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Wednesday
May212008

T. Boone Pickens Hedge Fund Holdings

T. Boone Pickens helped lift oil prices once again yesterday with his "$150 in '08" call on CNBC.  For those interested, below we provide the holdings of Mr. Pickens' hedge fund at the end of the first quarter.  As shown, just 5 of his 23 positions are down on the year, while the S&P 500 is down 3.32%.  His top ten holdings are all up an average of 21.7% this year, with his top holding (OXY) up 27%.  It's good times for energy funds.

Tboone

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