5 Stocks to Buy According to Don Morgan’s Brigade Capital

Page 5 of 5

1. Valaris Limited (NYSE:VAL)

Brigade Capital’s Stake Value: $25,922,000
Percentage of Brigade Capital’s 13F Portfolio: 2.9%
Number of Hedge Fund Holders: 40

Valaris Limited (NYSE:VAL) is an offshore contract drilling firm that provides services to the global oil and gas industry. According to the 13F filings for the second quarter of 2022, Brigade Capital held over 613,690 shares of Valaris Limited (NYSE:VAL), amounting to more than $25.92 million and representing 2.9% of the fund’s portfolio. Valaris Limited (NYSE:VAL) has featured on Morgan’s portfolio since the second quarter of 2021.

As of the end of the second quarter of 2022, 40 hedge funds had ownership positions in Valaris Limited (NYSE:VAL), up from 39 hedge funds a quarter earlier. Magnetar Capital, with a nearly $953.61 million stake, is a significant shareholder of Valaris Limited (NYSE:VAL).

You can also take a peek at 10 Stocks to Buy According to Kevin McCarthy’s Breakline Capital and 10 Stocks to Buy According to Mark McMeans’ Brasada Capital Management.

Page 5 of 5