5 Large-Cap Stocks to Buy According to Matthew Tewksbury’s Stevens Capital

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1. CME Group Inc. (NASDAQ:CME)

Stevens Capital Stake Value: $17,698,000
Percentage of Stevens Capital’s 13F Portfolio: 5.18%
Number of Hedge Fund Holders: 62

CME Group Inc. (NASDAQ:CME), which runs contract markets for trading futures and options on futures contracts worldwide, stands first on the list of 10 large-cap stocks to buy according to Matthew Tewksbury’s Stevens Capital.

Matthew Tewksbury’s Stevens Capital increased its hold in CME Group Inc. (NASDAQ:CME) by 11% in the second quarter, ending the period with 83,213 shares of the company. The fund has a $17.70 million stake in the company. Overall, 62 hedge funds in Insider Monkey’s database of 873 funds are bullish on the company. On October 14, CME Group Inc. (NASDAQ:CME) was upgraded at Atlantic Equities to “Overweight” from “Neutral” with a price target of $230.

In August, CME Group Inc. (NASDAQ:CME) announced a quarterly dividend of $0.90 per share, in line with the previous. GuardCap Asset Management is the company’s leading shareholder, with $798.77 million stake in CME Group Inc. (NASDAQ:CME).

Cooper Investors, an investment management firm, in its first-quarter 2021 investor letter, mentioned CME Group Inc. (NASDAQ:CME). Here is what the fund said:

“CME has been owned by the portfolio for five years. CME’s strategic positioning as a monopolistic global financial exchange operator will continue to afford the business a highly attractive margin profile. CME is well managed however we can no longer identify clear value latency opportunities for the management team to execute against and so decided to exit our position.”

You can also take a peek at 15 Best Short Squeeze Stocks To Buy Now and Top 10 Stocks to Buy According to Charles Pollnow’s Triple Frond Partners

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