Seth Klarman’s Portfolio: Top 5 Stock Picks

Page 5 of 5

1. Liberty Global Inc. (NASDAQ:LBTY)

Klarman’s Stake Value: $1.45 billion

Percentage of Seth Klarman’s 13F Portfolio: 11.84%

Number of Hedge Fund Holders: 30

Liberty Global Inc. (NASDAQ:LBTY) is a British-Dutch-American multinational telecommunications company that provides converged broadband, video, and mobile communications services. The company has a market capitalization of $16.43 billion and is ranked first on the list of the top 10 stock picks in Seth Klarman’s portfolio.

Seth Klarman’s Baupost Group currently holds 53.9 million shares of Liberty Global Inc. (NASDAQ:LBTY) amounting to $1.45 billion in worth and representing 11.84% of the fund’s portfolio. By the end of the second quarter of 2021, 30 hedge funds out of the 873 tracked by Insider Monkey held stakes in Liberty Global Inc. (NASDAQ:LBTY) worth roughly $806 million. This is compared to 35 hedge funds in the previous quarter with a total stake value of approximately $848 million.

The company released its quarterly earnings report for the second quarter of 2021 on July 29, with reported earnings per share at $19.55, surpassing forecast estimates by $19.06. In addition, the company also reported revenues of $3.11 billion, falling short of the estimated revenues by $146.36 million.

Of the hedge funds being tracked by Insider Monkey, Harris Associates is a leading shareholder in Liberty Global Inc. (NASDAQ:LBTYA) with 51.1 million shares worth $1.38 billion.

You can also take a peek at 10 Best Safe Dividend Stocks According to Billionaire Dan Loeb and  10 Best Robinhood Stocks Under $20

Page 5 of 5