5 Best Stocks to Buy Now According to Jonathan Bloomberg’s BloombergSen

Page 5 of 5

1. Colliers International Group Inc. (NASDAQ:CIGI)

BloombergSen’s Stake Value: $179 million

Percentage of BloombergSen’s 13F Portfolio: 11.07%

Number of Hedge Fund Holders: 13

Colliers International Group Inc. (NASDAQ:CIGI) is a real estate and investment management company based in Toronto, Canada. The firm real estate services such as brokerage and transaction management, alongside providing other services such as corporate and workforce solutions.

For its Q2 2022 investment portfolio, BloombergSen held a $179 million stake in Colliers International Group Inc. (NASDAQ:CIGI). This came through the fund owning 1.6 million shares of the company and it represented 11.07% of its investment portfolio. Insider Monkey profiled 895 hedge funds to gauge their second quarter of 2022 investments and discovered that 13 had also bought the company’s shares.

Colliers International Group Inc. (NASDAQ:CIGI) is one of the top five real estate brokerages in the world, and the bulk of its revenue is recurring in nature, implying that it does not have to scour for new clients to generate sales. Since the firm has a global footprint, this scale lends it a key advantage to gain large market shares in multiple markets where other smaller companies face economies of scale disadvantages.

Colliers International Group Inc. (NASDAQ:CIGI)’s largest investor after BloombergSen is Zachary Sternberg and Benjamin Stein’s Spruce House Investment Management which owns one million shares that are worth $109 million.

Disclosure: None. You can also take a look at 10 Healthcare Dividend Stocks with Over 3% Yield and 10 Best Cheap Technology Stocks To Buy.

Page 5 of 5