Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Cliff Asness, AQR Capital Like Exxon Too, Also Bullish on Chevron

Cliff Asness and AQR Capital Management are bullish on oil stocks. In the most recent filing with the SEC, Asness revealed Exxon Mobil Corporation (NYSE:XOM) as being his top dog, with 3.7 million shares reportedly worth $338 million. AQR is also betting big on Pfizer Inc. (NYSE:PFE) with an investment worth approximately $330 million. Another oil stock among Asness’ top holdings is Chevron Corporation (NYSE:CVX), with 2.2 million shares valued at $260 million.

AQR CAPITAL MANAGEMENT

AQR has not ignored the consumer goods sector, having slightly increased their stake in The Procter & Gamble Company (NYSE:PG), currently worth $231 million. Asness still has faith in JPMorgan Chase & Co. (NYSE:JPM) having made not changes to his investment in the financial giant. AQR is currently holding 4.3 million shares valued at $229 million.

Disclosure: none

Recommended Reading:

Jeff Smith, Starboard Trim Stake in Emulex

Pentwater Capital Management Adds Stewart Enterprises to Equity Portfolio

Tiger Global is Backing Media Giants & Priceline.com

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...