Glenview Capital Management was established in 2000 by American hedge fund manager Larry Robbins. Companies that have shown steady growth over the years and belong to stable industries are among his favorite investments. Glenview Capital’s CEO and portfolio manager is currently Glenview Capital’s CEO and portfolio manager. In the third quarter of 2021, the 13F portfolio value of Glenview Capital fell by 9% to $5.4 billion. There was a 21.1 percent gain in the fund’s healthcare-heavy portfolio in 2013. Alphabet Inc. and Uber Technologies, Inc. are two of Glenview Capital’s largest holdings.
Insider Monkey focuses on the 10 best dividend stocks in Larry Robbins’ portfolio. Because of the spin-off, Baxter International Inc. reduced its annual dividend in 2015. However, the company has since started increasing its dividend and now pays out a quarterly dividend of $0.28 per share. This was the sixth year in a row that the company’s dividend has increased. As of Q3 2021, Glenview Capital had 10 percent more of a stake in the stock of AmerisourceBergen. Larry Robbins owned 4.12 percent of the company. Also, Citadel Investment Group was one of the company’s major shareholders. German banking giant Deutsche Bank has raised its price target for the stock to $100 from $90. Larry Robbins owned 1.89 percent of the company. When Glenview Capital increased its stake in DuPont de Nemours by 23 percent, it held over 1.5 million shares of the company. Norfolk Southern Corporation was owned by 46 hedge funds tracked by Insider Monkey at the end of the third quarter, down from 58 funds the previous quarter. At $1.24 per share, the company’s quarterly dividend has grown by 14 percent and now yields 1.82 percent. FMC Corporation is an agricultural sciences-focused American chemical manufacturer. Redburn began its coverage of the stock with a Buy rating in January of this year. Financial services company FMC Corporation had a $70.7 billion stake in Glenview Capital in Q3 2021. For more details, click 10 Best Dividend Stocks According To Billionaire Larry Robbins’ Glenview Capital.