Heebner and his team initiated a position of over 840,000 shares in Goldman Sachs Group, Inc. (NYSE:GS) between January and March. The investment bank is valued at a small premium to the book value of its equity, with a P/B ratio of 1.1. Goldman Sachs Group, Inc. (NYSE:GS) has done well at converting its assets into net income, however, and as a result it is in value territory with P/E multiples in the 11-12 range. Growth has been slow but the company does not need to improve by much in order to look like a buy. Cliff Asness's AQR Capital Management was also buying Goldman Sachs Group, Inc. (NYSE:GS) last quarter (find Asness's favorite stocks). Rock-Tenn Company (NYSE:RKT) was another of Capital Growth's cheap picks with the filing disclosing ownership of 1.3 million shares. The $7.3 billion market cap manufacturer of packaging products experienced a large percentage increase in net income in its most recent quarter compared to the same period in the previous fiscal year.