Higgins graduated from Villanova University with a B.S. in Business Administration in 1987. He began his financial career with First Boston’s Merchant Banking Group. With fellow millionaire Francis Biondi, he founded King Street Capital Management in 1995. The firm’s New York-based investment firm was co-managed by the two individuals. The public stock and fixed income markets are crucial to hedge fund manager Brian Higgins’ investment approach. The fund’s portfolio is diversified over nine key sectors, with the Communications Services sector accounting for 19.7% of the entire portfolio value.
Insider Monkey looks towards the 10 stocks to buy under $50 according to Brian Higgins’ King Street Capital. Cornerstone Building Brands, Inc. was ranked tenth. 25 hedge funds in Insider Monkey’s database had positions totaling $818.7 million at the end of the second quarter of 2021. The company, which is based in Nevada, owns and runs resorts and casinos worldwide. Wells Fargo & Company came in eighth. The corporation is valued at $197.60 billion and is situated in California. 94 hedge funds in Insider Monkey’s database had positions worth $7.08 billion at the end of the second quarter of 2021. UWM Holdings Corporation is ranked seventh. Twenty hedge funds in Insider Monkey’s database held holdings in the company worth $66.7 million at the end of the second quarter of 2021. According to Brian Higgins’ King Street Capital, MGIC Investment Corporation is the sixth best stock to purchase. The company provides private mortgage insurance. On August 4, the corporation released its quarterly earnings report for the second quarter of 2021, with earnings per share of $0.44. For more details, click 10 Stocks To Buy Under $50 According To Brian Higgins’ King Street Capital.