SteelMill Master Fund: Cheniere Energy, Inc. (NYSEMKT:LNG)
has recently been added to the equity portfolio of the SteelMill Master Fund, which disclosed a passive stake that represents 5.8% of the company. In a filing
with the Securities and Exchange Commission, SteelMill reported owning 13.9 million shares, which at the current price of company's stock have a total value of $461.9 million.
Last week, Cheniere Energy reported that its wholly-owned subsidiary was filing a registration form with the SEC, regarding a proposed IPO. In this way, in case the IPO is approved, Cheniere Energy Partners LP Holdings will own a limited partner units of Cheniere Energy Partners, the company said in a statement.
Cheniere Energy can be found in the equity portfolios of several hedge funds in our database last quarter. Alan Fournier's Pennant Capital Management
, James Crichton and Adam Weiss's Scout Capital Management
, and Michael Lowenstein's Kensico Capital
are all long in addition to SteelMill.
Hedge Fund News: Carl Icahn, Bill Ackman & Man Group’s Sell Ratings
Tom Sandell’s Epic Thesis Calling For a Bob Evans Sale or Spinoff
Why Bill Ackman Could Boost This Stock By 35%