5 Best Stocks to Buy in 2022 According to Billionaire Julian Robertson’s Tiger Management

Page 5 of 5

1. Blackstone Inc. (NYSE:BX)

Tiger Management’s Stake Value: $75,085,000

Percentage of Tiger Management’s 13F Portfolio: 12.38%

Number of Hedge Fund Holders: 61

Blackstone Inc. (NYSE:BX) operates as an alternative asset management firm specializing in real estate, private equity, public debt and equity, and multi-asset class strategies. Blackstone Inc. (NYSE:BX) is the best stock to buy in 2022 according to billionaire Julian Robertson. As of March 31, Tiger Management owns more than 0.59 million shares of the company which amounts to a stake value of $75.08 million. The investment covers 12.38% of Tiger Management’s Q1 2022 investment portfolio.

By the end of the first quarter of 2022, 61 hedge funds were long Blackstone Inc. (NYSE:BX). The total stakes of these hedge funds were valued at $2.84 billion.

Third Avenue Management, an investment management firm, published its “Real Estate Value Fund” first-quarter 2022 investor letter in which it mentioned Blackstone Inc. (NYSE:BX). Here is what the firm said:

“Along these lines, funds affiliated with the Blackstone Group launched a takeover offer for one of the Fund’s holdings for the second time in the previous three quarters. In this case, the bid related to Preferred Apartment Communities, Inc. (NYSE:APTS)- a US-based Real Estate Investment Trust (“REIT”) that predominantly owns a portfolio of modern and well-located multi-family properties in the Sunbelt region as well as grocery-anchored retail properties across the same geographic footprint. While the Fund’s investment was only established in 2021, Blackstone’s (NYSE:BX) offer price represented a substantial premium to the Fund’s cost basis. The process undertaken by the Board to eliminate the disconnect between the company’s public and private market values also seemed robust.”

You can also take a look at 10 Latest Stock Picks of Legendary Investor Julian Robertson’s Tiger Management and Billionaire Julian Robertson’s Top 10 Stocks.

Page 5 of 5