Jeffrey Talpins’ Top Stock Picks

4. Autodesk, Inc. (NASDAQ:ADSK)

During the third quarter, the fund acquired 334,683 Autodesk’s shares, valued $52.25 million, making this the fourth biggest new position in its portfolio in the third quarter. 66 investors from our table were long this American multinational software corporation on September 30, which is by six more than in the previous quarter.

3. Amazon.com, Inc. (NASDAQ:AMZN)

Amazon.com has attracted 13 net new investors during the third quarter, ending up being in 150 hedge funds’ portfolios on September 30. Among those new investors was also Element Capital Management, which has 30,536 Amazon’s shares, making an investment in this electronic commerce and cloud computing company that was worth around $61.16 million.

2. First Hawaiian Inc (NASDAQ:FHB)

Element Capital Management gained interest for a Honolulu-based bank holding company, First Hawaiian, Inc., during the third quarter, establishing a position in it that was valued $74.9 million, and counted 2.75 million shares. Hedge funds from Insider Monkey’s table have also become more optimistic about this stock in the recent period, with 28 investors long the company at the end of the third quarter, up by 8 from the previous quarter.

1. Kraft Heinz Co (NASDAQ:KHC)

The most valuable new position in the third quarter, Element Capital Management set up in an American food company, by acquiring 2.41 million shares, worth $132.95 million. This is another company that has seen an increase in enthusiasm from smart money managers in Insider Monkey’s database in the recent period, counting 37 investors long the stock on September 30, up from 27 investors in the previous quarter.

Disclosure:None. This article was originally published at Insider Monkey.