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Soros bet on Devon Energy, Transocean ahead of oil price rise

2015-02-18 06:19:29| Energy - Topix.net

Soros Fund Management LLC took new positions in the energy sector in the fourth quarter, including stakes in Devon Energy Corp and Transocean Ltd, a regulatory filing showed Tuesday. The hedge fund firm, which manages the investments of investor George Soros and his family, bought 385,497 shares of Devon Energy and 149,000 shares of Transocean in the fourth quarter, according to a filing with the Securities and Exchange Commission.

Tags: price energy oil rise

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