Billionaire Mason Hawkins’ Top 15 Long-Term Stock Picks 

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4. IAC Inc. (NASDAQ:IAC)

Number of Hedge Fund Holders: 50  

IAC Inc. (NASDAQ:IAC) operates as a media and internet company worldwide. As of the conclusion of Q3 2024, the hedge fund’s holdings in IAC Inc. (NASDAQ:IAC) amounted to 2.2 million shares, valued at over $122 million and constituting 5.75% of its 13F portfolio. Southeastern Asset Management has held a stake in the company since the third quarter of 2021. This stake consisted of just over 1.5 million shares back then but has since climbed significantly. In the second quarter of 2022, it consisted of close to 3 million shares. However, in eight of the last nine quarters, the hedge fund has trimmed this holding down.

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