5 Energy Stocks to Buy According to Billionaire David Harding

3. Exxon Mobil Corporation (NYSE:XOM)

Winton Capital’s Stake Value: $6.5 million

Percentage of Winton Capital’s 13F Portfolio: 0.34%

Number of Hedge Fund Holders: 72

Exxon Mobil Corporation (NYSE:XOM) is one of the world’s largest oil and gas companies, and it operates more than 20,000 wells all over the globe. Exxon Mobil Corporation (NYSE:XOM) is headquartered in Irving, Texas, the United States.

Winton Capital’s Q2 2022 investment portfolio revealed that the firm had held 76,613 Exxon Mobil Corporation (NYSE:XOM) shares. These were worth $6.5 million and they represented 0.34% of its investment portfolio. For the same time period, 72 out of the 895 hedge funds had also bought Exxon Mobil Corporation (NYSE:XOM)’s shares.

Exxon Mobil Corporation (NYSE:XOM) has heavily invested in its future. These investments can insulate the firm from fears of a downturn in oil prices. It aims to grow its production capacity from its Guyana site to 1 billion barrels per day by 2026, and its Payara facility is expected to come online next year.

Exxon Mobil Corporation (NYSE:XOM)’s largest investor in our database is Rajiv Jain’s GQG Partners which owns 47 million shares that are worth $4 billion.