Here’s Why You Might Want to Take a Closer Look at General Motors Company (GM), MCBC Holdings Inc (MCFT) & Two Other Stocks

MCBC Holdings Inc (NASDAQ:MCFT)’s stock inched up by 3.2% during the third quarter, while Springhouse doubled its stake to 1.21 million shares worth $13.84 million. It’s important to mention that during the second quarter, the fund also boosted its position by 102% to 605,758 shares valued at $6.69 million, being the second-largest shareholder among 12 funds from our database holding shares at the end of June, up by 33% over the quarter. The largest stake was held by Patrick Halloran’s Wayzata Investment Partners, which amassed $107.4 million worth of stock. Among other hedge funds and institutional investors with similar optimism were Doug Gordon, Jon Hilsabeck and Don Jabro’s Shellback Capital, Chuck Royce’s Royce & Associates, and Richard Driehaus’s Driehaus Capital.

After trimming the stake by 11% during the third quarter, Springhouse held 532,060 shares of Apollo Group Inc (NASDAQ:APOL) worth $4.23 million at the end of September. The fund entered the quarter with a stake containing 602,682 shares worth $5.50 million and saw the stock decline by 12.8% in the following three months. During the second quarter, the number of funds from our database long Apollo Group fell by 27% to 16. Among these funds, Driehaus Capital held the most valuable stake in Apollo Group Inc (NASDAQ:APOL), which was worth $59 millions at the end of the second quarter. On the second spot was First Pacific Advisors LLC which amassed $42.8 millions worth of shares. Moreover, Yacktman Asset Management, Alpine Associates, and D E Shaw were also bullish on Apollo Education Group Inc (NASDAQ:APOL).

Disclosure: none