Insider Monkey published an article on Billionaire Paul Tudor Jones’ Top 10 Stock Picks and Latest Portfolio. Jones is a billionaire and hedge fund manager who founded Tudor Investment Corporation, which is known for global macro trading, fundamental equity investing in international markets, venture capital, commodities, event-driven strategies, and technical trading systems.
Here is a summary of Jones’ stock picks.
The First would be from iShares: Tudor’s bought 115,435 shares worth $43.78 million. Alexion Pharmaceutical would be next, a company that makes several treatments for autoimmune diseases. In 2020, their revenue jumped 15.2%, which is almost $1.59 billion. Jones’ hedge fund also has stocks in Airbnb worth $52.11 million, in ConocoPhillips, and SPDR S&P 500 ETF Trust.
Liberty Broadband, a telecom and cable company ranks 5th on the list. The firm set a $735 price target on the stock. In the fourth quarter, Liberty’s revenue jumped 870% to $33.87 million.
Grubhub is an online platform for food pick-up and delivery orders. The hedge fund upped its stake in the company by 70%. The fund owns 1.13 million shares of the company, worth over $84.14 million. Collaboration software Slack ranks 3rd. The hedge fund increases its stake by 1845%, at 2.2 million shares worth $93.45 million.
The top two on Jones’ list would enterprise software company C3.ai Inc. The fund owns 50,000 shares of the company, worth $104.1 million, and on number 1 would be Tiffany/LVMH. Tudor Investment Corp. currently holds 825,391 shares of LVMH Moët Hennessy – Louis Vuitton that amounts to $108.5 million and is 3.06% of their total portfolio.
Read more of Billionaire Paul Tudor Jones’ Top 10 Stock Picks and Latest Portfolio here.