Top 5 Stock Picks of Legendary Value Investor Seth Klarman

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1. Liberty Global plc (NASDAQ:LBTYA)

Number of Hedge Fund Holders: 27

Percentage of Baupost Group’s 13F Portfolio: 14.97%

Baupost Group’s Stake Value: $1.51 billion

Liberty Global plc (NASDAQ:LBTYA) is the largest holding of legendary value investor Seth Klarman, with a stake consisting of almost 54 million shares valued at $1.51 billion, representing 14.97% of his overall portfolio. The London-based firm deals in the provision of voice, video and internet services to customers and businesses.
On March 24, Credit Suisse analyst Luis Sanchez-Lecaroz upgraded Liberty Global plc (NASDAQ:LBTYA) to ‘Outperform’ from ‘Neutral’ and upped the price target to $35 from $26.  The analyst sees potential upside from the firm’s fiber and other monetizations, and sees it as the best route for investors to gain exposure to fiber challenger business models.
As of the fourth quarter, 27 out of the 924 hedge funds tracked by Insider Monkey were long Liberty Global plc (NASDAQ:LBTYA), with combined holdings worth $609.7 million. This is down from 34 hedge funds a quarter ago with $791.3 million worth of positions in Liberty Global plc (NASDAQ:LBTYA).

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