Seminole Capital Management’s Energy Stock Picks Include Halliburton

Page 1 of 2

We track 13F filings from hedge funds and other notable investors for a couple of different purposes. One way that we use these filings is by using our database to formulate investment strategies; in our August newsletter, for example, we listed the most popular small cap stocks among hedge funds and this set of names went on to beat the market by 18% between September and January (read more about our hedge fund strategies). Some funds have already filed their 13Fs, including Michael Messner’s Seminole Capital Management. This allows us to use these filings in another way: as free “stock picks” that investors can evaluate and then buy themselves if they agree that the fund has found a good value. Read on for our quick take on five of Seminole’s largest holdings in the energy sector and compare its picks to previous filings.

Halliburton Company (NYSE:HAL)

The fund’s top energy pick was Total S.A. (NYSE:TOT) as Seminole slightly increased its stake to just over 2 million shares. Total is a $120 billion market cap oil major which stands out for its low earnings multiples (even among large energy companies, which are generally cheap at this time); for example, it is valued at only 7 times analyst consensus for 2013. The dividend yield is also high, at close to 5%, and while earnings were down the decline was moderate compared to some other majors. Arrowstreet Capital initiated a position of 2.3 million shares in Total during the third quarter of 2012 (find Arrowstreet’s favorite stocks).

Another oil major, Royal Dutch Shell plc (NYSE:RDS.A), was also one of Messner’s favorite energy stocks as Seminole reported a position of about 880,000 shares, roughly a 10% increase from three months earlier. Cliff Asness’s AQR Capital Management had cut its stake in Q3 but still closed September with about 550,000 shares in its portfolio (see more stocks AQR owned). Royal Dutch Shell trades at 8 times trailing earnings, also offers a high dividend yield, and reported very low (but still positive) growth on both top and bottom lines for last quarter versus a year earlier.

Read on for three more energy stock picks from Seminole, including Halliburton:

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!