Billionaire Marc Lasry’s Top 5 Stock Picks

2. Amplify Energy Corp. (NYSE:AMPY)

Avenue Capital’s Q2 2023 Investment: $17.3 million

Number of Hedge Fund Investors in Q2 2023: 15

Amplify Energy Corp. (NYSE:AMPY) is the second energy royalty company on our list with a similar operations base as Sitio Royalties. Seems like Marc Lasry and Avenue Capital believe there might be potential for these firms to grow in the future since the energy royalty sector is the only one with two companies on our list of Marc Lasry’s top stock picks.

Insider Monkey scoured through 910 hedge fund portfolios for their second quarter of 2023 investments to find 15 Amplify Energy Corp. (NYSE:AMPY) investors. Marc Lasry’s Avenue Capital holds the largest stake among these, which is worth $17.3 million.

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