Salesforce.com, inc. (CRM), LinkedIn Corp (LNKD): Billionaire Lei Zhang’s New Stock Picks For Q1

Hillhouse Capital Management’s also disclosed a new stake in Workday Inc (NYSE:WDAY) with a total of 218,700 shares, valued at $18.46 million. The $17.1 billion company’s stock gained more than 10% year-to-date and 19.76% during the last 52 weeks. Workday Inc (NYSE:WDAY) founded in 2005, provides cloud applications for finance and human resources for enterprises. In a recent press release, the company announced a support of an international insurance company, Hyperion Insurance Group Limited, to its global expansion. Other large investors in Workday Inc (NYSE:WDAY), at the end of March, were Pennant Capital Management, managed by Alan Fournier, which owns 2.45 million shares, followed by David Goel And Paul Ferri’s Matrix Capital Management and Criterion Capital.

Finally, the fourth largest new position of the Lei Zhang’s fund is represented by LinkedIn Corp (NYSE:LNKD), in which the investor owns 35,600 shares valued at $8.89 million. LinkedIn Corp (NYSE:LNKD) has a market cap of $24.4 billion and it is the world’s leading professional network, with around 350 million members. Recently the company has announced that it closed a $1.5 billion transaction, in approximately 52% cash and 48% stock, that involved the acquisition of lynda.com, an online learning company. During the first quarter of 2015, the company had an increase in net revenues by 34.76% to $637.68 million, compared to the same period of 2014. It also posted for the first three months of the year a net loss of $42.54 million or $0.34 in diluted EPS, while in 2014 the company’s net loss amounted to $13.44 million or $0.11 per share. Philippe Laffont’s Coatue Management, D. E. Shaw’s D. E. Shaw and Lansdowne Partners are other large investors that hold large positions in the LinkedIn Corp (NYSE:LNKD), according to the latest round of 13F filings.

Disclosure: none