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9 Stocks Arnold Schneider Keeps Buying

- By Tiziano Frateschi

Arnold Schneider (Trades, Portfolio) is founder and chief investment officer of Schneider Capital Management. In both the second and third quarters, the guru invested in the following stocks:


Insys Therapeutics Inc. (INSY)

In the second quarter, the guru raised his stake by 100.05% and in the third quarter added another 51.62%. The guru holds 0.25% of the company"s outstanding shares. The biotechnology company has a market cap of $381.25 million and an enterprise value of $259.6 million.

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Murray Stahl (Trades, Portfolio) is another notable shareholder of the company among the gurus with 0.06% of outstanding shares.

Tuesday Morning Corp. (TUES)

In the second quarter, Schneider boosted his stake by 1,279.48% and increased it by 8.34% in the third quarter. The guru holds 2.56% of the company"s outstanding shares. It operates discount retail stores in the U.S. and has a market cap of $123.77 million and an enterprise value of $155.74 million.

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The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 4.82% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.04%.

Flagstar Bancorp Inc. (FBC)

The guru added 12.17% to his stake in the second quarter and in the third quarter increased it by 21.58%. Schneider holds 0.25% of outstanding shares of the savings and loan holding company. It has a market cap of $2.08 billion and an enterprise value of $7.71 billion.

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Simons is the largest shareholder of the company among the gurus with 0.89% of outstanding shares.

NOW Inc. (DNOW)

In the second quarter, the investor increased his position by 5.11% and in the third quarter raised it by 352.01%. The guru holds 0.77% of the company"s outstanding shares. It is a distributor of products for industrial applications. It has a market cap of $1.07 billion and an enterprise value of $1.13 billion.

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The largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 7.22% of outstanding shares followed by CI Can Am Small Cap (Trades, Portfolio) with 0.08%, Tweedy Browne (Trades, Portfolio) with 0.05%, Simons with 0.03% and Tweedy Browne (Trades, Portfolio) Global Value with 0.03%.

Enstar Group Ltd (ESGR)

The guru increased his stake by 34.10% in the second quarter and added another 13.48% in the third quarter. The guru holds 0.27% of the company"s outstanding shares. It has a market cap of $4.43 billion and an enterprise value of $4.22 billion. It operates in the Insurance industry.

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Chuck Akre (Trades, Portfolio) is the largest shareholder of the company among the gurus with 7.44% of outstanding shares followed by HOTCHKIS & WILEY with 2.74%, Diamond Hill Capital (Trades, Portfolio) with 1.37% and Arnold Van Den Berg (Trades, Portfolio) with 0.51%.

American Equity Investment Life Holding (AEL)

Schneider increased the stake by 33.15% in the second quarter and added another 14.58% in the third quarter. The guru holds 0.92% of the insurance company"s outstanding shares. It has a market cap of $2.65 billion and an enterprise value of $2.1 billion.

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The largest shareholder among the gurus is Richard Snow (Trades, Portfolio) with 2.55% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 2.07% and Diamond Hill Capital (Trades, Portfolio) with 0.17%.

QEP Resources Inc. (QEP)

The guru boosted his holding by 328.91% in the second quarter and by 686.12% in the third quarter. The guru holds 1.72% of the company"s outstanding shares. It produces and explores crude oil and natural gas. It has a market cap of $2.09 billion and an enterprise value of $3.33 billion.

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Simons is another notable shareholder of the company among the gurus with 0.98% of outstanding shares followed by John Burbank (Trades, Portfolio) with 0.21%, Steven Cohen (Trades, Portfolio) with 0.06% and Mario Gabelli (Trades, Portfolio) with 0.02%.

Whiting Petroleum Corp. (WLL)

In the second quarter, the investor raised his holding by 63.73% and in the third quarter added another 37.12%. The guru holds 0.08% of the company"s outstanding shares . The oil and gas company has a market cap of $1.98 billion and an enterprise value of $4.9 billion.

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HOTCHKIS & WILEY is the largest shareholder of the company among the gurus with 7.79% of outstanding shares followed by John Griffin (Trades, Portfolio) with 1.49%, Simons with 0.3% and Snow with 0.28%.

Disclosure: I do not own any shares of any stocks mentioned in this article.

This article first appeared on GuruFocus.