5 Finance and Investment Stocks to Buy Today According to Israel Englander’s Millennium Management

Page 5 of 5

1. Morgan Stanley (NYSE:MS)

Millennium Management’s Stake Value: $306 million

Percentage of Millennium Management’s 13F Portfolio: 0.15%

Number of Hedge Fund Holders: 65

Morgan Stanley (NYSE:MS) is an American investment bank that is based out of New York, New York, United States. It offers financial products and services to all kinds of customers such as individuals, financial institutions, corporations, and governments.

Morgan Stanley (NYSE:MS) raked in $14.8 billion in revenue and $2.06 in non-GAAP EPS as part of its fiscal first quarter earnings, beating analyst estimates for both revenue and EPS. The bank is allegedly a key player in billionaire Elon Musk’s $43 billion attempt to acquire Twitter, reported the New York Times in April 2022.

By the end of the fourth quarter of last year, Millennium Management owned 3 million Morgan Stanley (NYSE:MS) shares which were worth $306 million. During the same time period, 65 of the 924 hedge funds polled by Insider Monkey had also held the bank’s shares.

Boykin Curry’s Eagle Capital Management is Morgan Stanley (NYSE:MS)’s largest investor. It owns 14 million shares that are worth $1 billion.

Disclosure: None. You can also take a look at 10 Dividend Stocks to Buy According to Billionaire Jeffrey Talpins and 12 Best Large-cap Biotech Stocks To Buy Now.

Page 5 of 5