Billionaire Mason Hawkins’ Top 15 Long-Term Stock Picks 

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10. Oscar Health, Inc. (NYSE:OSCR)

Number of Hedge Fund Holders: 45   

Oscar Health, Inc. (NYSE:OSCR) is a health insurance provider. The hedge fund’s Q3 2024 filing revealed ownership of 2 million shares in Oscar Health, Inc. (NYSE:OSCR), valued at over $43 million and comprising 2.05% of its 13F portfolio. Promising financial performance records, technological innovation, and strategic market expansion are some of the stand-away features that make the firm a great platform to invest in. For instance, as per the third quarter report of 2024, the total revenue reported was $2.4 billion, a 68% increase year-over-year, driven by high membership and rate increases. Moreover, an improved medical loss ratio is another factor making Oscar Health worth investing in, as the company achieved an MLR of 84.6% in the third quarter of 2024. This highlights an improvement of 80 basis points as compared to 2023, which demonstrates the company’s efficiency in managing the costs of healthcare. Moreover, projects like +Oscar, a tech-driven platform that extends its proprietary technology stack to third-party payers and providers, show the firm is keeping pace with tech innovations.

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