Orange Capital LLC is an employee-owned hedge fund sponsor that provides its services to pooled investment vehicles. The firm invests in a number of areas including notes, index options, stock options, among others. The company employs fundamental analysis to create profitable portfolios for its clients. The firm submitted its third quarter SEC 13F filings for the period ended September 30, 2014, showing that its top three holdings are Bellatrix Exploration Ltd (TSE:BXE), H & R Block Inc (NYSE:HRB), and NorthStar Asset Management Group Inc (NYSE:NSAM).
Bellatrix Exploration Ltd (TSE:BXE) was the largest investment of Orange Capital LLC, with investment worth $109.9 million. Bellatrix Exploration Ltd (TSE:BXE) is an oil and gas company based in Canada. The company explores, acquires, and develops oil and gas products. The top two holdings with the highest shares in the company are Orange Capital, Llc, and Fiera Capital Corporation.
H & R Block Inc (NYSE:HRB) came out the second largest investment of the firm, accounting for an investment worth $100.7 million. H & R Block Inc (NYSE:HRB) is a U.S. tax preparation company that has prepared more than 650 million returns for clients since 1955. The company has a total of $3 billion in revenues, having prepared 24.2 million in tax returns globally. H & R Block Inc (NYSE:HRB) has been given a “buy” rating by up to nine firms. The company’s top shareholders are Fidelity Management and Research Company, Vanguard Group, Inc., and State Street Corp.
NorthStar Asset Management Group Inc (NYSE:NSAM) emerged the third biggest investment of Orange Capital LLC with investment valued at $98.4 million. NorthStar Asset Management Group Inc (NYSE:NSAM) is a global asset management firm that’s focused on strategically managing real estate investments for clients. The company earned a total of $38 million in fees for the third quarter 2014. It also earned a total of $0.10 per share in diluted share. The top three shareholders of NorthStar Asset Management Group Inc (NYSE:NSAM) are Steadfast Capital Management LLC, Vanguard Group, Inc., and MSDC Management, L.P.
This article has been written by Victor Ochieng.