Top 10 Stock Picks of John D. Gillespie's Prospector Partners
In this article, we discuss the top 10 stock picks of John D. Gillespie's Prospector Partners.
Established in March 1997, Prospector Partners is a Connecticut-based hedge fund manager led by John Gillespie, formerly a portfolio manager at the T. Rowe Price Growth Stock Fund and New Age Media Fund. The firm specializes in long/short equity, long-only equity, and market-neutral investment strategies with a focus on the financial services and insurance sectors, employing a value-oriented approach.
John Gillespie currently serves as Managing Partner at Prospector Partners, LLC, leveraging extensive experience from previous roles at White Mountains Insurance Group Ltd and T. Rowe Price. He earned his MBA from Stanford University Graduate School of Business between 1984 and 1986.
Prospector Partners is a hedge fund managing discretionary assets totaling $715,799,756, as reported in their Form ADV dated March 2024, serving seven clients. Their most recent 13F filing for Q1 2024 disclosed $909,491,306 in managed 13F securities, with a top 10 holdings concentration of 27.23%. Berkshire Hathaway Inc. Class B stands as the firm's largest holding, with 78,310 shares held.
