CBRE Group Inc (CBG), MRC Global Inc (MRC): Elite Select Equity Group’s ‘Fab Four’

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More specifically, the company has begun working with Bakken-located E&Ps to transport oil to Gulf refineries via the Mississippi river. According to Fox Business, it is the first large barge operator to undertake such an operation—hence Select Equity’s bullishness.

Final Thoughts

It is important to follow the activity of large hedge funds like Select Equity. In its most recent 13F, the hedge fund disclosed an equity portfolio value of $7.5 billion, up from $6.4 billion in the previous filing.

Kirby is an energy-centric hidden gem involved in the much-discussed Bakken region, while Harley Davidson’s earnings power is an underrated driver of its stock price. MRC Global just underwent a somewhat under-discussed liquidity boost with former major stakeholder PVF Holdings, and CBRE Group Inc (NYSE:CBG) Group is Select Equity’s favorite way to play the housing rebound.

Disclosure: none

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