Andreas Halvorsen

Last Update: 08-15-2016

Number of Stocks: 55
Number of New Stocks: 13

Total Value: $23,541 Mil
Q/Q Turnover: 23%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Andreas Halvorsen Watch

  • Steven Cohen Buys Broadcom, Intel, Chipotle

    During the second quarter, Steven Cohen (Trades, Portfolio) of Point72 Asset Management acquired three new holdings. They are Broadcom Ltd. (NASDAQ:AVGO), Intel Corp. (NASDAQ:INTC) and Chipotle Mexican Grill Inc. (NYSE:CMG).


    Cohen founded Point72 in 2014 as the successor to S.A.C. Capital Advisors. The firm holds stock in 705 companies with a total value of $14.7 billion. The turnover rate is 41%.

      


  • Andreas Halvorsen's Largest 2nd Quarter Buys

    Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and currently serves as its CIO. During the second quarter, he traded the following stocks according to GuruFocus Real-Time updates.


    The guru bought 75,000,000 shares in Axovant Sciences Ltd. (AXON) with an impact of 4.14% on the portfolio.

      


  • Halvorsen Funds Company Buying Neglected Drugs, Gets Stakes in 2 Biotechs

    Andreas Halvorsen (Trades, Portfolio)’s Viking Global Investors said Wednesday it had invested in one of biotech’s hottest companies and in the process two of the companies it is involved in.


    Roivant Sciences, a company dedicated to promoting forgotten or waylaid drugs, disclosed Halvorsen’s financial backing in an announcement that MIT Professor Andrew Lo, Ph.D., would join the board as an independent director. “The appointment follows the closing of Roivant’s financing led by Viking Global Investors,” the release said.

      


  • Tech Companies Reach High Altman Z-Scores

    Developed by NYU Stern financial economist Edward Altman, the Altman Z-score predicts the likelihood of a company of going bankrupt within a two-year period.


    Unlike the Piotroski F-score, which only ranges from 0 to 9, the Altman Z-score can potentially be any real number. Based on the distribution of Z-scores for Standard & Poor's 500 companies, technological companies have the strongest scores, implying a strong and stable business operation.

      


  • Andreas Halvorsen Takes 6% of Calpine Corp After Doubling Stake

    Andreas Halvorsen (Trades, Portfolio), a former protégé of hedge fund pioneer Julian Robertson (Trades, Portfolio), on June 23 doubled his stake in one of the largest power generators in the U.S., Calpine Corp. (NYSE:CPN), as lower natural gas prices spur natural gas-fired generation and are expected to continue.


    The purchase consisted of 10,047,081 shares, increasing his stake by 95.8% to 20,540,332 shares, at an average price of $14. Halvorsen bought the position in the fourth quarter 2014 with 4,881,477 shares at an average price of $15 and increased it to 10,493,251 shares in the first quarter at an average price of $14. Calpine stock edged down 2% year to date and 20% for the past year. Thursday afternoon it is priced around $14.21.

      


  • Andreas Halvorsen Buys Facebook, Amazon, MasterCard

    Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and currently serves as its CIO. During the first quarter he bought shares in the following stocks:


    The guru bought 20,133,253 shares in Facebook Inc. (FB) with an impact of 10.11% on the portfolio.

      


  • Paul Tudor Jones Trims Facebook, Precision Castparts

    Paul Tudor Jones (Trades, Portfolio) formed Tudor Investment Corporation, the first of the Tudor Group companies, in 1980. The Tudor Group manages assets across fixed income, currency, equity and commodity asset classes and related derivative instruments in the global markets for an international clientele. The following are his largest sales during the first quarter.


    The guru almost closed his stake in Facebook Inc. (FB) cutting it by 92.58% with an impact of -4.57% on the portfolio.

      


  • Andreas Halvorsen Raises Stake in Dynegy by 1,563%

    Andreas Halvorsen (Trades, Portfolio) increased his stake in Dynegy Inc. (NYSE:DYN) by 1,563% on May 3. The guru purchased 5,959,436 shares for $16.6 per share.


    Dynegy is an electric utility company based in Houston. It owns and operates a number of power stations in the U.S. across eight states  California, Connecticut, Illinois, Ohio, Massachusetts, Maine, New York and Pennsylvania. The company was founded in 1984 as Natural Gas Clearinghouse. It was originally an energy brokerage, buying and selling natural gas supplies. It changed its name to NGC Corporation in 1995 after entering the electrical power generation business.

      


  • Stocks Near 52-Week Lows

    According to the GuroFocus list of 52-week lows, Teva Pharmaceutical Industries Inc. (NYSE:TEVA) and Cigna Corp. (NYSE:CI) are two stocks that are within 5% of 52-week lows and are owned by 21 gurus.


    Most stocks that are near 52-week lows present great opportunities for investors. Gurus own these stocks in their portfolios due to the following positive signs: low P/B and P/S ratios, expanding operating margins and consistent per share revenue growth.

      


  • John Hussman Sells Broadcom, Cognizant

    John Hussman is the president and principal shareholder of Hussman Strategic Advisors, the investment advisory firm that manages the Hussman Funds. He is also the president of the Hussman Investment Trust. Hussman manages Hussman Strategic Growth Fund, which invests primarily in U.S. stocks, and Hussman Strategic Total Return Fund, which invests primarily in U.S. Treasury and government agency securities. These were the most heavily weighted sales during the first quarter.


    The guru closed his stake in Broadcom Corp. (BRCM) with an impact of -2.05% on the portfolio.

      


  • High Quality Guru Stocks Include TransDigm, Chipotle

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating and at least five gurus are shareholders in the companies.


    TransDigm Group Inc. (TDG)

      


  • Andreas Halvorsen Invests in Rice Energy

    Norwegian guru and co-founder of Viking Global Investors LP Andreas Halvorsen (Trades, Portfolio) purchased 10,134,260 shares of Rice Energy (NYSE:RICE) on April 15.


    Rice Energy is an independent natural gas and oil company engaged in the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin. The company's main customers include Sequent Energy Management and Dominion Field Services.

      


  • Time to Get Out of Dover

    Dover Corp (NYSE:DOV) is a $10.51 billion market cap company that manufactures a broad range of specialized industrial products and sophisticated manufacturing equipment.


    Better profitability

      


  • Ctrip.com, Philip Morris Among Guru Stocks Beating S&P 500

    The following are some of the stocks that outperformed the S&P 500 Index over the last 12 months and have been bought by gurus during the fourth quarter.


    Ctrip.com International Ltd. (CTRP) has a market cap of $15.04 billion, and during the last 12 months has outperformed the S&P 500 Index by 50.4%. Currently five gurus are holding the company that has returned 6% year-to-date and 102% during the last five years. It is now trading with a P/E ratio of 44.92 and according to the DCF calculator, it looks overpriced by 108%.

      


  • Pfizer-Allergan Merger Collapse Hurts Some Funds but Is Boosting Others

    When Pfizer Inc. (NYSE:PFE) and Allergan Plc (NYSE:AGN) announced their proposed merger deal collapsed on April 6, so too did the hopes of several influential hedge fund managers who staked much capital on its success, but some investors have seen benefits.


    Both companies had been working toward the $160 billion merger since December, which would have re-introduced a focus on dermatology to Pfizer and created the world’s largest drug company. It would also have famously moved the headquarters to Ireland, where the corporate tax rate is 18% compared to 35% in the U.S.

      


  • Netflix, Starbucks Outperform S&P 500

    The following are some of the stocks that outperformed the S&P 500 Index over the last 12 months and have been bought by gurus during the fourth quarter.


    Netflix Inc. (NFLX) has a market cap of $44.67 billion, and during the last 12 months has outperformed the S&P 500 Index by 72.6%. Currently, six gurus are holding the company that has declined 5% year-to-date but returned 212% during the last five years. It is now trading with a P/E ratio of 374.39 and according to the DCF calculator, it looks overpriced by 2,101%.

      


  • Andreas Halvorsen Ups Stake 6-Fold in Range Resources

    Guru Andreas Halvorsen (Trades, Portfolio) is a Norwegian hedge fund executive who co-founded Viking Global Investors LP in 1999. Halvorsen graduated from the Norwegian Naval Academy and then went on to become a Norwegian Navy Seal.


    Halvorsen graduated from Williams College located in Massachusetts with a degree in economics. He then received his MBA with the highest honors from the Stanford School of Business in 1990. Upon graduating, Halvorsen began his investment career at Morgan Stanley (MS), where he began working in the investment banking division. Halvorsen then seized a tremendous opportunity to work alongside legendary guru Julian Robertson (Trades, Portfolio) at Tiger Management, where he was able to gain a tremendous amount of experience and expertise.

      


  • Best Performing Guru Stocks

    The following are some of the stocks that outperformed the S&P 500 Index over the last 12 months and have been bought by gurus during the last quarter.


    Ctrip.com International Ltd. (CTRP) has a market cap of $13.57 billion, and during the last 12 months has outperformed the S&P 500 Index by 47.2%. Currently, five gurus are holding the company that declined 4% year-to-date but gained 112% during the last five years. It is now trading with a P/E ratio of 41.50 and according to the DCF calculator, it looks overpriced by 88%.

      


  • Where Are Super Investors Shopping for Bargains?

    GuruFocus offers a lot of screens and tools I find highly useful and interesting for coming up with short lists of companies to look at.


    Frequently I go over the Aggregate Industry Trend screener. It allows you to quickly see in which industries value investing gurus like Joel Greenblatt(Trades, Portfolio), Richard Pzena (Trades, Portfolio), Andreas Halvorsen (Trades, Portfolio) and more than 150 others are putting their money to work and from where they are running as fast as possible. I also went through this exercise last month, and the differences are interesting as well.

      


  • Andreas Halvorsen Raises Stake in Teva Pharmaceutical

    Andreas Halvorsen (Trades, Portfolio), founding partner and CIO of Viking Global Investors LP, added two dozen stakes to his portfolio in the fourth quarter, but his most noteworthy activity was the increase of his stake in Teva Pharmaceutical Industries Ltd. (NYSE:TEVA), an Israeli pharmaceutical company, by more than 182%.


    Halvorsen acquired 16,171,125 shares for an average price of $61.94 per share. The transaction had a 4% impact on Halvorsen’s portfolio.

      


  • Best Performing Guru Stocks

    The following are some of the stocks that outperformed the S&P 500 Index over the last 12 months and have been bought by gurus during the last quarter.


    Humana Inc. (HUM) has a market cap of $27.17 billion, and during the last 12 months has outperformed the S&P 500 Index by 17.9%. Currently seven gurus are holding the company that has returned 2% year-to-date and 190% during the last five years. It is now trading with a P/E ratio of 21.74 and according to the DCF calculator, it looks overpriced by 15%.

      


  • Andreas Halvorsen Buys Teva, Broadcom, Priceline

    Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and currently serves as its CIO. Prior to founding Viking, Halvorsen was a senior managing director and the director of equities at Tiger Management LLC. During the fourth quarter, he raised his stake in many stocks and also acquired new position in some stocks. The following are his largest buys.


    The guru increased his stake in Teva Pharmaceutical Industries Ltd. (TEVA) by182.26% with an impact of 4% on the portfolio.

      


  • Andreas Halvorsen Increases Kite Pharma Stake as His Health Care Investments Grow

    Andreas Halvorsen (Trades, Portfolio) this week bought more of a stock in health care, a sector where he has increasingly invested.


    Halvorsen, a Norwegian investor who founded the $30 billion hedge fund Viking Global, made health care stocks more than a third of his portfolio for the latter three quarters of 2015. His holdings spread throughout the sector, in areas such as biotech, drug manufacturing, health care plans, health care providers, medical diagnostics and research, and medical instruments and equipment.

      


  • Andreas Halvorsen Sells Out Stake in Sealed Air Corp.

    Guru Andreas Halvorsen (Trades, Portfolio) is a Norwegian hedge fund executive who co-founded Viking Global Investors LP in 1999. Halvorsen graduated from the Norwegian Naval Academy and then went on to become a Navy Seal. He also earned an MBA with the highest honors from the Stanford University.


    Upon graduating, Halvorsen began his investment career at Morgan Stanley where he worked in the investment banking division. Halvorsen then seized a tremendous opportunity to work alongside legendary guru Julian Robertson (Trades, Portfolio) at Tiger Management, where he was able to gain a tremendous amount of experience and expertise. From there he used his philosophies, mental models and tactics that he gained early on in his investment career to successfully co-found Viking Global Investors, which currently manages more than $30 billion in capital for investors.

      


  • Andreas Halvorsen Trims Walgreens, MasterCard Stakes

    Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and currently serves as its CIO. During the fourth quarter, he sold the following stocks.


    Halvorsen reduced his stake in Walgreens Boots Alliance Inc. (WBA) by 45.12%, and the deal had an impact of -3.34% on the portfolio.

      


  • Cummins and CSX: Undervalued With Predictable Business

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating, and at least five gurus are shareholders in the companies.


    Cabot Oil & Gas Corp. (COG)

      


  • Sarah Ketterer Invests in Allstate

    In the fourth quarter, Sarah Ketterer purchased 1,541,690 shares of AllState Corp. (NYSE:ALL), a holding that some successful gurus had been reducing or selling from their portfolios.


    Allstate is an insurance company that was founded on April 17, 1931. The company is engaged in property liability insurance and life insurance. Allstate conducts business across the U.S. and Canada. It has four business segments that include: Allstate Protection, Allstate Financial, Discontinued Lines and Coverages and Corporate and Other.

      


  • Halvorsen Invests in Gene Editing Med Company With Gates, Google

    Andreas Halvorsen (Trades, Portfolio), founder of $30 billion hedge fund Viking Global Investors, on Tuesday disclosed a sizable position in the initial public offering of a company pioneering the field of gene editing technology, Editas Medicine Inc. (NASDAQ:EDIT), which also held the first IPO of the year.


    Havorsen’s Global Opportunities Illiquid Investment Sub-Master was one of the company’s seven largest equity holders before the offering, according to IPO documents. He joined a group of venture capital firms, as well as Alphabet’s Google Ventures and Bill Gates (Trades, Portfolio) in backing the company by purchasing $163.3 million in preferred stock.

      


  • High Quality Stocks Gurus Are Buying

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating, and at least five gurus are shareholders of the companies.


    Anthem Inc. (ANTM)

      


  • Halvorsen Buys Over 35 Million Shares in Southwestern Energy

    Andreas Halvorsen (Trades, Portfolio) is a Norwegian hedge fund executive and entrepreneur. Halvorsen has shown that he is extremely tough and resilient; upon graduating from the Norwegian naval academy, Halvorsen decided to increase his discipline and went on to become a Norwegian Navy Seal. Halvorsen graduated from Williams College with a degree in economics. He went on to receive his MBA with the highest honors from Stanford in 1990.


    After graduating, Halvorsen began his investment career at Morgan Stanley, where he began working in the investment banking division. Halvorsen was then given a tremendous opportunity to work alongside legendary guru Julian Robertson (Trades, Portfolio) at Tiger Management, where he gained experience and expertise. In 1999, he founded Viking Global Investors LP, which currently manages more than $30 billion in capital for investors.

      


  • 'Tiger Cub' Halvorsen Buys 5th Energy Stock in 1 Month

    Andreas Halvorsen (Trades, Portfolio), founding partner of Viking Global Investors, bought his fifth energy stock since just the beginning of the year with about 54.8 million shares in Encana Corp. (NYSE:ECA) on Jan. 20 at $3.50 per share.


    The North American energy producer develops diverse resource plays producing natural gas, oil and NGLs. Encana was formed in 2002 through the merger between Alberta Energy and PanCanadian Energy. The stock has plunged 70% in the past year and is down 23% year to date.

      


  • Andreas Halvorsen Buys 4th Oil Stake With Gulfport Energy

    Norwegian hedge fund investor Andreas Halvorsen (Trades, Portfolio) took a 7.3 percent stake in Oklahoma-based independent oil and gas company Gulfport Energy (NASDAQ:GPOR) on Jan. 19, according to RealTime Picks.


    Halvorsen’s $30.2 billion Viking Global Investors purchased 7,893,422 shares of the company the day its price closed at $22.47 per share, making the stake’s total cost an estimated $177.4 million. Year to date, the shares have traded up roughly 14% to $27.94 each on mid-afternoon Monday, a positive upswing from their 41% slide for the year 2015.

      


  • Andreas Halvorsen Invests in Energy Companies

    Andreas Halvorsen (Trades, Portfolio), founding partner and CIO of Viking Global Investors LP, made two huge new buys in energy companies on Jan. 11.


    The guru purchased 35,515,793 shares of Southwestern Energy Co. (NYSE:SWN), a Houston-based oil and gas company, for $6.54 per share, and he acquired a 30,853,936-share stake in Cabot Oil & Gas Corp. (NYSE:COG), also a Houston-based oil and gas company, for $16 per share.

      


  • Top Performing Stocks Attracting Guru Investors

    The following are the stocks that outperformed the S&P 500 Index over the last 12 months and have been bought by gurus during the last quarter.


    Netflix Inc. (NFLX) has a market cap of $44.47 billion, and during the last 12 months has outperformed the S&P 500 Index by 130.5%. Currently, seven gurus are holding the company.

      


  • Netflix, NBC Officers Engage in War of Words


    "The reports of our death have been greatly exaggerated." – Alan Wurtzel, NBCUniversal president of research and media development

      


  • Lee Ainslie Gains From Liberty Global But Loses From Axiall

    Lee Ainslie (Trades, Portfolio) had some big gains and big losses after selling some holdings in the third quarter. His biggest gains were 33% and 23% from Liberty Global PLC (LBTYA) and Acuity Brands Inc. (AYI) while his biggest losses were 33% and 30% from Axiall Corp. (AXLL) and Rackspace Hosting Inc. (RAX).


    He also gained 8% from UnitedHealth Group Inc. (UNH) and AbbVie Inc. (ABBV) and lost 18% and 13% from Baidu Inc. (BIDU) and Diamond Resorts International Inc. (DRII).

      


  • George Soros Trims Time Warner Cable and Facebook

    George Soros (Trades, Portfolio), chairman of Soros Fund Management LLC, made 47 reductions in the third quarter. A hedge fund guru, his Quantum Fund is recognized for having the best performance record of any investment fund in the world.


    The following are Soros' largest reductions during the third quarter.

      


  • Analyzing Amgen's Dividend Hike

    Amgen Inc. (NASDAQ:AMGN) recently raised its quarterly dividend to $1.00 per share or $4.00 on an annual basis. This way, the stock yields 2.5% if the share price stays at current levels at $158.8. According to GuruFocus, its yield is ranked higher than 88% of the 233 companies in the Global Biotechnology industry. Moreover, it is close to a five-year high.


    What makes possible the dividend hike is the solid financial position. Also, Piotroski F-Score of 8 is 8 is indicating very healthy situation. The company has a history deploying capital through share repurchases and dividends.

      


  • Halvorsen's Investment Makes Broadcom His 5th-Most Valuable Stake

    Health care stocks have the highest weighting – 30% – in Andreas Halvorsen (Trades, Portfolio)’s portfolio so it shouldn’t be a surprise that many of his largest transactions in the third quarter involved health care-related stocks, but his largest deal of the quarter belongs more properly to the second-highest weighted sector in his portfolio, Technology.


    Halvorsen’s most noteworthy third-quarter transaction was the purchase of a 23,568,995-share stake in Broadcom Corp. (NASDAQ:BRCM), an Irvine, California-based semiconductor company, for an average price of $51.45 per share. The acquisition had a 4.65% impact on Halvorsen’s portfolio.

      


  • Alexion Pharmaceuticals Loses Position in Swensen's Portfolio

    David Swensen (Trades, Portfolio) has been the chief investment officer of Yale University's endowment fund since 1985. He is responsible for managing and investing the university's endowment assets and investment funds. Here are his most weighted stocks that got new positions or lost their positions in the portfolio during the third quarter.


    During the second quarter Swensen bought 319,273 shares of Alexion Pharmaceuticals Inc. (ALXN) for an average price of $172.57; in the third quarter he sold his shares for more than its purchase price at $182.41 and gained 6%. The deal had an impact of -16.37% on his portfolio.

      


  • Andreas Halvorsen Buys Stake in Laboratory Corp. of America Holdings

    Andreas Halvorsen (Trades, Portfolio) of Viking Global Investors LP bought a stake in Laboratory Corp. of America Hldgs. (NYSE:LH) on Oct. 1.


    Halvorsen, who had more than half a million shares of Laboratory Corp. of America in his portfolio when he sold his stake in the company in 2010, reinvested in the Burlington, N.C.-based health care network operator by buying a 5,398,933-share stake for $110.18 per share. The acquisition had a 2.2% impact on Halvorsen’s portfolio.

      


  • Andreas Halvorsen Nearly Quadruples Stake in Kite Pharma

    Andreas Halvorsen (Trades, Portfolio) added 2,011,404 shares to his stake in Kite Pharma Inc. (NASDAQ:KITE), a Santa Monica, Calif.-based biopharmaceutical company emphasizing cancer immunotherapy products, on Sept. 25. The acquisition nearly quadrupled Halvorsen’s position.


    Halvorsen, a founding partner and current CIO of Viking Global Investors LP, paid $57.02 per share in a deal that had a 0.43% impact on his portfolio. The stock sold for $63.3 per share by the time the market closed on Tuesday.

      


  • Halvorsen Buys Amazon, Sells Out Micron Technology During Q2

    Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP, which is a global investment firm founded in 1999 and has offices in Greenwich, N.Y., Hong Kong and London and is registered as an investment adviser with the U.S. Securities and Exchange Commission.


    He manages a portfolio composed of 56 stocks with a total value of $26.47 billion and during the last quarter he increased 20 stakes and reduced 19 of them, bought 18 new stocks and sold out 19 of his existing stakes. The following are the most weighted of the above trades.

      


  • Moody Lynn & Lieberson Top Buys in Second Quarter

    At the end of the second quarter of 2015, hedge fund Moody Lynn & Lieberson reported a total value of its portfolio of $628 million, with no substantial changes since the previous quarter. During the quarter, it bought 35 new stocks and increased 72 of its stakes. The following are the most heavily weighted buys during the quarter.


    It bought shares of Prudential Financial Inc (PRU) with an impact of 2.35% on its portfolio. The company through its subsidiaries and affiliates offers financial products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. It offers these products and services to individual and institutional customers through proprietary and third party distribution networks. The company's businesses are separated into the Financial Services Businesses and the Closed Block Business.

      


  • Kelly Lawrence W & Associates' Top Buys of Q2 2015

    At the end of the second quarter of 2015, the hedge fund Kelly Lawrence W & Associates reported a total value of its portfolio of $502 million, with an increase of 8.34% since the previous quarter. During the quarter, it bought 18 new stocks and increased 40 of its stakes. The following are the most heavily weighted buys during the quarter.


    It bought shares of Colfax Corp (CFX) with an impact of 2.35% on its portfolio. The company designs, manufactures, installs and maintains gas- and fluid-handling products for use in a wide range of markets, including power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other.

      


  • Allergan, Google Among Popular Guru Stocks

    According to GuruFocus' All-in-One screener, the following stocks were three of the most popular among the gurus during the past three months.


    Related Article: Stocks Gurus Are Buying - Part I

      


  • Zweig Advisers' Top Buys in the Second Quarter

    At the end of the second quarter of 2015, the hedge fund Zweig Advisers reported a total value of its portfolio of $696.8 million, which declined 5.43% over the previous quarter.


    During Q2 2015, the hedge fund bought eight new stocks and increased seven of its stakes. The following are the most heavily weighted buys during the quarter.

      


  • M&R Capital Management Buys Allergan in Q2 2015

    At the end of the second quarter of 2015, the hedge fund M&R Capital Management Inc, reported a total value of its portfolio of $422.9 million with a increase of $15,000 over the previous quarter.


    During Q2 2015, the hedge fund bought nine new stocks and increased 30 of its stakes. The following are the most heavily weighted buys during the quarter.

      


  • Carl Icahn Is Not Afraid of the Energy Sector

    Undoubtedly Carl Icahn (Trades, Portfolio) is one of the best investors in the world. He founded Icahn Capital LP, which had about $32 billion under management. The investor reported initiating a new stake in Cheniere Energy Inc. (LNG), a $16.48 billion market cap, according to GuruFocus Real Time Picks.


    New position

      


  • Carl Icahn Increasingly Banks on Energy With Cheniere Stake

    Though energy stocks plagued Carl Icahn (Trades, Portfolio)’s investment fund in 2014 with a half a billion-dollar loss, his bullish long-term stance on the sector continues with a headline-grabbing 8.18% stake in natural gas developer Cheniere Energy (LNG).


    Icahn expected the oil slump to persist as he hunted for more opportunities, saying in February:

      


Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)