In this piece, we will take a look at the top five finance and investment stocks to invest in according to Paul Tudor Jones’s Tudor Investment Corp. If you want to learn more about the hedge fund, its founder, and other stocks, then head on to 10 Finance Stocks to Invest In According to Paul Tudor Jones’s Tudor Investment Corp.
5. Bill.com Holdings, Inc. (NYSE:BILL)
Tudor Investment Corp’s Stake Value: $18.6 million
Percentage of Tudor Investment Corp’s 13F Portfolio: 0.31%
Number of Hedge Fund Holders: 65
Bill.com Holdings, Inc. (NYSE:BILL) is a software provider that allows companies to manage their financial operations. It provides a cloud based platform that uses artificial intelligence to foster connectivity between companies, their suppliers, and their clients.
Tudor Investment Corporation owned 74,809 Bill.com Holdings, Inc. (NYSE:BILL) shares during the fourth quarter of last year. These were worth $18.6 million and represented 0.31% of its investment portfolio. A Q4 2021 Insider Monkey poll of 924 hedge funds revealed that 65 had owned the company’s shares.
Bill.com Holdings, Inc. (NYSE:BILL) raked in $156 million in revenue and $0.00 in non-GAAP EPS for its fiscal Q2, beating analyst estimates for both. BMO Capital raised the company’s price target to $258 from $209 in February 2022, as it stated that not only has the company been posting consecutive quarterly growth, but that its strong earnings came at a time when the industry was struggling.
Bill.com Holdings, Inc. (NYSE:BILL)’s largest investor is Alex Sacerdote’s Whale Rock Capital Management which owns 3.4 million shares worth $859 million.
Alger mentioned the company in its fourth quarter 2021 investor letter and outlined that:
“Bill.com Holdings, Inc., was among the top detractors from performance. Bill.com provides cloud-based software solutions that simplify, digitize, and automate complex back-office financial operations for small and medium size businesses. Its software helps customers to generate and process invoices, streamline approvals, send and receive payments, synchronizing data with their accounting system and manage their cash.”
4. MGM Growth Properties LLC (NYSE:MGP)
Tudor Investment Corp’s Stake Value: $21 million
Percentage of Tudor Investment Corp’s 13F Portfolio: 0.35%
Number of Hedge Fund Holders: 30
MGM Growth Properties LLC (NYSE:MGP) is a real estate investment trust that targets entertainment and leisure properties. These include venues such as casinos, hotels, conventions centers, and others. The company has millions of square footage under its portfolio.
MGM Growth Properties LLC (NYSE:MGP) reported $199 million in revenue and $0.60 in FFO for its fiscal fourth quarter, in a strong set of results that saw it beat analyst estimates for both. The company increased its annual dividend in March 2022 by 2 cents.
By the end of Q4 2021, Tudor Investment Corporation owned 524,623 MGM Growth Properties LLC (NYSE:MGP) shares which were worth $21 million and represented 0.35% of its investment portfolio. An Insider Monkey poll covering 924 hedge funds for the same time period revealed that 30 had also owned the company’s shares.
MGM Growth Properties LLC (NYSE:MGP)’s largest investor is Alec Litowitz and Ross Laser’s Magnetar Capital which owns 3.2 million shares worth $132 million.
3. TriState Capital Holdings, Inc. (NASDAQ:TSC)
Tudor Investment Corp’s Stake Value: $22 million
Percentage of Tudor Investment Corp’s 13F Portfolio: 0.37%
Number of Hedge Fund Holders: 22
TriState Capital Holdings, Inc. (NASDAQ:TSC) is a bank holding company for the TriState Capital Bank. This bank provides a wide variety of financial services such as accounts, deposit certificates, loans, income advisory services, and online services.
Mr. Tudor’s investment firm owned 750,013 TriState Capital Holdings, Inc. (NASDAQ:TSC) shares as the fourth quarter of last year came to an end. These were worth $22 million and represented 0.37% of its investment portfolio. During the same time period, 22 of the 924 hedge funds surveyed by Insider Monkey had invested in the firm, marking an all time high since 2013.
TriState Capital Holdings, Inc. (NASDAQ:TSC) earned $67 million in revenue and $0.52 in GAAP EPS for its fiscal fourth quarter, beating analyst estimates for both. B. Riley increased the bank holding company’s price target from $28 to $31 in October 2021.
Israel Englander’s Millennium Management is TriState Capital Holdings, Inc. (NASDAQ:TSC)’s largest investor. It has a stake that is worth $44 million by owning 1.4 million shares.
2. B. Riley Financial, Inc. (NASDAQ:RILY)
Tudor Investment Corp’s Stake Value: $29.8 million
Percentage of Tudor Investment Corp’s 13F Portfolio: 0.5%
Number of Hedge Fund Holders: 25
B. Riley Financial, Inc. (NASDAQ:RILY) is an investment banking and financial services provider that is headquartered in the United States. The firm focuses exclusively on corporations, financial institutions, and high net worth individuals as its clients.
By the end of its fourth fiscal quarter, B. Riley Financial, Inc. (NASDAQ:RILY) earned $422 million in revenue and $2.08 in GAAP EPS. The company’s attempt to acquire RV firm Lazydays was rejected by the latter’s board of directors in March 2022, as the board stated that the financial company’s offer undervalued their company.
Tudor Investment had a $29.8 million stake in B. Riley Financial, Inc. (NASDAQ:RILY) by the end of 2021’s final quarter. This came through it owning 336,465 shares and it represented 0.5% of the investment firm’s portfolio. 25 out of the 924 hedge funds polled by Insider Monkey during the same time period also owned the company’s shares.
B. Riley Financial, Inc. (NASDAQ:RILY)’s largest investor is Chuck Royce’s Royce & Associates which owns 371,889 shares worth $33 million.
1. American National Group, Inc. (NASDAQ:ANAT)
Tudor Investment Corp’s Stake Value: $43.9 million
Percentage of Tudor Investment Corp’s 13F Portfolio: 0.73%
Number of Hedge Fund Holders: 23
American National Group, Inc. (NASDAQ:ANAT) is an insurance provider headquartered in Galveston, Texas, United States. Its products cover life, property, casualty, and health insurance alongside others.
Mr. Tudor’s investment firm owned 232,673 American National Group, Inc. (NASDAQ:ANAT) shares by the end of Q4 2021, which were worth $43 million and represented 0.73% of its investment portfolio. Insider Monkey’s research covering 924 hedge funds for the same time period revealed that 23 had owned a stake in the company.
American National Group, Inc. (NASDAQ:ANAT) earned non-GAAP EPS of $2.87 for its fiscal first quarter. The company is being bought by Brookfield National for an all cash transaction that is worth $5.1 billion. The merger is expected to close by the end of the first half of this year.
After Tudor Investment Corporation, Israel Englander’s Millennium Management is American National Group, Inc. (NASDAQ:ANAT)’s largest investor. It owns 196,716 shares that are worth $37 million.
Disclosure: None. You can also take a look at 10 Companies that Benefit From Crypto Mining and 10 Best Solar Energy Stocks To Buy Now.
