Hedge Funds Rush To Energy

Per the 13F round up, major hedge funds are flocking to energy.

No doubt, Kinder Morgan Inc KMI has been the biggest winner from 13Fs, with David Tepper and Warren Buffett taking new stakes in 4Q 2015.

Tepper also found himself buying up other energy plays, from E&Ps to gas plays - buying the likes of Range Resources Corp RRC, Cabot Oil and Gas Corporation COG and Southwestern Energy Company SWN.

Barry Rosenstein's Jana Partners, not to be outdone, bought up shares of Williams Companies Inc WMB and Targa Resources Corp TRGP, as well as E&P companies Whiting Petroleum Corp WLL and Oasis Petroleum Inc. OAS. This comes as John Paulson was heading for the exits (much like he was with gold), dumping Oasis and Whiting.

 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Hedge FundsTrading IdeasReviewsGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!