Mittleman Brothers buys $7,162,815 stake in HC2 Holdings Inc (HCHC)

HC2 Holdings Inc (HCHC) : Mittleman Brothers scooped up 126,720 additional shares in HC2 Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 1,635,346 shares of HC2 Holdings Inc which is valued at $7,162,815.HC2 Holdings Inc makes up approximately 2.90% of Mittleman Brothers’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in HCHC in the latest quarter, The investment management firm added 18,714 additional shares and now holds a total of 789,720 shares of HC2 Holdings Inc which is valued at $3,458,974.Gabelli Funds reduced its stake in HCHC by selling 13,000 shares or 4.59% in the most recent quarter. The Hedge Fund company now holds 270,500 shares of HCHC which is valued at $1,173,970. HC2 Holdings Inc makes up approx 0.01% of Gabelli Funds’s portfolio.California State Teachers Retirement System boosted its stake in HCHC in the latest quarter, The investment management firm added 13,796 additional shares and now holds a total of 70,011 shares of HC2 Holdings Inc which is valued at $301,747.

HC2 Holdings Inc closed down -0.17 points or -3.56% at $4.6 with 4,13,650 shares getting traded on Friday. Post opening the session at $4.72, the shares hit an intraday low of $4.48 and an intraday high of $4.78 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

HC2 Holdings Inc. is a diversified holding company. The Company has a diverse array of operating subsidiaries across six reportable segments including Manufacturing Marine Services Utilities Telecommunications Life Sciences and Other. Its largest operating subsidiaries are Schuff International Inc. a structural steel fabricator and erector in the United States and Global Marine Systems Limited a provider of engineering and underwater services on submarine cables.

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