Is Williams Companies, Inc. (WMB) A Good Stock To Buy?

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Consequently, key hedge funds were breaking ground themselves. Lone Pine Capital created the biggest position in Williams Companies, Inc. (NYSE:WMB). Lone Pine Capital had $284.2 million invested in the company at the end of the quarter. Dan Loeb’s Third Point also made a $122.9 million investment in the stock during the quarter. The other funds with new positions in the stock are George Soros’ Soros Fund Management, Ryan Pedlow’s Two Creeks Capital Management, and Dmitry Balyasny’s Balyasny Asset Management.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Williams Companies, Inc. (NYSE:WMB) but similarly valued. These stocks are Luxottica Group SpA (ADR) (NYSE:LUX), Consolidated Edison, Inc. (NYSE:ED), TE Connectivity Ltd. (NYSE:TEL), and Discover Financial Services (NYSE:DFS). This group of stocks’ market valuations are similar to WMB’s market valuation.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
LUX 3 44058 -1
ED 23 513331 9
TEL 23 869744 -2
DFS 38 671018 2

As you can see these stocks had an average of 22 hedge funds with bullish positions and the average amount invested in these stocks was $525 million. That figure was a whooping $4.58 billion in WMB’s case. Discover Financial Services (NYSE:DFS) is the most popular stock in this table. On the other hand Luxottica Group SpA (ADR) (NYSE:LUX) is the least popular one with only 3 bullish hedge fund positions. Compared to these stocks Williams Companies, Inc. (NYSE:WMB) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

Disclosure: None

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