were between $49.26 and $72.62, with an estimated average price of $62.95. The stock is now traded at around $64.27. The impact to a portfolio due to this purchase was 2.99%. The holding were 689,019 shares as of .

Added: The Carlyle Group LP (CG)

ALGEBRIS (UK) Ltd added to a holding in The Carlyle Group LP by 33.62%. The purchase prices were between $15.32 and $23, with an estimated average price of $18.83. The stock is now traded at around $18.46. The impact to a portfolio due to this purchase was 1.08%. The holding were 1,515,280 shares as of .

Added: First Horizon National Corp (FHN)

ALGEBRIS (UK) Ltd added to a holding in First Horizon National Corp by 168.11%. The purchase prices were between $12.4 and $17.51, with an estimated average price of $15.5. The stock is now traded at around $15.58. The impact to a portfolio due to this purchase was 0.68%. The holding were 454,738 shares as of .

Added: KeyCorp (KEY)

ALGEBRIS (UK) Ltd added to a holding in KeyCorp by 39.78%. The purchase prices were between $13.82 and $20.52, with an estimated average price of $17.51. The stock is now traded at around $17.51. The impact to a portfolio due to this purchase was 0.5%. The holding were 653,000 shares as of .

Added: Invesco Ltd (IVZ)

ALGEBRIS (UK) Ltd added to a holding in Invesco Ltd by 20.52%. The purchase prices were between $15.71 and $23.24, with an estimated average price of $19.89. The stock is now traded at around $18.86. The impact to a portfolio due to this purchase was 0.48%. The holding were 937,123 shares as of .

Added: PacWest Bancorp (PACW)

ALGEBRIS (UK) Ltd added to a holding in PacWest Bancorp by 53.22%. The purchase prices were between $31.49 and $48.83, with an estimated average price of $39.58. The stock is now traded at around $41.13. The impact to a portfolio due to this purchase was 0.47%. The holding were 223,257 shares as of .

Sold Out: Wells Fargo & Co (WFCPL.PFD)

ALGEBRIS (UK) Ltd sold out a holding in Wells Fargo & Co. The sale prices were between $1247.01 and $1292.24, with an estimated average price of $1266.93.

Sold Out: Principal Financial Group Inc (PFG)

ALGEBRIS (UK) Ltd sold out a holding in Principal Financial Group Inc. The sale prices were between $41.08 and $60.65, with an estimated average price of $48.89.

Sold Out: Investors Bancorp Inc (ISBC)

ALGEBRIS (UK) Ltd sold out a holding in Investors Bancorp Inc. The sale prices were between $9.99 and $12.51, with an estimated average price of $11.52.

Sold Out: ICICI Bank Ltd (IBN)

ALGEBRIS (UK) Ltd sold out a holding in ICICI Bank Ltd. The sale prices were between $8.19 and $10.34, with an estimated average price of $9.48.

Sold Out: MGIC Investment Corp (MTG)

ALGEBRIS (UK) Ltd sold out a holding in MGIC Investment Corp. The sale prices were between $9.41 and $13.17, with an estimated average price of $11.64.

Sold Out: Brighthouse Financial Inc (BHF)

ALGEBRIS (UK) Ltd sold out a holding in Brighthouse Financial Inc. The sale prices were between $29.07 and $46.34, with an estimated average price of $38.78.



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