Mason Hawkins’ Southeastern Asset Management has just filed its new 13F with the Securities and Exchange Commission. Mr. Hawkins is bullish on energy stocks, with Chesapeake Energy Corporation (NYSE:CHK) being the fund’s largest position. Southeastern Asset Management owns 76 million shares with a reported value of $1.9 billion. Following suite is FedEx Corporation (NYSE:FDX), with the fund holding 15.5 million shares valued at $1.7 billion.
Hawkins also has positions in: Loews Corporation (NYSE:L), 35 million shares worth $1.67 billion; DIRECTV (NASDAQ:DTV), 23 million shares with a reported value of $1.38 billion; and Level 3 Communications, Inc.(NYSE:LVLT), 48 million shares worth $1.3 billion.