Billionaire Louis Bacon’s Top 5 Stock Plays

Page 5 of 5

1. Tesla, Inc. (NASDAQ: TSLA)

Moore Capital initiated a put option position in Tesla (NASDAQ: TSLA) during the fourth quarter, accounting for 2.71% of the overall portfolio. Tesla stock price is trading in red so far this year amid investors move towards value stocks from growth stocks.

Tesla was in 68 hedge funds’ portfolios at the end of the fourth quarter of 2020 compared to the all-time high for this statistic of 67. This means the bullish number of hedge fund positions in this stock currently sits at its all-time high. TSLA investors should pay attention to an increase in hedge fund interest recently. There were 67 hedge funds in our database with TSLA positions at the end of the third quarter. Our calculations also showed that TSLA isn’t among the 30 most popular stocks among hedge funds (click for Q4 rankings).

You can also take a peek at Billionaire Paul Tudor Jones’ Top 10 Stock Picks and Latest Portfolio and Cathie Wood’s Thoughts on the Future, ARK’s Portfolio and Latest Stock Picks.

Page 5 of 5