Jana Partners is Betting Big on Oil Stocks…And Groupon

Barry Rosenstein of Jana Partners has been looking for investment opportunities abroad. According to the latest SEC filing, the biggest position of the fund is AGRIUM INC. (NYSE:AGU). Jana reported a stake worth $900 million. Rosenstein is also betting big on oil companies with the fund currently owning 6.5 million shares of Oil States International, Inc.(NYSE:OIS) valued at $667 million.

The next big position is another oil company – Ashland Inc. (NYSE:ASH) – at 6.6 million shares worth $616 million. Closing the top 5 holdings of Jana Partners are URS Corp (NYSE:URS) and Groupon Inc (NASDAQ:GRPN) with both investments being valued at about $400 million.

Barry Rosenstein JANA PARTNERS

Disclosure: none