Top 5 Stock Picks of Invenomic Capital Management

3. Bonanza Creek Energy, Inc. (NYSE:BCEI)

ICM’s Stake Value: $7.8 million

Percentage of ICM’s 13F Portfolio: 1.86%

Number of Hedge Fund Holders: 21

Bonanza Creek Energy, Inc. (NYSE: BCEI) is an energy company headquartered in Denver, Colorado. It is involved in the extraction of oil and natural gas across the United States. Invenomic Capital Management holds over 0.16 million shares in the company after a decrease in stake by 6% in the second quarter of 2021.

The hedge fund Driehaus Capital is the leading stakeholder in Bonanza Creek Energy, Inc. (NYSE: BCEI) with over 0.6 million shares, representing 0.4% of their portfolio in the Q2 of 2021.