Mitchell Group Inc 13F annual report

Mitchell Group Inc is an investment fund managing more than $94 million ran by Bradley Mitchell. There are currently 31 companies in Mr. Mitchell’s portfolio. The largest investments include Devon and Kinder Morgan, together worth $9.72 million.

Limited to 30 biggest holdings

$94 million Assets Under Management (AUM)

As of 7th October 2020, Mitchell Group Inc’s top holding is 162,025 shares of Devon currently worth over $5.11 million and making up 5.4% of the portfolio value. Relative to the number of outstanding shares of Devon, Mitchell Group Inc owns more than approximately 0.1% of the company. In addition, the fund holds 230,310 shares of Kinder Morgan worth $4.61 million, whose value fell 16.6% in the past six months. The third-largest holding is Marathon Oil worth $4.39 million and the next is Diamondback worth $4.19 million, with 41,220 shares owned.

Currently, Mitchell Group Inc's portfolio is worth at least $94 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Mitchell Group Inc

The Mitchell Group Inc office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Bradley Mitchell serves as the Vice President at Mitchell Group Inc.

Recent trades

In the most recent 13F filing, Mitchell Group Inc revealed that it had increased its stake in Continental Resources and bought 55,515 additional shares worth around $756 thousand. This means they effectively own approximately 0.1% of the company. Continental Resources makes up 4.6% of the fund's Energy sector allocation and has decreased its share price by 53.3% in the past year.

On the other hand, there are companies that Mitchell Group Inc is getting rid of from its portfolio. Mitchell Group Inc closed its position in Newfield Exploration Co on 2nd May 2019. It sold the previously owned 220,075 shares for $3.23 million. Bradley Mitchell also disclosed a decreased stake in Devon by 0.3%. This leaves the value of the investment at $5.11 million and 162,025 shares.

One of the smallest hedge funds

The two most similar investment funds to Mitchell Group Inc are Voit and Peterson Wealth Management. They manage $94 million and $93.9 million respectively.

Bradley Mitchell investment strategy

Mitchell Group Inc’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Energy — making up 77.5% of the total portfolio value. The fund focuses on investments in the United States as 64.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 23% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $16.9 billion.

The complete list of Mitchell Group Inc trades based on 13F SEC filings

These positions were updated on May 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Devon Energy Corp.	27.19% 162,025	$5,114,000	5.44%
Kinder Morgan, Inc.	25.47% 230,310	$4,609,000	4.90%
Marathon Oil Corp.	30.76% 262,930	$4,394,000	4.67%
Diamondback Energy, Inc.	26.73% 41,220	$4,185,000	4.45%
Occidental Petroleum Corp.	27.93% 59,585	$3,945,000	4.20%
WPX Energy, Inc.	43.63% 291,440	$3,821,000	4.06%
Plains GP Holdings LP	27.39% 152,110	$3,791,000	4.03%
Cimarex Energy Co.	26.90% 52,470	$3,668,000	3.90%
Halliburton Co.	27.49% 124,820	$3,657,000	3.89%
Anadarko Petroleum	40.67% 80,118	$3,644,000	3.88%
Pioneer Natural Resources Co.	46.89% 22,950	$3,495,000	3.72%
Parsley Energy, Inc.	27.74% 180,620	$3,486,000	3.71%
Cabot Oil - Gas	44.10% 132,130	$3,449,000	3.67%
Royal Dutch Shell PLC	66.86% 54,600	$3,417,000	3.63%
Continental Resources, Inc.	286.60% 74,885	$3,353,000	3.57%
Hess Corp.	41.55% 53,827	$3,242,000	3.45%
Newfield Exploration Co	Closed 220,075	$3,226,000
Technipfmc	1.42% 134,870	$3,172,000	3.37%
ProPetro Holding Corp.	54.76% 138,120	$3,113,000	3.31%
Noble Energy, Inc.	27.64% 124,796	$3,086,000	3.28%
Patterson-UTI Energy, Inc.	27.49% 178,540	$2,503,000	2.66%
Exxon Mobil Corp.	27.35% 29,270	$2,365,000	2.52%
Schlumberger Ltd	27.24% 53,690	$2,339,000	2.49%
Marathon Pete Corp Com	27.18% 37,810	$2,263,000	2.41%
Valero Energy Corp.	27.28% 25,800	$2,189,000	2.33%
Range Resources Corp.	29.03% 186,270	$2,094,000	2.23%
Superior Energy Services Inc	27.80% 429,845	$2,007,000	2.13%
Eqt Corporation Com	26.88% 92,709	$1,923,000	2.05%
Nabors Industries Ltd.	27.50% 509,400	$1,752,000	1.86%
Transocean Inc Switzerland	27.46% 191,010	$1,664,000	1.77%
Equitrans Midstream Corp.	28.13% 74,161	$1,615,000	1.72%
Forum Energy Technologies, Inc.	Closed 245,191	$1,013,000
Williams Companies	Closed 35,140	$775,000
Targa Res Corp	Closed 20,790	$749,000
Oneok Inc Cm	Closed 13,840	$747,000
Phillips 66 Com	Closed 8,590	$740,000
Concho Res Inc	Closed 7,100	$730,000
EOG Resources, Inc.	Closed 8,310	$725,000
Weatherford International Plc Ord	28.47% 966,500	$675,000	0.72%
Chevron Corp.	Closed 4,877	$531,000
ConocoPhillips	Closed 5,920	$369,000
Spdr S-p Oil Service Etf	Closed 90,850	$0
Dj Us Oil - Gas Cw Etf	Closed 137,000	$0
Spdr S-p Oil - Gas Explrtn - Pr Etf Etf	Closed 164,000	$0
No transactions found
Showing first 500 out of 44 holdings