Heavy investment in Ally left General Motors (NYSE:GM) behind

Financiers who invested heavily in General Motors (NYSE:GM) in the first quarter, ran to grab Ally Financial (NYSE:ALLY) shares in the second quarter ignoring General Motors (NYSE:GM) to quite an extent. Ally Financial is said to be retrieved from a huge corrosion by the government of U.S. which has brought the company suddenly into limelight. According to a tracking system of regulatory record, Hedge-funds including other strong parties also took +1.71% shares in Allergan Inc (NYSE:AGN), -0.016% stakes in The Williams Companies (NYSE:WMB), +1.78% stakes in DirecTV (NASDAQ:DTV) whereas stamping out -0.55% shares in eBay (NASDAQ:EBAY), -0.34% shares in Vodafone (NASDAQ:VOD) and -0.73% shares in Dollar General Corp. (NYSE:DG).

In the Security and Exchange Commission, 13F listings will be filed by Asset managers, having about $100 million investments, comprising of securities holding within 45 days after the closure of first quarter. By the end of second quarter filing, sales and purchasing by 600 heavy investors were noted to be crashed. Along with Ally (NYSE:ALLY), Loeb also got hold of Third Point hedge fund in the second quarter. Ally Loeb was seen as the second largest holding on 30^th June. It was up 13.4% according to the record, giving it $1.09 billion by the end of the quarter.

John Paulson, one of another Ally investor, comparatively on a minor scale, acquired more than 2 million shares, valuing $48 million on June 30. At the end of the quarter, Stephen Feinberg, the person in charge of Cerberus Capital Management, seized a huge share in the firm and held over 41.5 million shares worth almost $993 million.

Ally Financial (NYSE:ALLY), after being rescued by the U.S. government made its first appearance on 10^th April in a public offering. The Treasury Department sold shares at $25 that managed to raise just about $2.4 billion. Ally (NYSE:ALLY) went down its initiating offerings and changed the course with $24.13, giving it 0.4% regular turn down.

A full representation of investees is not shown in 13F filings anymore. But the characteristic approaches of heavy investors are still offered by 13F filings. A great deal of investment was done in Allergan (NYSE:AGN) by big financiers in the second quarter. Allergan (NYSE:AGN) finally achieved its goal and left behind its opponent Valeant Pharmaceuticals (NYSE:VRX) by the huge investment made by Bill Ackman. Bill Ackman’s Pershing Square hedge fund held 28.3 million shares, worth $4.9 billion. Moreover, Paulson’s 5.6 million shares helped to mount Allergan (NYSE:AGN) shares up to 41.3%. However, a drop of 7.3% was observed in June 30.

Furthermore, George Soros, a hedge fund legend, invested in SPDR S&P 500 (SPY), putting financial analysts in great confusion. In the meantime, 5.7% filers withdrew from eBay (NASDAQ:EBAY), giving a total loss of 14.7 million shares to the big investors. Carl Icahn, a big investor who called off eBay (NASDAQ:EBAY) in the first quarter, seized 3 million shares in eBay (NASDAQ:EBAY) in the second quarter. The beginning of the third quarter however saw the shares of eBay (NASDAQ:EBAY) springing back to 5.3%.