Tom Gayner’s Markel Gayner Asset Management Portfolio: Top 5 Finance Stocks

1. Brookfield Asset Management Inc. (NYSE:BAM)

Markel Gayner Asset Management’s Stake Value: $466,380,000

Percentage of Markel Gayner Asset Management’s 13F Portfolio: 5.89%

Number of Hedge Fund Holders: 34

Brookfield Asset Management Inc. (NYSE:BAM) is an alternative asset management company, being one of the largest market players in the financial services industry. Brookfield Asset Management Inc. (NYSE:BAM) specializes in private equity, credit, and has controlling investments in the infrastructure, renewable energy, and real estate sectors. The Toronto-based corporation is a top finance stock to invest in, as per Markel Gayner’s Asset Management’s investment portfolio at the end of June this year, with the investment firm owning 8.71 million shares in Brookfield Asset Management Inc. (NYSE:BAM), worth $466.3 million, representing 5.89% of the firm’s 13F portfolio. 

As of the second quarter of 2021, 34 hedge funds tracked by Insider Monkey reported owning stakes in Brookfield Asset Management Inc. (NYSE:BAM), worth $1.65 billion. This is compared to the same number of hedge funds in the preceding quarter, with an approximate stake value of  $1.38 billion.  

Here is what Baron Funds has to say about Brookfield Asset Management Inc. (NYSE:BAM) in its Q2 2021 investor letter:

“The shares of long-term holding Brookfield Asset Management Inc. gained 15% in the most recent quarter. The company is a leading alternative asset manager focused on investing in high-quality real estate and infrastructure related assets that tend to generate predictable and growing cash flows. We remain bullish about the ongoing prospects for Brookfield given the secular growth opportunity for alternative assets, the company’s many competitive advantages including scale, global capabilities, its well known brand name, operating expertise, and performance track record. We hold management in high regard and believe the shares remain attractively valued.”

You can also take a look at Billionaire Stephen Mandel’s Top 10 Stock Picks and Tech Stock Portfolio: 10 Tech Stock Picks from Andrew Immerman and Jeremy Schiffman’s Palestra Capital Management. 

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