5 Best African Stocks To Invest In

3. Kosmos Energy Ltd. (NYSE:KOS)

Number of Hedge Fund Investors In Q2 2023: 21

Kosmos Energy Ltd. (NYSE:KOS) is an American oil company that is one of the largest oil producers in Ghana. It also has operations in Equatorial Guinea, and the firm scored a big win earlier this year when the investment behemoth BlackRock bought its shares.

After digging through 910 hedge funds for their June quarter of 2023 investments, Insider Monkey discovered that 21 had invested in Kosmos Energy Ltd. (NYSE:KOS). Todd J. Kantor’s Encompass Capital Advisors is the company’s biggest stakeholder among these due to its $62.7 million investment.

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