In this article, we will take a look at the top 10 stock picks of Eli Samaha’s Madison Avenue Partners. If you want to skip our detailed analysis of these stocks, Madison Avenue Partners’ performance over the years, and Eli Samaha’s early beginnings, you can go directly to the Top 5 Stock Picks of Eli Samaha’s Madison Avenue Partners.
Eli Samaha is the founder and managing partner of Madison Avenue Partners. Madison Avenue Partners operates on a value-oriented investment strategy and has affiliations with leading university endowments, hospital systems, and philanthropic foundations.
Prior to founding his hedge fund, Mr. Samaha was a partner and the director of research at Newtyn Management and was a senior associate at KPS Capital Partners. Mr. Samaha also worked as an analyst and associate at the GSC Group. He graduated with a bachelor’s degree in Mathematics from Dartmouth College. Through his hedge fund, Madison Avenue Partners, Mr. Samaha manages over $451.27 million in 13F securities.
Among the major contributors and top 5 holdings of Eli Samaha’s Madison Avenue Partners, we have James River Group Holdings Ltd (NASDAQ:JRVR), Super Micro Computer, Inc. (NASDAQ:SMCI), and Graham Holdings Co (NYSE:GHC). Read on to discover more stocks picked by Madison Avenue Partners according to their value-oriented investment practices.
Our Methodology
With this context in mind, here are the top 10 stock picks of Eli Samaha’s Madison Avenue Partners. These were ranked according to the investment portfolio of Madison Avenue Partners at the end of the third quarter of 2021.
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Top 10 Stock Picks of Eli Samaha’s Madison Advisors
10. Safeguard Scientifics, Inc (NYSE:SFE)
Stake Value of Madison Avenue Partners: $8,571,000
Percentage of Madison Avenue Partners 13F Portfolio: 1.89%
Number of Hedge Fund Holders: 13
Safeguard Scientifics, Inc (NYSE:SFE) is a venture capital firm headquartered in Radnor, Pennsylvania. The firm specializes in expansion financing, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early-stage financings. Safeguard Scientifics, Inc (NYSE:SFE) announced in September that it has successfully acquired Flashtalking, an advertising company.
By the third quarter of 2021, Safeguard Scientifics, Inc (NYSE:SFE) was a part of 13 hedge fund portfolios. These 13 hedge funds had a total stake of $34.2 million in the company. This is compared to 11 positions in the first quarter with stakes worth $24.1 million. The hedge fund sentiment for the stock is positive.
9. Tegna Inc (NYSE:TGNA)
Stake Value of Madison Avenue Partners: $11,832,000
Percentage of Madison Avenue Partners 13F Portfolio: 2.62%
Number of Hedge Fund Holders: 37
Tegna Inc. (NYSE:TGNA) operates as a media company in the United States. The company operates television stations that deliver television programming and digital content. As of the third quarter of 2021, Madison Avenue Partners owns 600,000 shares of the media corporation, which make up 2.62% of their 13F portfolio.
This September, Tegna Inc (NYSE:TGNA) released its third-quarter earnings for 2021. The company reported an EPS of $0.55, beating estimates by $0.06. Tegna Inc (NYSE:TGNA) saw a growth of 2.45% year over year in its revenue and generated $756.49 million, up from $9.61 million.
We, at Insider Monkey, keep track of 867 hedge funds. Of these 867, Tegna Inc (NYSE:TGNA) is present in 37 investment portfolios as of the third quarter of 2021. The total stakes of these funds in the company amount to $420.37 million, up from 18 hedge funds in the second quarter with stakes of $347.07 million.
Like James River Group Holdings Ltd (NASDAQ:JRVR), Super Micro Computer, Inc. (NASDAQ:SMCI), and Graham Holdings Co (NYSE:GHC), Tegna Inc (NYSE:TGNA) is a top stock pick of Eli Samaha’s Madison Avenue Partners.
8. PFSweb Inc (NASDAQ:PFSW)
Stake Value of Madison Avenue Partners: $15,157,000
Percentage of Madison Avenue Partners 13F Portfolio: 3.35%
Number of Hedge Fund Holders: 13
PFSweb, Inc (NASDAQ:PFSW) provides omnichannel commerce solutions in the United States, Belgium, Bulgaria, the United Kingdom, Canada, and India. It operates in two segments: PFS Operations and LiveArea Professional Services. PFSweb, Inc (NASDAQ:PFSW) was founded in 1994 and is headquartered in Allen, Texas.
On November 17th, PFSweb, Inc (NASDAQ:PFSW) announced that Nasdaq has approved its updated plan to regain compliance with Nasdaq Listing Rule 5250 related to the delayed filings of its Form 10-Q for the periods ended June 30 and September 30. With this approval, PFSweb, Inc (NASDAQ:PFSW) has been granted 180 days to file for both periods.
Among the hedge funds being tracked by Insider Monkey, 13 had stakes in PFSweb, Inc (NASDAQ:PFSW) that amounted to $83.78 million by the end of the third quarter of 2021. This is compared to 10 positions in the second quarter, with stakes worth $27.75 million.
7. Theravance Biopharma Inc (NASDAQ:TBPH)
Stake Value of Madison Avenue Partners: $36,478,000
Percentage of Madison Avenue Partners 13F Portfolio: 8.08%
Number of Hedge Fund Holders: 20
Theravance Biopharma, Inc (NASDAQ:TBPH) operates as a biopharmaceutical company that is involved in the discovery, development, and commercialization of organ-selective medicines in the United States, Europe, and Asia. The company was incorporated in 2013 and is based in George Town, the Cayman Islands.
On November 5th Anupam Rama, an analyst at JPMorgan, upgraded Theravance Biopharma, Inc (NASDAQ:TBPH) from Underweight to Neutral and gave it a price target of $12, up from $7 in light of the third-quarter earnings of the company.
By the end of the third quarter of 2021, 20 hedge funds held stakes in Theravance Biopharma Inc (NASDAQ:TBPH). The total value of these stakes was roughly $276.8 million. This is compared to 17 hedge funds in the second quarter, with stakes of $294.9 million.
6. Stagwell Inc. (NASDAQ:STGW)
Stake Value of Madison Avenue Partners: $38,429,000
Percentage of Madison Avenue Partners 13F Portfolio: 8.51%
Number of Hedge Fund Holders: 10
Stagwell Inc. (NASDAQ:STGW) provides marketing, advertising, activation, communications, and strategic consulting solutions in the United States, Canada, and internationally. The company was founded in 1980 and is headquartered in New York, New York. Stagwell Inc. (NASDAQ:STGW) released its third-quarter earnings for 2021. The company reported earnings per share of $0.02 and revenues of $466.63 million. The company’s revenue has grown by 104.6% year over year.
This October, Stagwell Inc. (NASDAQ:STGW)-owned company PRophet announced a collaboration with PeakMetrics which is a pioneer in AI-powered media monitoring and narrative analytics. The goal of this partnership is for PRophet users to gauge the success of their PR efforts using the machine-learning-driven PeakMetrics platform.
Out of the 867 elite hedge funds being tracked by Insider Monkey, 10 funds held stakes in Stagwell Inc. (NASDAQ:STGW) worth $111.58 million by the end of the third quarter.
Stagwell Inc. (NASDAQ:STGW), along with James River Group Holdings Ltd (NASDAQ:JRVR), Super Micro Computer, Inc. (NASDAQ:SMCI), and Graham Holdings Co (NYSE:GHC), is among the top picks of Madison Avenue Partners.
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Disclosure. None. Top 10 Stock Picks of Eli Samaha’s Madison Avenue Partners is originally published on Insider Monkey.
