First Republic Investment Management Holding In Marathon Pete (MPC) Was Lifted; As Intelsat S A (I) Stock Value Declined, Holder Discovery Capital Management Has Raised Its Holding

Marathon Petroleum Corporation (NYSE:MPC) Logo

Discovery Capital Management Llc increased its stake in Intelsat S A (I) by 12.2% based on its latest 2018Q4 regulatory filing with the SEC. Discovery Capital Management Llc bought 707,778 shares as the company’s stock declined 27.45% while stock markets rallied. The hedge fund held 6.51M shares of the telecommunications equipment company at the end of 2018Q4, valued at $139.21 million, up from 5.80M at the end of the previous reported quarter. Discovery Capital Management Llc who had been investing in Intelsat S A for a number of months, seems to be bullish on the $2.64B market cap company. The stock increased 3.68% or $0.68 during the last trading session, reaching $19.14. About 2.24 million shares traded. Intelsat S.A. (NYSE:I) has risen 351.28% since April 17, 2018 and is uptrending. It has outperformed by 346.91% the S&P500. Some Historical I News: 01/05/2018 – INTELSAT REAFFIRMS 2018 REV., ADJ. EBITDA, CAPEX GUIDANCE; 16/05/2018 – Intelsat Presenting at JPMorgan Conference Tomorrow; 30/05/2018 – Intelsat Appoints Juan Pablo Cofino Regional Vice Pres, Latin Amer and the Caribbean; 15/05/2018 – Soros Management Buys New 1.1% Position in Intelsat; 06/04/2018 – STN Extends Services on Galaxy 19 to Fuel Expansion in North America; 15/05/2018 – Empyrean Capital Partners Buys New 1.5% Position in Intelsat; 01/05/2018 – Intelsat 1Q EBITDA $418.6M; 01/05/2018 – Intelsat Backs 2018 Rev $2.06B-$2.11B; 09/05/2018 – Intelsat at Goldman Sachs Leveraged Finance Conference Tomorrow; 30/05/2018 – Intelsat Appoints Juan Pablo Cofino Regional Vice President, Latin America and the Caribbean

First Republic Investment Management Inc increased its stake in Marathon Pete Corp (MPC) by 2.1% based on its latest 2018Q4 regulatory filing with the SEC. First Republic Investment Management Inc bought 5,091 shares as the company’s stock declined 5.01% while stock markets rallied. The hedge fund held 247,662 shares of the integrated oil company at the end of 2018Q4, valued at $14.62 million, up from 242,571 at the end of the previous reported quarter. First Republic Investment Management Inc who had been investing in Marathon Pete Corp for a number of months, seems to be bullish on the $40.65 billion market cap company. The stock increased 0.68% or $0.41 during the last trading session, reaching $60.43. About 3.60 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has declined 4.29% since April 17, 2018 and is downtrending. It has underperformed by 8.66% the S&P500. Some Historical MPC News: 30/04/2018 – FITCH AFFIRMS MARATHON PETROLEUM’S RATINGS FOLLOWING PURCHASE; 01/05/2018 – Marathon Petroleum’s (MPC) CEO Gary Heminger on Andeavor Strategic Combination (Transcript); 16/05/2018 – GLAPINSKI SAYS HIS VIEW ON RATES IS MAINSTREAM IN POLISH MPC; 22/03/2018 – OSLO BøRS – MPC CONTAINER SHIPS INVEST B.V – RECEIVED APPLICATION FOR; 03/05/2018 – MPC WILL BE ABLE TO GET LIGHT SWEET CRUDE IT NEEDS FROM PERMIAN; 09/05/2018 – MARATHON GALVESTON BAY, TEXAS CITY REFINERIES BACK TO NORMAL OPS AFTER POWER DISRUPTIONS; 16/03/2018 – KROPIWNICKI SAYS MPC NEEDS TO REACT TO `REALITY,’ NOT FORECASTS; 07/03/2018 – POLISH MPC MEMBER ANCYPAROWICZ SPEAKS IN WARSAW; 19/04/2018 – INDIA MPC MEMBER GHATE THERE IS A RISK THAT RECENT FRAUD IN A PUBLIC SECTOR BANK MAY MAKE BANKSRISK AVERSE AND SLOW LENDING; 19/04/2018 – INDIA MPC MEMBER GHATE CONCERNED ABOUT SIMULTANEOUS OCCURRENCE OF ADVERSE TWIN TERMS OF TRADE SHOCKS FROM CROP MSP AND OIL PRICES

Investors sentiment increased to 1.86 in Q4 2018. Its up 0.62, from 1.24 in 2018Q3. It increased, as 113 investors sold MPC shares while 185 reduced holdings. 145 funds opened positions while 409 raised stakes. 492.15 million shares or 27.79% more from 385.13 million shares in 2018Q3 were reported. Charles Schwab Investment Management Inc has invested 0.15% in Marathon Petroleum Corporation (NYSE:MPC). The New York-based Citigroup has invested 0.07% in Marathon Petroleum Corporation (NYSE:MPC). Sandy Spring National Bank & Trust holds 2,640 shares. Hl Service Ltd Llc, a Kentucky-based fund reported 37,480 shares. Charter Trust Communications reported 17,161 shares. Meiji Yasuda Life Ins has invested 0.07% in Marathon Petroleum Corporation (NYSE:MPC). Pittenger & Anderson Incorporated accumulated 57,355 shares. Martingale Asset Mgmt Limited Partnership reported 3,412 shares. Provise Mngmt Gp Limited Liability Co invested in 0.05% or 5,792 shares. Massmutual Trust Fsb Adv reported 30,298 shares. Linscomb Williams Incorporated has invested 0.03% in Marathon Petroleum Corporation (NYSE:MPC). Texas Permanent School Fund reported 138,957 shares or 0.14% of all its holdings. Nokota Mngmt LP holds 65,175 shares. Convergence Inv Ltd Com reported 66,764 shares. 14,459 are held by Stock Yards Bancorp.

First Republic Investment Management Inc, which manages about $25.99B and $16.46 billion US Long portfolio, decreased its stake in Royal Gold Inc (NASDAQ:RGLD) by 6,072 shares to 3,552 shares, valued at $304,000 in 2018Q4, according to the filing. It also reduced its holding in Ishares Tr (IEO) by 62,076 shares in the quarter, leaving it with 28,850 shares, and cut its stake in Spdr Series Trust (XRT).

More notable recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Seekingalpha.com which released: “Marathon Petroleum – Bigger Is Better In The Refining World – Seeking Alpha” on February 28, 2019, also Seekingalpha.com with their article: “Will The Rally Of Marathon Petroleum Resume? – Seeking Alpha” published on October 10, 2018, Seekingalpha.com published: “Marathon Petroleum closes Andeavor deal, creating largest U.S. refiner – Seeking Alpha” on October 01, 2018. More interesting news about Marathon Petroleum Corporation (NYSE:MPC) were released by: Fool.com and their article: “Marathon Petroleum’s Recent Acquisition Looks to Be Paying Off – Motley Fool” published on February 11, 2019 as well as Seekingalpha.com‘s news article titled: “Marathon Petroleum to invest $1.2B in Galveston Bay refinery – Seeking Alpha” with publication date: April 04, 2019.

Since November 19, 2018, it had 2 insider purchases, and 0 insider sales for $372,990 activity.

Discovery Capital Management Llc, which manages about $37.50 billion and $1.20 billion US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 432,400 shares to 233,200 shares, valued at $30.57M in 2018Q4, according to the filing. It also reduced its holding in Advanced Micro Devices Inc (NASDAQ:AMD) by 1.95M shares in the quarter, leaving it with 1.62M shares, and cut its stake in Grupo Financiero Galicia S A (NASDAQ:GGAL).

More notable recent Intelsat S.A. (NYSE:I) news were published by: Seekingalpha.com which released: “Vector Group: Why I Sold My Shares – Seeking Alpha” on April 16, 2019, also Seekingalpha.com with their article: “A Deep Dive Into Chevron’s Fundamentals For Dividend Investors – Seeking Alpha” published on April 17, 2019, Benzinga.com published: “JPMorgan Upgrades Intelsat (NYSE:I), Says Investors Overreacted To C-Band Spectrum Sale Obstacles – Benzinga” on April 03, 2019. More interesting news about Intelsat S.A. (NYSE:I) were released by: Fool.com and their article: “Why Intelsat Stock Fell 35% in March – The Motley Fool” published on April 04, 2019 as well as Seekingalpha.com‘s news article titled: “AmerisourceBergen: 10-Year, Full-Cycle Analysis – Seeking Alpha” with publication date: April 17, 2019.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart