Billionaire Michael Platt’s Stunning Performance in 2021 and His Top 5 Stock Picks

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1.  McAfee Corp. (NASDAQ:MCFE)

Number of Hedge Fund Holders: 31

Gain in Share Price in 2021: 50%         

McAfee Corp. (NASDAQ:MCFE) provides cybersecurity services. The company has witnessed a flurry of hedge fund activity in recent months. At the end of the third quarter of 2021, 31 hedge funds in the database of Insider Monkey held stakes worth $330 million in McAfee Corp. (NASDAQ:MCFE), up from 18 in the previous quarter worth $125 million.

Platt is also bullish on McAfee Corp. (NASDAQ:MCFE). At the end of September 2021, BlueCrest Capital Management owned 815,00 shares of McAfee Corp. (NASDAQ:MCFE) worth more than $18 million, representing 0.48% of the portfolio. 

You can also take a peek at 10 Reddit’s WallStreetBets Meme Stocks Hedge Funds are Piling Into and 10 Biggest Hedge Fund Casualties of Reddit WallStreetBets’ Short Squeezes.

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