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2. Capri Holdings Limited (NYSE:CPRI)

Number of Hedge Fund Holders: 44

Oliver Chen of Cowen appreciated the operational transformation of Capri Holdings Limited (NYSE:CPRI) during the pandemic while noting the company’s execution. This August, the firm lifted its price target on the company to $75, with a Market Perform rating on the shares.

As of Q2, 44 hedge funds tracked in the Insider Monkey database reported having stakes in Capri Holdings Limited (NYSE:CPRI), down from 47 in the previous quarter. The total value of these stakes is $891.1 million.