Ken Heebner And Insiders Love These Stocks

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Includes: AET, ANRZQ, ANTM, APC, CSX, DVN, EZPW, F, FDX, FOSL, HLF, JPM, KRO, OXY, PNC, PSA, SLB, SPG, TRW, TUP, UNH, WLL, WLT
by: Insider Monkey

Ken Heebner founded Capital Growth Management LP in 1990. Based in Boston, Massachusetts, the firm provides investment management services to charitable organizations, pension and profit sharing plans, investment companies, and high net worth individuals. It invests in the public equity markets of the United States. Investment management companies devote significant resources to researching stocks. They sometimes even cross the line to try to obtain material non-public information before investing. Additionally, corporate insiders have material non-public information and they sometimes trade based on such information. Other times they have an edge because they know their companies and industries better than almost all other investors. We believe that by imitating the stock picks of these smartest investors in the world, investors are more likely to beat the market in the long term.

Below we compiled a list of stocks both Heebner and insiders are bullish about. All stocks are in Heebner’s portfolio at the end of June and were purchased by at least two insiders during the past three months.

Security

Ticker

Value (x$1000)

No. of Insiders

Return since June

Ford Motor

F

$230,082

2

-26.90%

Occidental Petroleum

OXY

$228,378

1

-29.19%

Herbalife Ltd

HLF

$173,496

1

-12.80%

Simon Property Group

SPG

$126,188

1

-4.01%

Public Storage

PSA

$88,928

1

-2.83%

C S X Corp

CSX

$72,228

1

-26.31%

UnitedHealth

UNH

$65,574

1

-16.77%

JPMorgan Chase

JPM

$56,309

5

-24.97%

Schlumberger Ltd

SLB

$50,544

1

-31.36%

Aetna Inc. New

AET

$50,263

1

-19.05%

P N C Financial

PNC

$42,919

2

-21.37%

Wellpoint

WLP

$35,447

1

-19.66%

Fedex Corp

FDX

$30,352

2

-28.33%

Fossil Inc

FOSL

$23,544

2

-31.09%

T R W Automotive

TRW

$18,069

1

-43.15%

Whiting Petroleum

WLL

$16,515

4

-42.17%

Devon Energy

DVN

$16,140

1

-29.33%

Walter Energy

WLT

$15,865

8

-49.69%

Tupperware Brands Corp

TUP

$14,502

2

-22.74%

Alpha Natural Res

ANR

$9,088

2

-61.62%

Anadarko Petroleum

APC

$8,382

1

-19.70%

Kronos Worldwide

KRO

$7,705

3

-50.79%

Ezcorp Inc

EZPW

$6,937

2

-17.57%

Click to enlarge

Ford Motor (NYSE:F): Ford is a producer of cars and trucks. Heebner initiated a brand new $230 million position in F during the second quarter. F was purchased by two insiders over the past three months and lost 26.90% since the end of June. It has a market cap of $39.86B and a P/E ratio of 6.26.

Occidental Petroleum Corp. (NYSE:OXY): Occidental operates in three segments: oil and gas segment, chemical segment, and midstream, marketing and other segment. Heebner increased his position in OXY by 10 folds to $228 million over the second quarter. OXY was purchased by one insider over the past three months and lost 29.19% since the end of June. It has a market cap of $61.29B and a P/E ratio of 10.87. Ken Fisher had over $500 million of OXY stocks (see Ken Fisher’s top stock picks). Ric Dillon also invested $340 million in OXY.

Herbalife Ltd. (NYSE:HLF): Herbalife sells weight management, nutritional supplements, energy, sports and fitness products and personal care products. Heebner had $173 million invested in HLF at the end of June. HLF was purchased by one insider over the past three months and lost 12.80% since the end of June. It has a market cap of $5.98B and a P/E ratio of 17.81. Jim Simons had $84 million invested in HLF.

Simon Property Group (NYSE:SPG): Simon is a real estate company. Heebner had $126 million invested in SPG at the end of June. SPG was purchased by one insider over the past three months and lost 4.01% since the end of June. It has a market cap of $31.61B and a P/E ratio of 37.89. D. E. Shaw also had over $100 million invested in SPG (check out Shaw’s top stock picks).

Public Storage (NYSE:PSA): Public Storage is a real estate investment trust. Heebner had $88.9 million invested in PSA at the end of June. PSA was purchased by one insider over the past three months and lost 2.83% since the end of June. It has a market cap of $18.33B and a P/E ratio of 31.48.

CSX Corp. (NYSE:CSX): CSX is a transportation supplier. Heebner increased his position in CSX by 31% to $72.2 million during the second quarter. CSX was purchased by one insider over the past three months and lost 26.31% since the end of June. It has a market cap of $21.25B and a P/E ratio of 12.50. Jeffrey Vinik invested $116 million in CSX shares.

UnitedHealth (NYSE:UNH): UnitedHealth Group Incorporated is a diversified health and well-being company. Heebner initiated a brand new $65.6 million of UNH stocks during the second quarter. UNH was purchased by one insider over the past three months and lost 16.77% since the end of June. It has a market cap of $47.34B and a P/E ratio of 9/86. Boykin Curry had $382 million invested in UNH shares. Bill Miller had $167 million of UNH stocks (see Bill Miller’s top stock picks).

JPMorgan Chase & Co. (NYSE:JPM): JPMorgan Chase is a financial holding company. Heebner initiated a brand new $56.3 million of JPM stocks during the second quarter. JPM was purchased by five insiders over the past three months and lost 24.97% since the end of June. It has a market cap of $117.13B and a P/E ratio of 6.41. Jonathon Jacobson invested $466 million in JPM shares. Bill Miller also had $169 million of JPM stocks.

Schlumberger Ltd. (NYSE:SLB): Schlumberger is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. Heebner decreased his position in SLB by 75% over the second quarter but he still had $50.5 million invested in the stock at the end of June. SLB was purchased by one insider over the past three months and lost 31.36% since the end of June. It has a market cap of $81.35B and a P/E ratio of 14.85. Ken Fisher also had over $700 million invested in SLB.

Aetna Inc. New (NYSE:AET): Aetna is a diversified health care benefits company. Heebner initiated a brand new $50.3 million of AET stocks during the second quarter. AET was purchased by one insider over the past three months and lost 19.05% since the end of June. It has a market cap of $13.07B and a P/E ratio of 7.61. Larry Robbins invested over $200 million in AET shares.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.