Federal Mogul Corp Surge Brings in the Bucks for Icahn

Federal-Mogul Corporation FDML

The midday gainers this Tuesday are Federal Mogul Corp. (NASDAQ:FDML), Biofuel Energy Corp. (NASDAQ:BIOF) and Westport Innovations Inc. (NASDAQ:WPRT). On the losing end are PBF Energy Inc. (NYSE:PBF), Novagold Resources Inc. (NYSE:NG) and Netflix Inc. (NASDAQ:NFLX).

Federal Mogul is today’s top gaining stock

Today’s leading midday gainer is Federal Mogul Corp. (NASDAQ:FDML). The components and systems supplier shot up +9.94%, reaching $21.24. In September, Carl Icahn reported holding 121.1 million shares, composing 8.25% of his portfolio.

Following Federal Mogul Corp. is Biofuel Energy Corp (NASDAQ:BIOF), an ethanol producer. Its share price increased +7,87% to $1.92. Daniel Loeb has a 1.05-million share position in BIOF (0.10% of his portfolio), and David Einhorn holds 1.4 million assets (0.09% of his fund).

The third and final company on our midday gainers list is fuel systems technology company Westport Innovations Inc. Guru George Soros owns 153,000 shares of WPRT.

Midday Losers

The biggest loser of the day has been PBF Energy Inc, as the company’s share price dipped -5.94% today. Seth Klarman owns 3.2 million shares of PBF, bought at an average price of $23.02 each.

Following Dryships Inc. is Netflix Inc., which dropped -5.74%. As of September, Carl Icahn holds 2.6 million shares, representing almost 7% of his portfolio and acquired at an average price of $74.39. Also with a hand in Netflix is George Soros, who has acquired just over 10,000 assets at an average per-share price of $144.23.

Last up is mineral exploration company Novagold Resources. The company’s share price dipped -4.18% today. According to his last 13F filing, billionaire Seth Klarman owns 21.6 million Novagold shares, representing 1.44% of his holdings. And with 35.8 million shares, NG comprises 0.53% of John Paulson’s portfolio.

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iBillionaire provides access to the investment data and strategies of the world's most successful self-made billionaires. Mobile app available for iOS and Android. Maker of the iBillionaire Index (IBLN). More at www.iBillionaire.me.

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