Pickens' BP Capital Bought 1.04 Million Shares Of Sandridge In 3Q
November 16 2009 - 11:17AM
Dow Jones News
BP Capital, the hedge-fund firm run by billionaire energy
investor T. Boone Pickens, bought more than one million shares of
Sandridge Energy Inc. (SD) during the third quarter, according to a
regulatory filing made Monday morning.
BP reported 14 different stakes totaling about $185 million,
which represents five more positions and $100 million more than on
its end-of-second-quarter holdings report. The filing, made on
Securities and Exchange Commission form 13-F, showed that BP
Capital also bought one million shares of McMoRan Exploration Co.
(MMR), a new position.
The firm added to existing positions in several stocks,
including Chesapeake Energy Corp. (CHK), and Devon Energy Corp.
(DVN), and took a new one in Hess Corp. (HES).
A BP Capital spokesman didn't immediately return a message
seeking comment.
Many investors that manage more than $100 million are required
to file 13-Fs describing their stock holdings within 45 days of the
end of a given quarter, giving the public its freshest possible
glimpse into the portfolios of well-known money managers. Most
hedge-fund managers and others wait until the last possible moment
to make these filings. The third quarter's deadline is Monday.
-By Joseph Checkler, Dow Jones Newswires; 212-416-2152;
joseph.checkler@dowjones.com
Mcmoran (NYSE:MMR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mcmoran (NYSE:MMR)
Historical Stock Chart
From Jul 2023 to Jul 2024