Top 5 Stock Picks of Naval Khera’s Brightline Capital

Page 5 of 5

1. Darling Ingredients Inc. (NYSE:DAR)

Mr. Khera’s Stake Value: $20 million

Percentage of Mr. Khera’s 13F Portfolio: 13.62%

Number of Hedge Fund Holders: 41

Darling Ingredients Inc. (NYSE:DAR), as its name suggests, offers ingredients and other solutions for customers in several industries such as fertilizers, animal food, industrial, fuel and bioenergy. It is also the oldest company on our list, having been founded in 1882 and is headquartered in Irving, Texas.

Mr. Khera’s Brightline Capital held 300,000 Darling Ingredients Inc. (NYSE:DAR) shares by the end of the second quarter of this year. These were worth $20 million and represented 13.62% of the investment company’s portfolio. Similarly, in the second quarter, out of the 873 hedge funds polled by Insider Monkey, 41 had held a stake in the company.

Raymond James raised the company’s price target to $105 in an August 2021 investor note, citing strong sustainability and quarterly earnings.

Ian Simm’s Impax Asset Management is Darling Ingredients Inc. (NYSE:DAR)’s biggest investor, with a stake of $190 million through 2.8 million shares.

Disclosure: None. You can also take a peek at the Billionaire Julian Robertson’s Top 10 Stocks and 15 Most Valuable Alcohol Companies.

Page 5 of 5