Funds Holding Top Five Value Stocks

Each weekday, TheStreet.com Ratings compiles a list of the top five stocks in five categories -- fast-growth, all-around value, large-cap, mid-cap and small-cap -- and publishes these lists in the Ratings section of our Web site.

For investors who prefer the diversification offered by mutual funds to owning individual stocks, here are some of the biggest holders of the companies that were on our top-five value list as of Tuesday, Oct. 2.

L-3 Communications Holdings(LLL Quote):

(SHRAX Quote)Legg Mason Partners Aggressive Growth had 2.52% of shares outstanding as of Feb. 28, which represented 2.78% of the fund's portfolio, according to Thomson Financial.

Petrobras-Petroleo Brasileiro(PBR Quote):

(FLPSX Quote)Fidelity Low-Priced Stock held 9.8 million shares as of Jan. 31, which represented 1.42% of the fund's assets, according to Thomson Financial.

Hess(HES Quote):

American Funds' (AGTHX Quote)Growth Fund of America allocated 0.24% of the fund's resources as of June 30, according to the American Funds Web site. It held 7.5 million shares, more shares outstanding than any other fund.

Murphy Oil(MUR Quote):

American Funds'(symbol Quote)Washington Mutual Investors Fund held more than 4.34 million shares on June 30, which was only 0.55% of its total assets, according to its Web site.

Telefonos de Mexico(TFONY Quote):

This stock is not widely held by U.S. mutual funds.