Top 5 Stocks to Invest In According to Jeffrey Ubben’s ValueAct Capital

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

Ubben’s Stake Value: $1,542,911,000
Percentage of Jeffrey Ubben’s 13F Portfolio: 18%
Number of Hedge Fund Holders: 56

KKR & Co. Inc. (NYSE: KKR) is a New York-based investment company, offering services in insurance and asset management globally. It is one of the top stocks to invest in according to Jeffrey Ubben’s ValueAct Capital because the fund has a $1.52 billion stake in the company. 

In Q1 2021, KKR & Co. Inc. (NYSE: KKR) generated over $4.5 billion in revenues or $0.75 in earnings per share, beating the market estimate of $0.64. The KKR stock hit its low in March 2020 due to the global market crash, but the share prices have soared by 77% in the past year. KKR & Co. Inc. (NYSE: KKR) also announced a $0.145 quarterly dividend earlier in April. 

Vulcan Value Partners, an investment management firm, published its first-quarter 2021 letter and mentioned KKR & Co. Inc. (NYSE: KKR) in it. Here is what the firm has to say: 

“KKR & Co. Inc. was another material contributor during the quarter. The company has deep and growing relationships with capital providers. KKR enjoys a very stable management fee stream and a proven ability to convert capital into a performance fee stream, both of which lead to a business with a stable and growing intrinsic value. In addition, the company enjoys nice tailwinds of increasing allocations to private and alternative investments. In addition to reporting solid results, KKR increased disclosure around its compensation ratio, improving transparency and making it easier to model the company’s earning power.”