Billionaire Larry Robbins’ Top 5 Stock Picks

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1. Tenet Healthcare Corporation (NYSE: THC)

The diversified healthcare services company Tenet Healthcare Corporation (NYSE: THC) is the largest stock holding of billionaire Larry Robbins’ portfolio. The investment accounts for 21.39% of the overall portfolio.

The healthcare-focused hedge fund manager sold 7% of stake in the latest quarter to capitalize on share price gains. Shares of Tenet Healthcare Corporation grew more than 100% in the last six months. The company’s strategy of expanding its product portfolio through acquisitions added to share price gains. Tenet Healthcare recently announced plans to acquire a portfolio of up to 45 ambulatory surgery centers from SurgCenter Development.

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