Top 5 Stock Picks of Philip Best’s Quaero Capital

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1. Albemarle Corporation (NYSE:ALB)

Quaero Capital’s Stake Value: $8.2 million

Percentage of Quaero Capital’s 13F Portfolio: 5.67%

Number of Hedge Fund Holders: 28

As of September, specialty chemical company Albemarle Corporation (NYSE:ALB) was the most significant contributor to Philip Best’s Quaero Capital’s performance. It is also the largest stock holding of Quaero Capital, according to the 13F filings tracked by Insider Monkey. The company’s shares are up 160% in the last twelve months, thanks to rising lithium demand. Albemarle expects full-year 2021 revenue in the range of $3.3 billion to $3.4 billion.  

In addition to a whopping share price rally, the company increased its dividend in the past 27 consecutive years. It currently offers a quarterly dividend of $0.39 per share. It was in 28 hedge funds’ portfolios as of June.  

You can also take a look at Eric Bannasch Portfolio: 10 Biggest Stock Picks and Dov Gertzulin Portfolio: Top 10 Stocks.

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