Ospraie Held Stocks Feel The Pain of Commodity Sell-Off (AA, GST, XTO, APC, ACI)
Get Alerts AA Hot Sheet
Price: $36.19 -0.44%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 1.5%
EPS Growth %: -252.2%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 1.5%
EPS Growth %: -252.2%
Join SI Premium – FREE
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.
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.
You May Also Be Interested In
- Micron Technology (MU) plans to construct a $100B "Megafab" employing more than 9,000 workers in Upstate NY - Nikkei
- Honda (HMC) to Build Electric Vehicles and Batteries in Ontario - Reuters
- Spotify (SPOT) jumps 10% as Q1 revenue, gross margins beat Street's estimates
Create E-mail Alert Related Categories
Insiders' Blog, Rumors, Trader TalkRelated Entities
Hedge FundsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!