🟨👀 2 Billionaires Buy More Oil and Gas Stock
And a founder/CEO buys $6M of their own stock
Happy Easter Weekend!
I hope you all have a great weekend. Let’s look at the top trades from the last week.
Buying the Bank that Acquired SVB’s assets
Below are a couple of my favorite trades from Yellowbrick this week.
Yellowbrick is our main project and is a social investing platform where users connect their brokerage and anonymously share their trades (with the reason they bought the trade), holdings, and returns. You can see a feed of the best trades from other users on Yellowbrick alongside the public profiles we curate like Nancy Pelosi and the CEOWatcher account.
Booking 1100% profits on TSLA
Buying the AI 0.00%↑ dip after the short report
Top CEO Trades of the Week
Reminder: you can read about how CEO Watcher works and how we calculate returns and win rates here
Buffett and Icahn buy more Oil and Gas
Buffett increased his holdings (link) of OXY by 2% by buying $216M of the stock at ~$59/share (currently $63)
Icahn increased his holdings of SWX (link) by 1% by picking up another $18.5M at $60.15/share (currently $60.39)
TotalEnergies - 10% Owner and Director at CWEN 0.00%↑ (link)
TotalEnergies made a killing during the COVID crash by buying a TON of Sunpower Corp (SPWR) between February and April of 2020. This is now their first purchase since April 2020 and they are buying another energy company.
Returns and Win Rate
Overall: 161% returns with a 100% win rate (19/19 trades)
1-year: 218% returns with a 100% win rate (19/19 trades)
90-day: 55% returns with an 84% win rate (16/19 trades)
Purchase Data (this week)
Total Amount Purchased: $2,242,350
Purchase Price: $31.15
Current Price: $31.70 (+1%)
Rating
Rating: 8
Why: It checks nearly all of the boxes. They have a killer win rate and returns, the stock is down over 20% in the last year, and the purchase is sizable. The only things holding this back from being a 9/10 are that it’s not an abnormally large purchase for them (it’s pretty average) and almost all of their returns come from just buying a ton of Sunpower Energy during the COVID crash.
Joshua James - Founder and CEO at DOMO 0.00%↑ (link)
This is only his third-ever purchase of the stock, but it is very large and his previous two have worked out very well (at least for the 90-day and 1-year returns).
Previous Purchases
$10.2M on 2019-09-10 (+135% 1-year returns)
$2.1M on 2018-07-03 (+35% 1-year returns)
Returns and Win Rate
Overall: -6% returns with a 0% win rate (0/2 trades)
1-year: 67% returns with a 100% win rate (2/2 trades)
90-day: 12% returns with a 100% win rate (2/2 trades)
Purchase Data (this week)
Total Amount Purchased: $6,065,740
Purchase Price: $14.11
Current Price: $14.61 (+3.5%)
Rating
Rating: 7
Why: The stock is down almost 85% since the end of 2021 and Josh is finally buying the dip. It’s a very sizable purchase (and his second largest) and the last two have worked out very well over the next year, so this looks promising.
Value Capital Partners - 10% Owner and Director at LSAK 0.00%↑ (link)
TotalEnergies made a killing during the COVID crash by buying a TON of Sunpower Corp (SPWR) between February and April of 2020. This is now their first purchase since April 2020 and they are buying another energy company.
Returns and Win Rate
Overall: 13% returns with an 83% win rate (20/24 trades)
1-year: 35% returns with a 94% win rate (16/17 trades)
90-day: 18% returns with an 83% win rate (19/23 trades)
Purchase Data (this week)
Total Amount Purchased: $292,652
Purchase Price: $4.77
Current Price: $4.27 (-10%)
Rating
Rating: 5
Why: Very good win rates with respectable 18% ninety-day returns and 35% one-year returns. The size of the purchase is on the lower end, but they have been buying the stock since it bottomed below $4 in September.
Join Yellowbrick to find your next trade idea by seeing a feed of the top trades!
Have a great Easter!
Connor