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Tudor Investment Corporation is a hedge fund management firm founded by Paul T. Jones II. The firm manages the Tudor series of hedge funds. The firm has offices in Connecticut, Massachusetts, Washington D.C., New York, Singapore, Australia and England.

Investment strategy: Tudor Investment Corporation applies both fundamental and technical analysis to identify investment opportunities. The firm reflects bias towards stocks with above-average growth potential, and sector weightings are generally overweighted depending on the portfolio managers' research of a particular industry. The chief investment officer guides the investment process, with inputs offered by the investment professionals. Portfolio managers have discretion over their decisions.

The following is a list of top stocks where Tudor Investment Corp. increased its positions in the last quarter (source: 13F filing):

Stock

Symbol

Shares Held 03/31/2011

Shares Held 06/30/2011

Change in Shares

Arch Coal Inc.

(ACI)

12,100

618,800

606,700

Google Inc.

(GOOG)

36,400

54,100

17,700

Total SA

(TOT)

40,000

192,500

152,500

Exxon Mobil Corp.

(XOM)

53,100

145,000

91,900

Anadarko Petroleum Corporation

(APC)

12,900

110,000

97,100

Evercore Partners Inc.

(EVR)

36,400

244,800

208,400

Devon Energy Corporation

(DVN)

48,500

133,600

85,100

My favourite long candidate among above stocks is Anadarko Petroleum Corporation. Anadarko Petroleum Corporation is an independent oil and natural gas exploration and production company. Anadarko’s portfolio of assets includes positions in onshore resource plays in the Rocky Mountains region, the Southern United States and the Appalachian basin. Anadarko operates in three operating segments: oil and gas exploration and production, midstream, and marketing. Anadarko's EPS forecast for the current year is $3.50 and next year is $4.34. According to consensus estimates, its top line is expected to grow 25.50% in the current year and 13.90% next year.

The recent slide in Anadarko’s share price has provided a pretty compelling entry point in its stock. Anadarko is currently trading at just 65% P/NAV. Even after adjusting for possible Macondo liability, Anadarko is trading at 70% P/NAV, which is still very compelling given Anadarko’s strong portfolio, which includes offshore assets in West Africa and East African gas assets. Further, a ramp-up in activity in Gulf of Mexico is another positive for Anadarko.

One of the other things that makes me confident in recommending Anadarko is that I don’t see oil going back to 2008 lows. I think commodities will hold up much better as compared to 2008 recession if there is any downturn now. This is mainly due to amount of quantitative easing done by the Fed, which is likely to fuel inflation. Since oil companies usually trade in line with crude oil prices, Anadarko will outperform even if there is another recession.

For other stocks in the above list, here are some of the specifics about these companies, including a brief description of their businesses and growth expectations (top line and bottom line):

Arch Coal, Inc. is a coal producer. It sells its coal to power plants, steel mills and industrial facilities. As of December 31, 2010, it operated, or contracted out the operation of, 23 active mines at 11 mining complexes in the United States. During the year ended December 31, 2010, the company sold 162.8 million tons of coal, including approximately 6.9 million tons of coal it purchased from third parties. Arch's EPS forecast for the current year is $2.11 and next year is $3.76. According to consensus estimates, its top line is expected to grow 43.40% in the current year and 29.00% next year.

Google Inc. focuses on areas such as search, advertising, operating systems and platforms, and enterprise. The company maintains an index of websites and other online content, and make it available through its search engine to anyone with an Internet connection. The company generates revenue primarily by delivering targeted online advertising. Google’s stock price has lost its sheen and is on a downward trend after the recent hype about Google Plus failed to translate into a sustainable interest. Google's EPS forecast for the current year is $31 and next year is $37.14. According to consensus estimates, its top line is expected to grow 30.20% in the current year and 22.00% next year.

TOTAL SA is a France-based integrated international oil and gas company. TOTAL engages in all aspects of the petroleum industry, including upstream and downstream operations. It also produces base chemicals (petrochemicals and fertilizers) and specialty chemicals for the industrial and consumer markets. TOTAL SA’s worldwide operations are conducted through four business segments: Upstream, Downstream, Corporate and Chemicals. TOTAL's EPS forecast for the current year is $7.55 and next year is $7.60. According to consensus estimates, its top line is expected to grow 44.10% in the current year and decline 5.90% next year.

Exxon Mobil Corporation is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. It also has interests in electric power generation facilities. Exxon's EPS forecast for the current year is $8.61 and next year is $8.96. According to consensus estimates, its top line is expected to grow 21.10% in the current year and 8.00% next year.

Evercore Partners Inc. is an independent investment banking advisory firm. The company operates in two segments: Investment Banking and Investment Management. Its Investment Banking segment includes its Advisory services, through which it provides advice to clients on mergers, acquisitions, divestitures and other strategic corporate transactions, with a particular focus on advising prominent multinational corporations and private equity firms. Its Investment Management segment focuses on institutional asset management, through which it manages financial assets for institutional investors and provides independent fiduciary services to corporate employee benefit plans; Wealth Management, through which it provides wealth management services for high net-worth individuals; and Private Equity, through which it manages private equity funds. Evercore's EPS forecast for the current year is $1.64 and next year is $2.28. According to consensus estimates, its top line is expected to grow 43.40% in the current year and decline 26.70% next year.

Devon Energy Corporation is an independent energy company engaged in exploration, development and production of natural gas and oil. The company's operations are concentrated in various North American onshore areas in the United States and Canada. It also has offshore operations located in Brazil and Angola. Devon's EPS forecast for the current year is $6.21 and next year is $7.52. According to consensus estimates, its top line is expected to grow 4.00% in the current year and decline 13.00% next year.

Source: Billionaire Fund Manager Paul Tudor Jones Has Increased His Holdings In These 7 Stocks