Cullen Capital Administration, LLC, working underneath the identify Schafer Cullen Capital Administration, Inc. (SCCM), has launched its “SCCM Enhanced Fairness Revenue Fund” second-quarter investor letter. A duplicate of the letter might be downloaded right here. US equities surged within the second quarter, with the S&P 500 gaining 10.9% whereas the Russell 1000 Worth was up 3.8%. The composite underperformed each of its benchmarks within the second quarter, returning -1.2% (internet) in comparison with a 1.9% return by the S&P 500 Purchase-Write Index (BXM) and a 3.7% return by the SPDR Bloomberg Excessive Yield Bond ETF (JNK). As well as, you possibly can verify the fund’s high 5 holdings to find out its greatest picks for 2025.
In its second-quarter 2025 investor letter, SCCM Enhanced Fairness Revenue Fund highlighted shares akin to ConocoPhillips (NYSE:COP). ConocoPhillips (NYSE:COP) produces, transports, and markets crude oil, bitumen, pure gasoline, liquefied pure gasoline (LNG), and pure gasoline liquids. The one-month return of ConocoPhillips (NYSE:COP) was 6.69%, and its shares misplaced 13.02% of their worth over the past 52 weeks. On August 29, 2025, ConocoPhillips (NYSE:COP) inventory closed at $98.97 per share, with a market capitalization of $123.608 billion.
SCCM Enhanced Fairness Revenue Fund acknowledged the next concerning ConocoPhillips (NYSE:COP) in its second quarter 2025 investor letter:
ConocoPhillips (NYSE:COP) – The inventory was bought within the technique throughout the quarter. ConocoPhillips is a number one unbiased exploration and manufacturing firm with a world portfolio of low-cost, high-return property and a disciplined capital allocation technique. The corporate is approaching a free money stream inflection as capital spending on main long-cycle tasks begins to roll off in 2H25, bettering its skill to return capital to shareholders. Administration targets returning roughly 45% of working money stream by way of dividends and buybacks, supported by effectivity beneficial properties and a robust stability sheet. COP trades at 14.4x 2025 EPS and provides an ~8% capital return yield, presenting a gorgeous entry level amid a constructive long-term oil backdrop.
ConocoPhillips (NYSE:COP) is just not on our checklist of 30 Most Well-liked Shares Amongst Hedge Funds. As per our database, 72 hedge fund portfolios held ConocoPhillips (NYSE:COP) on the finish of the second quarter, which was 70 within the earlier quarter. Whereas we acknowledge the potential of ConocoPhillips (NYSE:COP) as an funding, we imagine sure AI shares provide larger upside potential and carry much less draw back danger. Should you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.
