Ken Griffin And Insiders Love These Stocks

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Includes: APC, CAT, CMCSA, EBAY, ESV, ETFC, HK, KEY, NLSN, PFG, PNC, SM, XL
by: Insider Monkey

Ken Griffin is the founder and CEO of Citadel LLC. Citadel devotes significant resources to researching stocks, making it one of the largest and most successful hedge funds in the world. 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 13 stocks that have insider purchases during the past six months and were held by Griffin at the end of June.

Company

Ticker

Value (x1000)

No. of Insiders

YTD Return

S M ENERGY CO

SM

122,479

1

20.77%

NIELSEN HOLDINGS

NLSN

113,449

2

12.56%

EBAY INC

EBAY

189,215

1

12.41%

COMCAST CORP

CMCSA

123,821

1

-1.40%

ANADARKO

APC

130,810

1

-4.77%

E N S C O PLC

ESV

182,299

1

-10.67%

X L GROUP PLC

XL

144,511

1

-12.75%

CATERPILLAR INC

CAT

108,562

1

-14.60%

P N C FINANCIAL

PNC

201,809

2

-21.37%

PRINCIPAL FINANCIAL

PFG

92,278

1

-30.66%

KEYCORP NEW

KEY

174,216

2

-33.89%

E TRADE FINANCIAL

ETFC

378,109

2

-37.04%

PETROHAWK ENERGY

HK

95,419

2

-42.98%

Here are the top 10 stocks Griffin and insiders love with the highest YTD returns:

SM Energy Co.: SM Energy Company is an independent energy company. Griffin invested $122 million in SM and it was purchased by one insider over the past six months. It has a market cap of $4.32B, a P/E ratio of 28.46, and returned 20.77% since the beginning of this year. Israel Englander invested $79 million in SM shares.

Nielsen Holdings N.V.: Nielsen Holdings N.V. is a global information and measurement company. Griffin invested $113 million in NLSN and it was purchased by two insiders over the past six months. It has a market cap of $9.75B and returned 12.56% since the beginning of this year.

eBay Inc.: eBay brings together buyers and sellers every day on a local, national and international basis through a range of Websites. Griffin invested $189 million in EBAY and it was purchased by one insider over the past six months. It has a market cap of $40.79B, a P/E ratio of 23.92, and returned 12.41% since the beginning of this year. Bill Miller invested over $200 million in EBAY stocks (check out Bill Miller’s top stock picks).

Comcast Corp.: Comcast is a provider of video, high-speed Internet and phone services. Griffin invested $124 million in CMCSA and it was purchased by one insider over the past six months. It has a market cap of $57.87B, a P/E ratio of 15.31, and lost 1.40% since the beginning of this year. Both John Paulson and Jean Eveillard invested about $500 million in CMCSA shares.

Anadarko Petroleum Corp.: Anadarko is an independent oil and natural gas exploration and production company. Griffin invested $131 million in APC and it was purchased by one insider over the past six months. It has a market cap of $34.30B, a P/E ratio of 40.50, and lost 4.77% since the beginning of this year. John Paulson invested more than $1 billion in APC shares (check out Paulson’s top stock picks).

Ensco Plc.: Ensco is a global offshore contract drilling company. Griffin invested $182 million in ESV and it was purchased by one insider over the past six months. It has a market cap of $10.14B, a P/E ratio of 15.33, and lost 10.67% since the beginning of this year. David Einhorn had $225 million invested in ESV shares (check out Einhorn’s top stock picks).

XL Group Plc.: XL Group is a global insurance and reinsurance company. Griffin invested $145 million in XL and it was purchased by one insider over the past six months. It has a market cap of $5.57B, a P/E ratio of 24.35, and lost 12.75% since the beginning of this year. John Paulson invested over $600 million in XL shares.

Caterpillar Inc.: Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Griffin invested $109 million in CAT and it was purchased by one insider over the past six months. It has a market cap of $48.47B, a P/E ratio of 12.41, and lost 14.60% since the beginning of this year. Ken Fisher had $480 million invested in CAT shares (check out Fisher’s top stock picks).

PNC Financial Services Group Inc.: PNC is a diversified financial services company in the United States. Griffin invested $202 million in PNC and it was purchased by two insiders over the past six months. It has a market cap of $24.59B, a P/E ratio of 7.52, and lost 21.37% since the beginning of this year. Ken Fisher held $363 million PNC stocks. Ric Dillon and Jeffrey Vinik also invested over $100 million in PNC.

Principal Financial Group Inc.: PFG provides retirement savings, investment and insurance products and services. Griffin invested $92 million in PFG and it was purchased by one insider over the past six months. It has a market cap of $7.08B, a P/E ratio of 9.19, and lost 30.66% since the beginning of this year.

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

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