Caxton Associates, a New York-based hedge fund, was established in 1983 by Bruce Kovner. After graduating from Harvard University, Kovner began his commodities trading career. There is a lot of money being put into the fields of information technology, manufacturing, healthcare, financial services, and consumer discretionary, as well as communication. Tesla, Inc. is Caxton Associates’ largest investment in the third quarter portfolio, with a value of $138 million. More than 200 new stocks were purchased, 119 additional equities were purchased, 223 companies were sold off, and 86 securities were reduced in the hedge fund’s portfolio.
Insider Monkey selects 10 energy stocks from the portfolio. In the third quarter, Caxton Associates invested $845,000 in EQT Corporation. A $1 billion share repurchase program has been approved by the company’s board of directors, and the company will resume paying a quarterly dividend in the first quarter of 2022. Phillips 66 is a multinational oil and gas company based in Texas that has operations in more than 30 countries. Oil refining, lubricants, aviation fuels, motor fuels, and service stations are all part of its business. Over the course of the year, revenue increased by 93.09 percent to $31.47 billion. With a 231 percent increase in the third quarter, Caxton Associates now owns $1.08 million worth of Gulfport Energy Corporation stock. EPS came in at $3.50, which was below expectations by $0.35. Caxton Associates’ 13F portfolio includes PBF Energy Inc., one of the best energy companies. There was a 43 percent increase in hedge fund ownership to 110,623 shares worth $1.43 million in the third quarter of 2013. Energy development, renewable energy and electric power generation and distribution across the United States and Canada are all part of NextEra Energy, Inc.’s scope of services. An analyst at BMO Capital Markets has raised his price target on NEE to $98. For more details, click 10 Energy Stocks To Buy According To Billionaire Bruce Kovner’s Caxton Associates.