JANA Partners LLC, a hedge fund manager, was founded by Barry Rosenstein. He began his career as a mergers and acquisitions specialist at an investment bank. His hedge fund was established in 2001 with a value-oriented and event-driven strategy for stock selection. JANA Partners has an eight-stock 13F portfolio worth $1.4 billion with a turnover ratio of 20.25 percent. The hedge fund owns long-term stakes in the companies and has a track record of strategically changing the functions of its targets.
Insider Monkey discusses the 8 best stocks to buy according to Billionaire Barry Rosenstein’s Jana Partners. CyrusOne Inc. is the third-largest provider of data centers in the United States. It is Barry Rosenstein’s Jana Partners’ eighth-largest holding. The firm presently makes up 2.51 percent of the hedge fund’s holdings. Vonage Holdings Corp. is a telecommunications and software firm based in the United States. Over 1 million developers have enrolled with the company, which serves around 100,000 enterprises around the world. Jana Partners owns 5.8 million shares of c worth $68.5 million as of Q1 2021. The sixth-largest holding of Barry Rosenstein’s Jana Partners is Jana Partners. The trust has 240,347 shares worth $95.2 million, which the fund owns. The SPY stock has returned 19.29 percent to stockholders since the beginning of the year. For more details, click Best Stocks to Buy According to Billionaire Barry Rosenstein’s Jana Partners.