5 Stocks to Sell Now According to Julian Robertson’s Hedge Fund

1. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 136

This May, Mastercard Incorporated (NYSE:MA) was removed from BofA’s US 1 list, while its rival Visa Inc. (NYSE:V) was added to it. While BofA expressed bearishness toward Mastercard Incorporation (NYSE:MA), Goldman Sachs expressed its bullishness. This May, Will Nance, an analyst at Goldman Sachs, initiated coverage of MasterCard with a Buy rating and a $460 price target.

Insider Monkey found 136 hedge funds long Mastercard Incorporated (NYSE:MA) at the end of Q1 2022. The total stakes of these hedge funds were valued at $15.44 billion, down from $17.24 billion in Q4 2021 with 144 positions.

Here is what Ensemble Capital had to say about Mastercard Incorporated (NYSE:MA) in its first-quarter 2022 investor letter:

“Mastercard (7.6% weight in the Fund): This company literally earns a percent based fee on dollars spent. When inflation increases the prices of goods across the economy, Mastercard’s revenue increases along with inflation. Thus, the company in some respects is perfectly hedged against inflation with their revenue accelerating automatically when inflation surges.”

You can also take a look at 10 Stocks Warren Buffett is Selling and 10 Stocks Stanley Druckenmiller is Selling.

Follow Insider Monkey on Twitter