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Hedge Fund Activity with Marathon Oil Stock

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13F filers’ statistics for Marathon Oil

In 4Q17, 41 hedge funds bought Marathon Oil’s (MRO) stock, and 32 hedge funds sold MRO stock. In 4Q17, total buying hedge funds outnumbered total selling hedge funds by nine. As of December 31, 73 hedge funds that filed form 13F held MRO in their portfolio. Five hedge funds include MRO in their top ten holdings.

From an aggregate number of shares point of view, for 4Q17, 13F-filing hedge funds increased their aggregate MRO holdings by 81.32%, from ~45.53 million shares to ~82.55 million shares.

As of December 31, Marathon Oil had ~853 million common shares outstanding.

For context, consider that, in 4Q17, 13F-filing hedge funds increased their aggregate holdings in other oil and gas production companies like Devon Energy (DVN) and Occidental Petroleum (OXY) by 12.09% and 16.67%, respectively.

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Form 13F is an SEC mandate that all institutional investors need to submit if they manage more than $100 million in assets. These institutional investors typically include hedge funds, insurance companies, banks, and investment advisors with access to in-depth research and greater capital. Typically, when institutional investors buy a stock, there’s a chance the stock might do well.

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