Michael Weisberg’s Crestwood Capital Management’s Top 5 Stocks

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1. ICICI Bank Limited (NYSE:IBN)

Crestwood Capital Management’s Stake Value: $21,446,000

Percentage of Crestwood Capital Management’s 13F Portfolio: 8.31%

Number of Hedge Fund Holders: 28

The top stock in Michael Weisberg’s Q2 portfolio is ICICI Bank Limited (NYSE:IBN), which is an Indian financial services company, headquartered in Mumbai, India. ICICI Bank Limited (NYSE:IBN), via its subsidiaries, caters to corporate and retail customers, offering services like investment banking, insurance, venture capital, and asset management. Crestwood Capital Management owns 1.25 million shares in ICICI Bank Limited (NYSE:IBN), worth $21.4 million, representing 8.31% of the firm’s 13F portfolio at the end of June this year.

On October 23, ICICI Bank Limited (NYSE:IBN) announced earnings for the third quarter. The EPS for the quarter came in at $0.21, missing estimates by -$0.01. The Q3 revenue for ICICI Bank Limited (NYSE:IBN) beat estimates by $131.15 million, coming in at $2.20 billion. 

At the end of the second quarter of 2021, 28 hedge funds monitored by Insider Monkey’s database of elite funds were long ICICI Bank Limited (NYSE:IBN), down from 31 in the preceding quarter. 

You can also take a look at 10 Best Roth IRA Stocks To Buy According To Hedge Funds and 10 Stocks Making Noise After Releasing Their Earnings Reports.

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