Billionaire Brian Higgins Sees Major Upside in Ally Financial Stock

April 29, 2026 - 00:23

Billionaire investor Brian Higgins has placed a significant bet on Ally Financial Inc. (NYSE:ALLY), ranking the company among his top stock picks with substantial upside potential. According to recent filings, Ally Financial holds the 8th position on Higgins' list of ten high-conviction investments.

Higgins, the founder of King Street Capital, has maintained Ally Financial as a long-term holding within his firm's 13F portfolio. King Street Capital first disclosed its stake in the company during the fourth quarter of 2016, demonstrating a sustained commitment to the financial services provider over several years.

Ally Financial, originally established as the financial arm of General Motors, has evolved into a leading digital financial services company. The firm offers a range of products including auto financing, insurance, mortgage lending, and online banking services. Its diversified business model and strong market position in the automotive lending sector have attracted attention from institutional investors like Higgins.

The billionaire's continued confidence in Ally Financial suggests he believes the stock is undervalued relative to its potential. Analysts point to the company's robust balance sheet, improving interest income, and growing deposit base as key factors that could drive future appreciation. Additionally, Ally's expansion into consumer banking and wealth management services has opened new revenue streams.

As of the latest reporting period, King Street Capital's position in Ally Financial reflects a strategic allocation to a company that combines traditional lending operations with modern digital banking capabilities. Investors watching Higgins' moves may find Ally Financial a compelling addition to their own portfolios, given the billionaire's track record of identifying value opportunities in the financial sector.