Carl Anderson’s Marcho Partners Is Investing In These 5 Stocks

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In this article, we discuss the 5 stocks Carl Anderson’s Marcho Partners is investing in. If you want to see our detailed analysis of Anderson’s history, investment philosophy, and hedge fund performance, go directly to Carl Anderson’s Marcho Partners Is Investing In These 10 Stocks.

5. Wix.com Ltd. (NASDAQ:WIX)

Marcho Partners’ Stake Value: $152.8 million
Percentage of Marcho Partners’ 13F Portfolio: 10.23%
Number of Hedge Fund Holders: 35

Wix.com Ltd. (NASDAQ:WIX) is an Israeli web development and software company that provides cloud-based web development tools and services.

On October 27, Berenberg analyst Sunil Rajgopal initiated coverage of Wix.com Ltd. (NASDAQ:WIX) with a Buy rating and $251 price target on the shares of the company.

As of the end of the second quarter, 35 hedge funds tracked by Insider Monkey reported owning stakes in Wix.com Ltd. (NASDAQ:WIX). The total worth of these stakes is $1.38 billion. This is compared to 40 funds that had stakes in the company in the previous quarter, with a total worth of $1.46 billion. Carl Anderson reported owning 526,410 shares in the company. These shares are valued at $152.8 million and account for 10.23% of the fund’s portfolio value.

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