In this article we take a look at Jacob Rothschild’s Q1 portfolio. If you want to read our detailed analysis of Rothschild’s investment philosophy and some of the top stocks in his portfolio, go directly to 10 Best Stocks to Buy According to Jacob Rothschild’s RIT Capital.
5. The Walt Disney Company (NYSE: DIS)
RIT Capital’s Stake Value: $36,797,000
Percent of RIT Capital’s 13F Portfolio: 3.9%
Number of Hedge Fund Holders: 134
The Walt Disney Company (NYSE: DIS) is an American mass media and entertainment company operating globally. It is one of the biggest companies with a $320 billion market cap. At the end of Q1 2021, Jacob Rothschild’s RIT Capital owns 199,400 shares in the company, worth $36 million.
The Walt Disney Company (NYSE: DIS) generated a revenue of over $15.6 billion in fiscal Q2. The earnings per share EPS stood at $0.72, up from $0.60 a quarter earlier. The stock has also soared by 56.7% in the past year but declined 0.62% year to date.
Harding Loevner, an investment management firm, published its Q4 2020 investor and mentioned The Walt Disney Company (NYSE: DIS). Here is what the firm has to say:
“One of the original constituents of the Nifty Fifty holds a place in our portfolio today. When we bought Disney three years ago, we wrote that “we view Disney theme parks in the US, Europe, and China as resistant to online substitution.” We did not reckon on a pandemic, which closed all of them, and sent all of us to our couches. Disney, however, was ready for us, brilliantly illustrating the importance of management foresight and change management. Or, as Louis Pasteur said, “chance favors the prepared mind.”
A century after its founding in 1923, Disney is in the middle of a bold shift from its legacy media networks & entertainment model—with cable TV, theme parks, and theater films dominating its earnings—to a direct-to-consumer streaming media model. The keys to Disney’s transition: matchless storytelling, coupled with financial strength. The company reliably creates content that people all over the world are eager to consume. It also hastened spending on original content to attract subscribers to its new streaming platform. These factors have allowed Disney to weather the pandemic having expanded its direct engagement with customers. Such connections yield a rich harvest of insights used to customize offerings on a mass scale, reinforcing that engagement in a virtuous circle and thereby raising the lifetime value of each customer. Subscribers to Disney+ reached 86.8 million one year after launch, compared to the 60 – 90 million management projected to reach in 2024. To be sure, Netflix, Apple, and Amazon remain formidable competitors in new-era streaming entertainment (mind what we said about everyone standing up at once), but there’s fight left in this old dog.”
4. Visa Inc. (NYSE: V)
RIT Capital’s Stake Value: $47,106,000
Percent of RIT Capital’s 13F Portfolio: 4.99%
Number of Hedge Fund Holders: 164
Visa Inc. (NYSE: V) is an American multinational financial services company and operates in digital payments globally. By the end of Q1 2021, RIT Capital owns 222,000 shares in the company, worth $47 million.
Visa Inc. (NYSE: V) reported a revenue of over $5.72 billion or $1.38 basic EPS in Q1, compared with $5.6 billion a quarter earlier. The stock is also up by 7.14% year to date. RIT Capital has increased its stake in Visa Inc. (NYSE: V) by 39% in Q1, making it one of the best stocks to buy according to Jacob Rothschild’s RIT Capital.
As of Q1, 164 hedge funds tracked by Insider Monkey hold stakes in Visa Inc. (NYSE: V), with a total value of $26.5 billion.
An investment management firm, ClearBridge Investments, published its ‘Select Strategy’ Q1 2021 investor letter and mentioned Visa Inc. (NYSE: V). Here is what the firm has to say:
“To make room for these new names with more attractive outlooks related to the reopening, we sold out of companies where the thesis is not playing out at the pace we expected including Visa.”
3. Alphabet Inc. (NASDAQ: GOOG)
RIT Capital’s Stake Value: $48,406,000
Percent of RIT Capital’s 13F Portfolio: 5.13%
Number of Hedge Fund Holders: 185
Google’s parent company, Alphabet Inc. (NASDAQ: GOOG), is the third-largest holding of RIT Capital’s 13F portfolio. As of Q1 2021, the fund has not changed its position in the company and owns its 23,400 shares, worth $48.4 million.
Alphabet Inc. (NASDAQ: GOOG) had a productive quarter, as the company reported revenue of $55.3 billion in Q1 2021, compared with $41.1 billion during the same period last year. The GOOG stock is one of the most expensive stocks to buy, currently trading at over $2,400. Moreover, the stock price has also grown by 40.6% year to date.
Artisan Partners, a high value-added investment management firm, published its first-quarter ‘Artisan Value Fund’ investment letter. Here is what the firm has to say about Alphabet Inc. (NASDAQ: GOOG):
“Large-cap tech companies have been resilient through the pandemic—Alphabet among them. A top contributor, Alphabet’s Play Store and Google Cloud are in demand as businesses accelerate online activity which, along with strong YouTube user growth, is helping stabilize temporarily weaker search ad revenue trends. Through the lens of our disciplined bottom-up research process, we view Alphabet as one of the best businesses in the world, capable of expanding revenues at a rapid rate for years to come, with a bullet proof balance sheet and an average asking price. It’s a name we’ve owned since 2012 and for which we continue to have high hopes regarding future prospects.”
2. IQVIA Holdings Inc. (NYSE: IQV)
RIT Capital’s Stake Value: $65,750,000
Percent of RIT Capital’s 13F Portfolio: 5.91%
Number of Hedge Fund Holders: 62
IQVIA Holdings Inc. (NYSE: IQV) is an American multinational company operating in health information technology and clinical research. The company has served over 1 billion patients. As of Q1 2021, RIT Capital owns 288,650 shares of the company, worth $55.7 million.
IQVIA Holdings Inc. (NYSE: IQV) reported revenue of $3.4 billion in Q1, up from $2.7 billion during the same period last year. The stock’s performance suffered due to the Covid-19 pandemic, when it hit an all-time low of $91 in March 2020. However, the stock price has soared by 38% year to date and 65% in the past year, making it one of the best stocks to buy according to Jacob Rothschild’s RIT Capital.
1. Coupang, Inc. (NYSE: CPNG)
RIT Capital’s Stake Value: $620,534,000
Percent of RIT Capital’s 13F Portfolio: 65.78%
Number of Hedge Fund Holders: 40
Coupang, Inc. (NYSE: CPNG) tops our list of the best stocks to buy according to Jacob Rothschild’s RIT Capital. It is an e-commerce company based in Seoul, South Korea. The company went public in March 2021 and raised $4.6 billion in its initial public offering IPO. RIT Capital owns over 16.2 million shares of the company, worth $620.5 million.
Coupang, Inc. (NYSE: CPNG) reported a revenue of over $4.2 billion in Q1 2021. The shares of the company are also up by 2% in the past month.
Out of 866 hedge funds in Insider Monkey’s database, 40 funds hold positions in Coupang, Inc. (NYSE: CPNG), which is a promising start for a newly public company. The total value of these stakes is over $21.6 billion.
You can also take a peek at 10 Best Stocks to Buy According to Billionaire Mason Hawkins and 10 Best Dividend Stocks to Buy According to Billionaire Philippe Laffont
