Shashin Shah is the founder and portfolio manager of Think Investments, a hedge fund based in San Francisco. He graduated from the University of Mumbai with a bachelor’s degree in computer engineering. Before starting his hedge fund, Shashin worked as an analyst for Blue Ridge Capital and Morgan Stanley. Think Investments added seven new stocks to its portfolio in the third quarter. Amazon.com, Inc. is a stock in which the investor has a $44.35 million investment. Sea Limited is owned by the investor, who owns a $120.13 million stake.
Here is Insider Monkey’s list of top 10 stock picks of Shashin Shah’s Think Investments. Think Investments has 213,800 shares of QUALCOMM Incorporated, valued at $27.58 million and accounting for 3.17 percent of the fund’s total assets. The Select Equity Group of Robert Joseph Caruso is QCOM’s largest shareholder. On November 16, MercadoLibre, Inc. announced the pricing of a $1.55 billion public offering of 1 million common equity shares at $1,550 per share. The net proceeds will be used to help the organization achieve its long-term objectives. Revenue at Affirm Holdings, Inc. increased by 54.8 percent year over year to $269.4 million. Melvin Capital Management holds 3.20 million shares worth $381.22 million, the most of any hedge fund tracked by Insider Monkey. Coupang, Inc. reported earnings of -$0.19 per share, which fell short of analyst projections by $0.01. Coupang’s price objective has been cut to $32 from $40 by Mizuho analyst James Lee. Futu Holdings Limited is an online brokerage and wealth management platform established in Hong Kong. The stock has risen 14.49 percent in the last year and 3.17 percent so far this year. Futu Holdings was downgraded from “Overweight” to “Equal Weight” by a Morgan Stanley analyst in October. For more details, click Top 10 Stock Picks Of Shashin Shah’s Think Investments.