5 Overlooked Large-Cap Stocks with Cheap Multiples

2. MPLX LP (NYSE:MPLX)

Number of Hedge Fund Investors in Q4 2022: 7

MPLX LP (NYSE:MPLX) is an energy company headquartered in Findlay, Ohio. The company is a midstream firm that transports and stores petroleum products. It has facilities all over America.

By the end of last year’s fourth quarter, seven of the 943 hedge funds part of Insider Monkey’s database had invested in the company. Out of these, MPLX LP (NYSE:MPLX)’s largest investor is Henry Breck’s Heronetta Management which owns 460,533 shares that are worth $15.1 million.

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