Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

11 Energy Companies Hedge Funds Are Buying Like Crazy

Insider Monkey follows hedge fund managers because they’re the smartest investors around. They leave less to chance than most investors. They go great lengths to get an “edge” over ordinary investors. Hedge fund managers also have the resources to do extensive research on public companies and they have access to experts who can guide them. We believe we are more likely to beat the market by imitating insiders and hedge funds than trading against them.  Based on the transactions of nearly 700 hedge funds compiled by Goldman Sachs, we present the list of top 11 energy stocks that hedge funds are buying like crazy:

Williams Companies, Inc. (NYSE:WMB)

1. Williams Co (WMB): Twenty hedge funds had WMB among their top 10 holdings. Hedge funds collectively own 15% of the outstanding shares. The stock returned 25.9% so far this year. Michael Lowenstein’s Kensico, Jeffrey Tannenbaum’s Fir Tree, and Michael Karsch’s Karsch Capital are among the hedge funds with huge WMB positions.

2. BP Plc (BP): Sixteen hedge funds had BP among their top 10 holdings. Hedge funds collectively own 1% of the outstanding shares. The stock gained 5% so far this year. Kenneth Mario Garschina’s Mason Capital, David Einhorn’s Greenlight, and Christian Leone’s Luxor Capital had the largest holdings in BP at the end of March.

3. Marathon Oil (MRO): Sixteen hedge funds had MRO among their top 10 holdings. Hedge funds collectively own 5% of MRO’s outstanding shares. The stock gained 45.6% so far this year. Jeffrey Altman’s Owl Creek, Eric Mindich’s Eton Park and Reid Walker’s WS Capital had large positions in MRO at the end of March.

4. Exxon Mobil (XOM): Sixteen hedge funds had XOM among their top 10 holdings. Hedge funds collectively own 1% of XOM’s outstanding shares. The stock gained 14.2% so far this year. Phill Gross’ Adage and Ken Fisher were among the fund managers who are bullish about XOM.

5. Anadarko Petroleum (APC): Fifteen hedge funds had APC among their top 10 holdings. Hedge funds collectively own 9% of APC’s outstanding shares. The stock returned 3.4% so far this year. John Paulson’s Paulson & Co and Steve Heinz’s Lansdowne Partners had large positions in APC at the end of March.

6. ConocoPhillips (COP): Fourteen hedge funds had COP among their top 10 holdings. Hedge funds collectively own 1% of COP’s outstanding shares. The stock gained 8.6% so far this year. Warren Buffett’s Berkshire, First Eagle and D.E. Shaw had large holdings in COP at the end of March.

7. Chevron (CVX): Fourteen hedge funds had CVX among their top 10 holdings. Hedge funds collectively own 1% of CVX’s outstanding shares. The stock gained 14.8% so far this year. Phill Gross and Cliff Asness had large holdings in CVX at the end of March.

8. Halliburton (HAL): Fourteen hedge funds had HAL among their top 10 holdings. Hedge funds collectively own 4% of HAL’s outstanding shares. The stock gained 23.3% so far this year. Richard Schimel’s Diamondback and Ken Griffin’s Citadel had large holdings in HAL at the end of March.

9. Schlumberger (SLB): Thirteen hedge funds had SLB among their top 10 holdings. Hedge funds collectively own 1% of HAL’s outstanding shares. The stock gained 20.4% so far this year. Jason Capello’s Merchants’ Gate Capital and David Stemerman’s Conatus are among the hedge funds with large SLB positions.

10. Chesapeake (CHK): Twelve hedge funds had CHK among their top 10 holdings. Hedge funds collectively own 5% of CHK’s outstanding shares. The stock gained 20.3% so far this year. Mason Hawkins’ Southeastern Asset Management and Robert Pohly’s Samlyn Capital had large CHK holdings at the end of March.

11. Ensco Plc (ESV): Twelve hedge funds had ESV among their top 10 holdings. Hedge funds collectively own 19% of ESV’s outstanding shares. The stock gained 1.8% so far this year. Robert Rodriguez’s First Pacific Advisors had the largest position in ESV among the 300+ funds we track.

These 11 stocks had an average return of 15% so far in 2011. Investors who want to hedge their risks against rising energy prices should consider investing in these 11 hedge fund favorites.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!