Top 5 Stock Picks of Julian Robertson’s Tiger Management

1. Blackstone Inc. (NYSE:BX)

Tiger Management’s Stake Value: $76.5 million

Percentage of Tiger Management’s 13F Portfolio: 15.02%

Number of Hedge Fund Holders: 62

Blackstone Inc. (NYSE:BX) is a leading global investment management company based in New York City that specializes in real estate, hedge funds, private equity, leveraged lending, senior debts, and rescue financing.

Julian Robertson’s Tiger Management owned 591,500 shares in Blackstone Inc. (NYSE:BX) at the end of December 2021, worth $76.5 million, representing 15.02% of the fund’s portfolio value.

John Allison’s Unio Capital is the biggest Blackstone Inc. (NYSE:BX) stakeholder from Q4 2021, with 117,333 shares worth $613.7 million. Overall, 62 hedge funds in the database of Insider Monkey were bullish on Blackstone Inc. (NYSE:BX) as of the end of the fourth quarter of 2021, with total stakes amounting to $3.1 billion.

Here is what Artisan Partners has to say about Blackstone Inc. (NYSE:BX) in its Q3 2021 investor letter:

“Among our top Q3 contributors were Blackstone. Investment stalwart Blackstone’s virtuous cycle is in full swing. Throughout Blackstone’s history, excellent investment performance and capital protection have allowed the firm to increase fundraising in existing verticals as well as launch new endeavors. Historically, less than 10% of assets under management mature in any given year, and that number should move lower with continued growth in perpetual capital vehicles. Blackstone’s A+ rated balance sheet and capital-light model are the backbone of its 85% of cash flow distribution policy via a variable quarterly dividend. In short, this is a long-duration fee stream and robust capital-raising engine.”

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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