Billionaire Trader Paul Tudor Jones Is Betting On These Stocks For Q4

#3 Precision Castparts Corp. (NYSE:PCP)

 – Shares Owned by Tudor Investment Corp (as of September 30): 176,293 shares

 – Value of Holding (as of September 30): $340.50 Million

Moving on, Precision Castparts Corp. (NYSE:PCP) makes its debut in the equity portfolio of Tudor Investment Corp in the third spot. Shares of Precision Castparts Corp. (NYSE:PCP) fell heavily in January and after being range-bound for the next six months, saw a massive surge in August after Warren Buffett‘s Berkshire Hathaway announced that it would be acquiring all outstanding shares of the company at $235 per share. However, on a year-to-date basis they are still trading lower by 4%. Analysts expect that the Berkshire Hathaway acquisition deal will be completed by February of next year, or sooner. Owing largely to the weaker demand from oil and gas players, the earnings of the company declined by 27% year-over-year for the second quarter of fiscal year 2016, coming in at $2.49 per share. Revenue for the quarter also declined significantly to $2.29 billion versus $2.52 billion that it reported for the same quarter of last year. As of September 30, Berkshire Hathaway held slightly over 4.2 million shares of the company.

#2 NCR Corporation (NYSE:NCR)

 – Shares Owned by Tudor Investment Corp (as of September 30): 1.82 Million shares

 – Value of Holding (as of September 30): $41.45 Million

Tudor Investment Corp made full use of the greater than 24% decline in NCR Corporation (NYSE:NCR)’s stock during the third quarter to more than double its stake in the technology company; the fund purchased an additional 935,867 shares of the stock during the July-September period. Although shares of NCR Corporation (NYSE:NCR) remained nearly flat for the first half of the year, they haven’t yet been able to recover fully from the decline they suffered during the third quarter and currently trade down by 6.7% year-to-date. On November 16, the company announced that it has entered into a strategic commercial agreement with First Data (NYSE:FDC) under which the latter would be the preferred cybersecurity and payment processing vendor for the former’s customers in the petroleum, convenience store and grocery industries. On November 2 analysts at Wedbush reiterated their ‘Neutral’ rating on the stock, but increased their price target on it by more than 20% to $22. David Simon‘s Twin Capital Management initiated a stake in NCR Corporation during the July-September period by purchasing slightly over 1.2 million shares of the company.

#1 Facebook Inc (NASDAQ:FB)

 – Shares Owned by Tudor Investment Corp (as of September 30): 2.2 Million shares

 – Value of Holding (as of September 30): $197.59 Million

Finally, even though Tudor Investment Corp reduced its exposure in Facebook Inc (NASDAQ:FB) by 12% during the third quarter, the social media giant continued to remain the fund’s top equity holding at the end of that period. Facebook Inc (NASDAQ:FB) has been one of the best performing mega cap and tech companies this year, with its shares currently trading up by more than 27% year-to-date. It was recently reported that the company is testing out disappearing messages, similar to what Snapchat does, on its ‘Facebook Messenger’ app for select users in France. For the third quarter the company again managed to beat expectations when it reported results on November 4. While the Street had estimated it to report EPS of $0.52 on revenue of $4.36 billion, the company declared EPS of $0.57 on revenue of $4.50 billion. Ken Griffin‘s Citadel Investment Group also reduced its stake in the company during the third quarter and as of September 30 held slightly more than 4.0 million shares of Facebook.

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