Checking Up on Pickens' Investment s

Notable Quotes

"EXXI has a very good mix of high-impact exploration and lower-risk development." (1/31/12) Energy XXI - The Energy Report Interview with Bill Powers More >

"NPK appears to be the lowest-cost potash producer in Brazil." (1/31/12) Verde Potash - Jaret Anderson, Mackie Research More >

"TPL's new oil storage and rail loading facility will initially double production." (1/30/12) Tethys Petroleum Ltd. - Deborah Sterescu, Proactive Investors More >

"CPT continues to derisk Vista." (1/30/12) Coalspur Mines Ltd. - David Charles, GMP Securities More >

"TLH is performing a very aggressive expansion plan." (1/26/12) Talison Lithium Ltd. - The Energy Report Interview with Daniela Desormeaux More >

"LI has really good prospects for the future." (1/26/12) Lithium One Inc. - The Energy Report Interview with Daniela Desormeaux More >

"I think that RM can be a player in the lithium industry." (1/26/12) Rodinia Lithium Inc. - The Energy Report Interview with Daniela Desormeaux More >

"NMX has one of the highest project rankings by our methodology." (1/26/12) Nemaska Lithium Inc. - The Energy Report Interview with Daniela Desormeaux More >

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Checking Up on Pickens' Investment s

Source: Seeking Alpha, Bespoke Investment Group��(3/4/10)

". . .the biggest investment in [Picken's BP Capital] fund is currently Transocean Ltd."

During the oil bubble that hit its peak in 2008, hardly a day went by when you didn't hear something from or about T. Boone Pickens. Oh how things have changed since then, however, and now it is rare to see or hear anything from the man (which is probably a relief for him).

Pickens' main hedge fund is BP Capital, and we checked the firm's most recent 13F to see what Pickens is holding these days. Below we highlight Pickens' stock holdings as of the end of 2009. As shown, the biggest investment in the fund is currently Transocean Ltd. (NYSE:RIG), which represents 12% of total equity holdings. Hess Corp (HES) is the second largest holding and is the only other position that makes up more than 10% of the portfolio. Pickens also has a large position in McMoRan Exploration (MMR), which has been one of the best performing stocks out there in 2010 (+125%). The worst performing stocks in Pickens' portfolio so far this year have been Suncor (SU), Foster Wheeler (FWLT), and Sandridge (SD).