AerCap Holdings N.V. (AER), American International Group Inc (AIG), More: 4 Stocks That Look Promising

Part of its stake in American International Group Inc (NYSE:AIG) was unloaded by Perry Capital in the second quarter, as it sold off 29% of its shares. At the end of June, the beleaguered hedge fund had 3.7 million shares of the company, having a total value of $195.69 million. The stock returned 12.8% during the third quarter. At the end of the second quarter, a total of 85 of the hedge funds tracked by Insider Monkey were long this stock, a 10% drop from the previous quarter. Among these funds, Icahn Capital LP held the most valuable stake in American International Group Inc (NYSE:AIG), which was worth $2.41 billion at the end of the second quarter. On the second spot was First Pacific Advisors LLC which amassed $658.1 million worth of shares. Moreover, Paulson & Co, Kensico Capital, and First Eagle Investment Management were also bullish on American International Group Inc (NYSE:AIG).

Lastly, Perry Capital also sold some of is Ball Corporation (NYSE:BLL) position in the second quarter, trimming its stake in the company by 9%. However, the stock returned 13.5% in the third quarter, ranking as another winner during the period for the fund. Perry Capital had 2.69 million shares of the company on June 30 valued at about $194.46 million. Perry Capital was one of 42 hedge funds that we track which were long the stock at the end of June, up from 40 at the end of the previous quarter. When looking at the institutional investors followed by Insider Monkey, Doug Silverman and Alexander Klabin’s Senator Investment Group has the largest position in Ball Corporation (NYSE:BLL), worth close to $387 million, accounting for 6.2% of its total 13F portfolio. Coming in second is Corvex Capital, managed by Keith Meister, which holds a $250 million position; 3.4% of its 13F portfolio is allocated to the company.

Disclosure: None