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Analyzing Institutional Investor Activity in These Upstream Stocks

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13F filers’ statistics for Kosmos Energy

In 4Q17, 99 funds bought Kosmos Energy (KOS) stock, and 52 funds sold the stock. That means in 4Q17, total buying funds outnumbered total selling funds by 47. As of December 31, 2017, 154 13F filers held KOS in their portfolio. Out of these, two filers have KOS in their top ten holdings.

However, when considered from an aggregate number of shares point of view, for 4Q17, 13F filers decreased their aggregate KOS holdings by 2.9%, or from ~402.8 million shares to ~391.1 million shares. As of December 31, 2017, Kosmos Energy had ~396 million common shares outstanding.

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13F filers’ statistics for COP, WTI, COG, MUR, MRO, and OXY

Just like Kosmos Energy (KOS), in 4Q17, 13F filers reduced their aggregate holdings in ConocoPhillips (COP) and Murphy Oil (MUR) by 0.60% and 1.6%, respectively.

However, in 4Q17, institutional investors bought W&T Offshore (WTI), Cabot Oil & Gas (COG), Marathon Oil (MRO), and Occidental Petroleum (OXY) stocks. In 4Q17, 13F filers increased their aggregate holdings in WTI, COG, MRO, and OXY by 2.7%, 2.3%, 0.03%, and 2.5%, respectively.

Form 13F is an SEC mandate required from all institutional investors who manage more than $100 million in assets. These institutional investors typically include hedge funds, insurance companies, banks, and investment advisors who have access to in-depth research and greater capital. When a high number of institutional investors buy a stock, there is a greater chance that the stock might outperform its industry.

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