Constantine Mamakos’ Venator Management Portfolio: Top 5 Stocks

1. Facebook, Inc. (NASDAQ:FB)

Venator Management’s Stake Value: $56.5 million
Percentage of Venator Management’s 13F Portfolio: 15.32%
Number of Hedge Fund Holders: 266

Facebook, Inc. (NASDAQ:FB) is a multinational social networking services company based in Menlo Park, California. The tech titan has a market capitalization of $928.22 billion and is ranked first on our list of the top 10 stocks in Constantine Mamakos’ portfolio.

As of the end of the second quarter, 266 hedge funds tracked by Insider Monkey reported owning stakes in Facebook, Inc. (NASDAQ:FB). The total worth of these stakes is $42.34 billion. This shows the hedge fund sentiment is positive for the social media company as 257 funds had stakes in the company in the previous quarter, with a total worth of $40.96 billion.

By the end of the second quarter of 2021, Constantine Mamakos held 162,521 shares of Facebook, Inc. (NASDAQ:FB), amounting to more than $56.5 billion in worth and representing 15.32% of the fund’s total portfolio value.

On September 30, RBC Capital analyst Brad Erickson initiated coverage of Facebook, Inc. (NASDAQ:FB) with an Outperform rating alongside a $425 price target on the company’s shares.

First Eagle Investment Management, an investment management firm, In its Q2 2021 investor letter stated that Facebook, Inc. (NASDAQ:FB) was among the leading contributors in the fund’s portfolio for the quarter. Here is what the fund said:

“Leading contributors in the First Eagle Global Fund this quarter included Facebook, Inc. Class A. Facebook has continued to post impressive results for both revenue and active users of its traditional platforms. In the meantime, the social media giant continues to make progress on new initiatives—like Facebook Horizon (virtual reality) and Facebook Shops (e-commerce)—and maintains attractive monetization optionality around services like Messenger and WhatsApp.”

You can also take a look at Top Stocks to Invest In According to Jeffrey Ubben’s ValueAct Capital and 11 Stocks to Buy Now According to Jeffrey Gendell’s Tontine Asset Management

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