5 Stocks to Buy According to Cyrus De Weck’s Portsea Asset Management

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1. Starz Acquisition Llc (NASDAQ:STRZA)

Portsea Asset Management Stake Value: $38,936,000
Percentage of Portsea Asset Management’s 13F Portfolio: 21.37%
Number of Hedge Fund Holders: 18

Starz Acquisition Llc (NASDAQ:STRZA) is a media and entertainment firm based in Colorado. Starz was purchased by Lions Gate Entertainment Corp. (NYSE:LGF-A) for $4.4 billion in cash and shares. The merger aimed to boost its content development skills, strengthen its position as a leader in premium scripted television, and expand its global distribution presence.

Legendary investor and billionaire Warren Buffett’s Berkshire Hathaway is the biggest stakeholder in Starz Acquisition Llc (NASDAQ:STRZA) out of the 873 hedge funds tracked by Insider Monkey as of the end of the second quarter. The Oracle of Omaha owns 43.21 million shares of the company, worth over $2 billion.

You can also take a peek at 11 Best Growth Stocks To Buy According To Hedge Funds and 9 Best Airline Stocks to Buy According to Hedge Funds

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