Billionaire Paul Tudor Jones and Insiders Love These 5 Stocks

In this piece, we will take a look at the top five stocks that billionaire Paul Tudor Jones and insiders love. If you want to learn about Mr. Tudor’s prolific investing career, then check out Billionaire Paul Tudor Jones and Insiders Love These Stocks.

5. CVS Health Corporation (NYSE:CVS)

Tudor Investment’s Q3 2023 Investment Value: $34.5 million

Insider Purchases: $1.1 million

Average Share Price: $70.1

CVS Health Corporation (NYSE:CVS) is an American healthcare company that owns and operates pharmacy outlets all over the country. Heading into its investor day in December, the firm has done well financially since it has beaten analyst EPS estimates in all four of its latest quarters.

During Q2 2023, 66 out of the 910 hedge funds profiled by Insider Monkey were CVS Health Corporation (NYSE:CVS)’s investors. In the following quarter, the firm’s largest shareholder was John Overdeck and David Siegel’s Two Sigma Advisors since it owned $344 million worth of shares.

4. Mobileye Global Inc. (NASDAQ:MBLY)

Tudor Investment’s Q3 2023 Investment Value: $33.4 million

Insider Purchases: $1.2 million

Average Share Price: $36.33

Mobileye Global Inc. (NASDAQ:MBLY) is an Israeli company that is developing autonomous driving systems. Its insider stock purchases are quite notable since two out of the three purchases over the past 12 months have been made by Intel Corporation (NASDAQ:INTC) CEO Patrick Gelsinger. Mobileye Global Inc. (NASDAQ:MBLY) is an Intel subsidiary.

After digging through 910 hedge funds for their second quarter of 2023 shareholdings, Insider Monkey discovered that 36 were Mobileye Global Inc. (NASDAQ:MBLY)’s investors.

3. NIKE, Inc. (NYSE:NKE)

Tudor Investment’s Q3 2023 Investment Value: $37.7 million

Insider Purchases: $1.3 million

Average Share Price: $110.29

NIKE, Inc. (NYSE:NKE) is a discretionary firm that sells sports apparel. The firm’s third quarter earnings were an interesting batch of results since while NIKE, Inc. (NYSE:NKE) missed analyst revenue estimates for the first time in two years, it still beat earnings and gross margin estimates.

By the end of this year’s June quarter, 70 among the 910 hedge funds profiled by Insider Monkey had held a stake in the company. NIKE, Inc. (NYSE:NKE)’s biggest investor in Q3 was Ken Fisher’s Fisher Asset Management courtesy of its $924 million stake.

2. Nasdaq, Inc. (NASDAQ:NDAQ)

Tudor Investment’s Q3 2023 Investment Value: $26.3 million

Insider Purchases: $1.4 million

Average Share Price: $50.57

Nasdaq, Inc. (NASDAQ:NDAQ) is perhaps one of the most consequential companies in the finance industry since it owns and operates the NASDAQ stock exchange. Multiple directors and executives have bought the firm’s shares since June, for cumulative purchases of $1.4 million.

Insider Monkey scoured through 910 hedge fund portfolios for their second quarter of 2023 shareholdings and found that 37 had invested in Nasdaq, Inc. (NASDAQ:NDAQ). In the succeeding quarter, the firm’s largest stakeholder in our database was Ric Dillon’s Diamond Hill Capital as it owned 4.9 million shares that were worth $239 million.

1. Capri Holdings Limited (NYSE:CPRI)

Tudor Investment’s Q3 2023 Investment Value: $40.7 million

Insider Purchases: $10.1 million

Average Share Price: $41.39

Capri Holdings Limited (NYSE:CPRI) is a high end luxury apparel firm that operates through well known brands such as Versace and Michael Kors. Despite significant insider buying during the last 12 months, its shares are rated Hold on average.

37 out of the 910 hedge funds polled by Insider Monkey had invested in the firm during Q2 2023. Capri Holdings Limited (NYSE:CPRI)’s biggest investor during the September quarter was Israel Englander’s Millennium Management courtesy of its $229 million investment.

Disclosure: None. You can also take a look at 13 Stocks That Outperform the S&P 500 Every Year for the Last 5 Years and 23 Richest Countries in Asia by GDP Per Capita in 2023.

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