Top 5 Stock Picks of Mason Morfit’s ValueAct Capital

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1. KKR & Co. Inc. (NYSE:KKR)

ValueAct Capital’s Stake Value: $1,464,490,000

Percentage of ValueAct Capital’s 13F Portfolio: 16.96%

Number of Hedge Fund Holders: 56

KKR & Co. Inc. (NYSE:KKR), a global investment company dealing in private equity, energy, infrastructure, real estate, and credit, is the top stock pick of ValueAct Capital as of Q3 2021. KKR & Co. Inc. (NYSE:KKR) stock represents 16.96% of ValueAct Capital’s total investments, with the fund holding a $1.46 billion position in the company. 

JMP Securities analyst Devin Ryan on December 22 kept his Outperform rating and $92 price target on KKR & Co. Inc. (NYSE:KKR) after the company announced “record” intra-quarter realizations of over $1.15 billion so far in Q4, setting up a “strong finish” to 2021.

KKR & Co. Inc. (NYSE:KKR), on November 2, posted its Q3 results. EPS in the quarter totaled $1.05, topping estimates by $0.10. The revenue gained 42.65% year-over-year, reaching $818.58 million, surpassing estimates by $108.92 million.

Of the 56 hedge funds that were bullish on KKR & Co. Inc. (NYSE:KKR) in the third quarter, Akre Capital Management is one of the leading company stakeholders, with an $896.7 million position. 

Here is what Greenhaven Road Capital has to say about KKR & Co. Inc. (NYSE:KKR) in its Q3 2021 investor letter:

“KKR (KKR) – This remains an extremely resilient business with an A+ team enjoying the secular tailwinds of the migration of investable dollars toward alternative assets, where large allocators like the returns and love the muted volatility.”

You can also take a look 10 Tech Stocks to Buy According to Billionaire Philippe Laffont and 10 High Dividend Stocks to Buy According to Billionaire Lee Cooperman.

The article was corrected at 4:10 PM ET on January 5, 2022, to reflect that ValueAct is led by Mason Morfit. 

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