Marc Lasry Buys Hovnanian Enterprises, RBS And LyondellBasell

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Mani
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Marc Lasry revealed in his 13F filing for the quarter that ended 30th September 2013 that he added 3 new stocks to his portfolio, bought more shares of 6 stocks and reduced holdings in 10 stocks. The top ten holdings of Marc Lasry represent a substantial 82.71% of the portfolio. Marc Lasry has a market value of $785.48 million. Marc Lasry’s major new positions The American billionaire hedge fund manager and co-founder and chief executive officer of hedge fund Avenue Capital Group acquired 3,269,942 shares of Hovnanian Enterprises, Inc. (NYSE:HOV), which is involved in designing, constructing, marketing and selling single-family detached homes. Hovnanian Enterprises…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports