MSDC Management, L.P. Buys Comerica Inc, Wells Fargo, Citizens Financial Group Inc, Sells Berry Global Group Inc

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Jun 17, 2020
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New York, NY, based Investment company MSDC Management, L.P. (Current Portfolio) buys Comerica Inc, Wells Fargo, Citizens Financial Group Inc, CIT Group Inc, Grid Dynamics Holdings Inc, sells Berry Global Group Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, MSDC Management, L.P.. As of 2020Q1, MSDC Management, L.P. owns 25 stocks with a total value of $369 million. These are the details of the buys and sells.

For the details of MSDC Management, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/msdc+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of MSDC Management, L.P.
  1. BrightView Holdings Inc (BV) - 13,630,362 shares, 40.87% of the total portfolio.
  2. ZIOPHARM Oncology Inc (ZIOP) - 15,151,516 shares, 10.06% of the total portfolio.
  3. National General Holdings Corp (NGHC) - 2,162,500 shares, 9.70% of the total portfolio.
  4. Comerica Inc (CMA) - 610,000 shares, 4.85% of the total portfolio. New Position
  5. Wells Fargo & Co (WFC) - 586,500 shares, 4.56% of the total portfolio. New Position
New Purchase: Comerica Inc (CMA)

MSDC Management, L.P. initiated holding in Comerica Inc. The purchase prices were between $27.34 and $71.75, with an estimated average price of $54.92. The stock is now traded at around $39.95. The impact to a portfolio due to this purchase was 4.85%. The holding were 610,000 shares as of .

New Purchase: Wells Fargo & Co (WFC)

MSDC Management, L.P. initiated holding in Wells Fargo & Co. The purchase prices were between $25.25 and $53.8, with an estimated average price of $42.87. The stock is now traded at around $27.45. The impact to a portfolio due to this purchase was 4.56%. The holding were 586,500 shares as of .

New Purchase: Citizens Financial Group Inc (CFG)

MSDC Management, L.P. initiated holding in Citizens Financial Group Inc. The purchase prices were between $15.32 and $40.87, with an estimated average price of $32.97. The stock is now traded at around $26.37. The impact to a portfolio due to this purchase was 3.6%. The holding were 705,000 shares as of .

New Purchase: CIT Group Inc (CIT)

MSDC Management, L.P. initiated holding in CIT Group Inc. The purchase prices were between $13.43 and $48.58, with an estimated average price of $38.15. The stock is now traded at around $23.73. The impact to a portfolio due to this purchase was 3.14%. The holding were 671,000 shares as of .

New Purchase: Grid Dynamics Holdings Inc (GDYN)

MSDC Management, L.P. initiated holding in Grid Dynamics Holdings Inc. The purchase prices were between $5.5 and $11.71, with an estimated average price of $7.68. The stock is now traded at around $8.46. The impact to a portfolio due to this purchase was 2.13%. The holding were 980,000 shares as of .

New Purchase: Vornado Realty Trust (VNO)

MSDC Management, L.P. initiated holding in Vornado Realty Trust. The purchase prices were between $29.66 and $68.61, with an estimated average price of $57.39. The stock is now traded at around $39.96. The impact to a portfolio due to this purchase was 1.96%. The holding were 200,000 shares as of .

Added: Mesa Air Group Inc (MESA)

MSDC Management, L.P. added to a holding in Mesa Air Group Inc by 81.62%. The purchase prices were between $2.7 and $9.37, with an estimated average price of $6.9. The stock is now traded at around $3.75. The impact to a portfolio due to this purchase was 0.94%. The holding were 2,354,063 shares as of .

Reduced: Berry Global Group Inc (BERY)

MSDC Management, L.P. reduced to a holding in Berry Global Group Inc by 52.9%. The sale prices were between $26.99 and $48.75, with an estimated average price of $40.21. The stock is now traded at around $43.74. The impact to a portfolio due to this sale was -0.79%. MSDC Management, L.P. still held 65,000 shares as of .



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