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T. Boone Pickens Hedge Fund: Top Four Energy Holdings

Posted on May 22, 2008

Suncor Energy Inc. (SU) jumped more than 7% on Tuesday as oil topped $129 per barrel and billionaire energy icon T. Boone Pickens said prices would hit $150 in 2008.But Suncor, the number two producer in Alberta s oilsands, which saw its biggest gain since August 2002, is also a key holding in Mr. Pickens hedge fund. At the end of the first quarter, Suncor accounted for 11% of the portfolio, or roughly $180-million, second to only Occidental Petroleum Corp. (OXY) at 12%, according to Bespoke Investment Group....

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oil , petroleum