What Smart Money Sentiment Says Regarding Williams Companies Inc (WMB)’s Takeover?

Let’s also take a look at the hedge fund sentiment surrounding Energy Transfer Equity LP (NYSE:ETE), whose stock surged by almost 80% year-to-date. The investors from our database reduced their exposure to the company during the second quarter, as 33 funds disclosed holding $1.21 billion worth of stock, down by almost 15% on the quarter and equal to less than 4% of the company. Its largest shareholder at the end of June, Daniel S. Och’s OZ Management, reduced its holding by 31% on the quarter to 8.12 million shares. James Dinan’s York Capital Management and MSDC Management were among other shareholders, owning 2.53 million shares and 1.34 million shares, respectively.

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