Top Investors’ Stock Portfolio: 5 Mid-Cap Stocks To Buy

In this piece, we will take a look at Top Investors’ Stock Portfolio: 5 Mid-Cap Stocks To Buy. If you want to take a deeper look at some of the benefits of buying mid-cap stocks, then check out Top Investors’ Stock Portfolio: 10 Mid-Cap Stocks To Buy.

5. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Investors in Q2 2023: 60

Cheniere Energy, Inc. (NYSE:LNG) is an American energy company headquartered in Houston, Texas. The firm is a midstream liquefied natural gas (LNG) company, which owns storage and transportation assets. Cheniere Energy, Inc. (NYSE:LNG) shares are rated Strong Buy on average, helped no doubt by a global re balancing act in the LNG market after the Russian invasion of Ukraine in 2022.

As of Q2 2023 end, 60 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Cheniere Energy, Inc. (NYSE:LNG). The firm’s biggest hedge fund shareholder is D. E. Shaw’s D E Shaw since it holds a $216 million stake courtesy of 1.4 million shares.

4. Apollo Global Management, Inc. (NYSE:APO)

Number of Hedge Fund Investors in Q2 2023: 62

Apollo Global Management, Inc. (NYSE:APO) is one of the largest investment firms in the world, with a presence in media, satellite radio networks, and publishing industries among others. The firm is currently taking the British restaurant chain Wagamama private through a $623 million deal.

For their June quarter of 2023 investments, 62 out of the 910 hedge funds tracked by Insider Monkey had bought Apollo Global Management, Inc. (NYSE:APO)’s shares.

3. Arista Networks, Inc. (NYSE:ANET)

Number of Hedge Fund Investors in Q2 2023: 62

Arista Networks, Inc. (NYSE:ANET) is an enterprise computing firm that provides cloud networking services. It is a strong beneficiary of a growing rise in corporate spending on data centers and cloud platforms, as the company has beaten analyst EPS estimates in all four of its latest quarters.

During this year’s second quarter, 62 out of the 910 hedge funds researched by Insider Monkey had invested in the firm. Arista Networks, Inc. (NYSE:ANET)’s largest investor out of these is Andreas Halvorsen’s Viking Global courtesy of a $330 million investment.

2. IQVIA Holdings Inc. (NYSE:IQV)

Number of Hedge Fund Investors in Q2 2023: 64

IQVIA Holdings Inc. (NYSE:IQV) is a healthcare technology company that provides cloud based applications and consultancy services to healthcare companies. It’s the second company on our list whose shares are rated Strong Buy on average, with analysts also penning in a $49 share price upside based on the average share price.

As of June 2023, 64 out of 910 hedge funds polled by Insider Monkey had bought and owned IQVIA Holdings Inc. (NYSE:IQV)’s shares. Thomas Steyer’s Farallon Capital is the biggest shareholder among these as it owns 3.8 million shares that are worth $869 million.

1. TransDigm Group Incorporated (NYSE:TDG)

Number of Hedge Fund Investors in Q2 2023: 67

TransDigm Group Incorporated (NYSE:TDG) is an American aerospace firm that sells components used in airplanes such as actuators, sensors, and power controls. It was out with some good news for investors in August as management shared that a resurgence in global air travel can now enable TransDigm Group Incorporated (NYSE:TDG) to post as much as $6.59 billion in sales.

67 out of the 910 hedge funds had invested in TransDigm Group Incorporated (NYSE:TDG) during Q2 2023 according to Insider Monkey’s database. Among these, the company’s largest investor is Mark Massey’s AltaRock Partners since it owns $1.2 billion worth of shares.

Disclosure: None. You can also take a look at 12 Best Aggressive Growth Stocks To Buy According to Hedge Funds and 10 Best Commodity ETFs.

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