Top 5 Stock Picks of Gavin Abrams’ Abrams Bison Investments

3. HCA Healthcare, Inc. (NYSE:HCA)

Stake Value in Abrams Bison Investment’s 13F Portfolio: $103.35 million

Percentage of Abrams Bison Investments portfolio: 11.68%

Number of Hedge Funds: 63

Headquartered in Tennessee, HCA Healthcare, Inc. (NYSE:HCA) provides healthcare services in the US. Abrams Bison Investments has been a significant shareholder in the company stock since 2020. In the second quarter of 2022, the hedge fund increased its position in the stock by 4%, bringing the total value of stakes owned by Abrams Bison Investments to $103.35 million. This represents 11.68% of the hedge fund’s total portfolio.

In the Q2 fiscal year report, the company reported $14.82 billion in revenue and normalized EPS of $4.21. Both beat the estimates by $90.20 million and $0.50, respectively.

John Ransom, an analyst at Raymond James, kept an Outperform rating on the shares in September 2022.

When looking at the institutional investors followed by Insider Monkey, Harris Associates, holds the biggest position in HCA Healthcare, Inc. (NYSE:HCA).