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Ospraie Held Stocks Feel The Pain of Commodity Sell-Off (AA, GST, XTO, APC, ACI)

September 3, 2008 2:54 PM EDT
Commodities continue to be under pressure today following news Ospraie, once the world's largest commodities hedge fund, closed its flagship fund after a massive 27% loss in August. There are all kinds of rumors that similar funds are having big trouble too.

While the firm only held $1 billion in equities, a number of commodity-related stocks they held in their portfolio are down big recently. Their losses in underlying commodities directly were likely exacerbated by margin. Here is a look at how some of their positions are stacking up:

Aloca (NYSE: AA): Down 3.4% today and down 25% over the past 3 months.
Gastar Exploration Ltd. (NYSE: GST) down 2.4% today and down 22% over the past 3 months.
XTO Energy Inc. (NYSE: XTO) down 0.4% today and down 27% over the past 3 months.
Anadarko Petroleum Corp. (NYSE: APC) down 1.5% today and down 23% over the past 3 months.
Arch Coal Inc. (NYSE: ACI) down 6.8% today and down 38% over the past 3 months.

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