5 Stocks to Invest In Today According to Orkun Kilic’s Berry Street Capital

1. Xilinx, Inc. (NASDAQ:XLNX)

Berry Street Capital Stake Value: $100,714,000
Percentage of Berry Street Capital’s 13F Portfolio: 10.37%
Number of Hedge Fund Holders: 68

Xilinx, Inc. (NASDAQ:XLNX) is a technology business that creates processing systems that are both versatile and adaptable. Berry Street Capital increased its Xilinx, Inc. (NASDAQ:XLNX) stake by 34% in the fourth quarter of 2021, holding 475,000 shares of the company worth $100.71 million.

On February 14, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced that it had completed its all-stock purchase of Xilinx, Inc. (NASDAQ:XLNX). AMD anticipates the acquisition to enhance non-GAAP margins, non-GAAP EPS, and free cash flow generation in the first year. On February 22, Bernstein analyst Stacy Rasgon upgraded Advanced Micro Devices, Inc. (NASDAQ:AMD) to ‘Outperform’ from ‘Market Perform’ and gave a price target of $150.

The number of hedge funds tracked by Insider Monkey having stakes in Xilinx, Inc. (NASDAQ:XLNX) grew to 68 in Q4, up from 62 in the preceding quarter. Those stakes held a consolidated value of $5.91 billion, up from $4.54 billion at the end of Q3.

For more on the latest hedge fund moves, check out 9 Stocks to Buy According to Robert W. Koehn’s Ivy Lane Capital and 9 Stocks to Invest In According to Joshua Kushner’s Thrive Capital

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