5 Oil and Gas Stocks to Buy According to Mario Gabelli

2. UGI Corporation (NYSE:UGI)

Number of Hedge Fund Holders: 31

UGI Corporation (NYSE:UGI) distributes and transports energy products. Securities filings reveal that GAMCO Investors owned 100,059 shares of the company at the end of December 2021 worth $4.5 million, representing 0.03% of the portfolio. 

Major hedge funds are bullish on UGI Corporation (NYSE:UGI) as energy prices rise. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm First Eagle Investment Management is a leading shareholder in UGI Corporation (NYSE:UGI) with 8.6 million shares worth more than $396 million.