David Greenspan’s Slate Path Capital is Buying These 5 Stocks

3. Chesapeake Energy Corporation (NASDAQ:CHK)

Slate Path Capital’s Stake Value: $103.9 million

Percentage of Slate Path Capital’s 13F Portfolio: 5.8%

Number of Hedge Fund Holders: 43

Chesapeake Energy Corporation (NASDAQ:CHK) specializes in the production side of the oil and gas industry.

During the second quarter, 43 hedge funds out of the 873 funds tracked by Insider Monkey held stakes in the energy company worth $1.9 billion while there were 42 hedge funds with $1.8 billion worth of stakes in the previous quarter. With a stake of $620 million, Howard Marks’s Oaktree Capital Management has the highest stake in the company.