Hedge Funds Score Big On Cameron International Corporation (CAM), Schlumberger Limited (NYSE:SLB) Merger

Ken Griffin of Citadel Investment Group was the largest shareholder of Cameron International Corporation (NYSE:CAM) in our database at the end of the second quarter, holding 3.93 million shares valued at $205.84 million in his equity portfolio, suggesting a profit of over $100 million upon completion of the deal. Steven Richman’s East Side Capital was another investment firm having a significant equity position in the company, including 3.37 million shares with a market value of $176.37 million. The fund had exposure of 6.52% to Cameron International within its public equity portfolio. Millennium Management, AQR Capital Management, and D E Shaw were among the other firms we track with stakes in the company.

Fisher Asset Management, led by Ken Fisher, was at the top of hedge funds holding stakes in Schlumberger Limited (NYSE:SLB). The investment firm reported ownership of 4.24 million shares worth $365.42 million as of the end of the second quarter. David E. Shaw’s D E Shaw came in at number two, possessing 4.17 million shares valued at $359.81 million. Citadel Investment Group, Adage Capital Management, and Point72 Asset Management also held long positions in Schlumberger Limited (NYSE:SLB) as of June 30.

Disclosure: None