Richard Perry is Betting On NRG Energy, FedEx and AIG

Published on November 14, 2013 at 4:02 pm by Andrei Braghis in Hedge Funds,News

Richard Perry and Perry Capital are betting big on a range of companies. The fund’s recent 13F filing revealed that Perry’s top pick among stocks is NRG Energy Inc (NYSE:NRG). The fund owns 19 million shares worth a reported value of $519 million. The second biggest position of Perry’s is FedEx Corporation (NYSE:FDX), followed by American International Group Inc (NYSE:AIG).

Richard Perry

The fund is also invested in Lamar Advertising Co( NASDAQ:LAMR), owning 6.3 million Class A shares worth a reported value of $296 million, and Hess Corp.(NYSE:HES), worth slightly less.

Disclosure: none

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.

We may use your email to send marketing emails about our services. Click here to read our privacy policy.