5 Latest Stock Picks of Billionaire Ray Dalio

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1. Levi Strauss & Co. (NYSE:LEVI)

Bridgewater Associates’ Stake Value: $3,319,000
Percent of Bridgewater Associates’ 13F Portfolio: 0.01%
Number of Hedge Fund Holders: 30

Levi Strauss & Co. (NYSE:LEVI), an American clothing company, gained about 3% on October 6 as the company announced its solid Q3 earnings. The company posted an EPS of $0.48, beating the estimates by $0.11. Moreover, Levi Strauss & Co. (NYSE:LEVI) also reported $1.5 billion in revenue, even though its 4% stores are still closed globally due to the resurgence of Covid-19 cases.

As of Q3, Bridgewater Associates owns 135,430 shares in Levi Strauss & Co. (NYSE:LEVI), valued at $3.3 million. The company accounts for 0.01% of the hedge fund’s 13F portfolio.

At the end of Q2 2021, 30 hedge funds tracked by Insider Monkey were bullish on Levi Strauss & Co. (NYSE:LEVI), up from 19 in the previous quarter. The total value of these stakes is $414.2 million. In Q3, Select Equity Group is the company’s leading shareholder, owning shares worth $22.8 billion.

You can also take a look at 10 Best New Stocks To Buy Now and 10 Best New Stocks to Buy in 2021 According to Billionaire Paul Singer

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