All posts from in,

Billionaire Jorge Paulo Lemann’s Top Energy Picks

Jorge Paulo Lemann’s 3G Capital has recently submitted its 13F filing for the second quarter, which revealed a $1.32 billion equity portfolio with 23% concentrated in the energy sector. It is not a secret that the energy sector is experiencing strong headwinds at the moment, while the commodity futures market doesn’t leave any hope for the improvement in the near terms. Therefore, it is especially interesting how managers like Lemann service their positions in the depressive sector. Among the top energy picks of the fund one can find Halliburton Company (NYSE:HAL), Marathon Petroleum Corp (NYSE:MPC) and Phillips 66 (NYSE:PSX). In this article we are going to take a closer look at how these companies have performed over the past few months and consider what other investors think about them.

Jorge Paulo Lemann

3G Capital is a Brazil-based investment firm that was co-founded by billionaire Jorge Paulo Lemann and is most well-known in the finance world for its acquisition of Burger King in 2010 and for its collaboration with Warren Buffet’s Berkshire Hathaway in the purchase of Heinz in 2013. Earlier this year, 3G Capital and Berkshire Hathaway joined forces yet again in the merger of Kraft and Heinz, which resulted in one of the biggest food and beverage companies in the world.

Professional investors like Lemann spend considerable time and money conducting due diligence on each company they invest in, which makes them the perfect investors to emulate. However, we also know that on average the returns of hedge funds have not been good for several years, underperforming the market. We analyzed the...