Billionaire Paul Singer’s Top 5 Stock Picks

4. Marathon Petroleum Corporation (NYSE:MPC)

Paul Singer’s Stake Value: $638.6 million

Percentage of  Paul Singer’s 13F Portfolio: 4.9%

Number of Hedge Fund Holders: 48

Marathon Petroleum Corporation (NYSE:MPC) is a young company headquartered in Findlay, Ohio. It is responsible for mining and selling petroleum products and the company of is also one of the largest petroleum companies in the United States.

By the end of the second quarter of this year, Paul Singer’s investment firm held 10.5 million shares of Marathon Petroleum Corporation (NYSE:MPC) that amount to a dollar value of $638.6 million and represented 4.9% of the firm’s holdings. During the same time period, 48 out of the 873 hedge funds polled by Insider Monkey held a stake in the oil company.