Robert Pitts' Steadfast Capital Portfolio: 10 Dividend Stock Picks
In this article, we discuss 10 dividend stocks in Robert Pitts' portfolio.
Established in July 1997, Steadfast Financial, formerly known as Steadfast Capital Management LLC, is a New York-based hedge fund manager founded by Robert Pitts Jr. The firm began accepting outside investors in 1998 and provides discretionary investment advice to its funds, holding broad and flexible investment authority.
Robert Stanley Pitts currently serves in multiple roles: Director at New York City Ballet, Inc., President & Chief Investment Officer at Steadfast Capital Management LP, Trustee at The Boys' Club of New York, and President & Chief Investment Officer at Steadfast Financial LP.
Steadfast Capital Management manages two clients and has discretionary assets under management totaling $7.2 billion as of March 29, 2024. Their Q1 2024 13F filing reported $4.4 billion in managed 13F securities with a top 10 holdings concentration of 45.54%. The firm's largest holding is Vistra Energy Corp, with 4,764,495 shares.
