Billionaire Paul Tudor Jones' Top 5 Stock Picks
In this post, we'll take a look at the top 10 stock picks from billionaire
Paul Tudor Jones. Skip our discussion about
Paul Tudor Jones' investment philosophy, Bitcoin and its history, let's go straight to the top 5 stock picks from billionaire Paul Tudor Jones.
Paul Tudor Jones, founder and hedge fund manager of
Tudor Investment Corporation, has been recognized as one of the pioneers of the well-known hedge fund industry. Known for predicting the Black Monday collapse of PTJ '87 with a net worth of over $ 5.1 billion, Tudor teaches undergraduate courses at the University of Virginia.
Generally advising against contrary investments, Tudor evaluates market trends according to the 200-day moving average closing prices.
Tudor Group, which became a global investment company after forty years, was launched in 1980 by Paul by trading commodities.
Note that
billionaire Tudor Jones is one of the hedge fund managers who believe in Bitcoin and strongly defended the digital currency last December. He predicted that "Bitcoin" would be like the "internet" that no one had predicted in the early stages.
Jones started trading Bitcoin for the first time in 2017. At that time, he doubled his deposits before reaching the cryptocurrency's highest price of $ 20,000. He saw Bitocin as a store of value and inflation protection in 2020.
Bitcoin is currently traded at over $ 45,000, with the digital currency gaining more than 300 % in value from 2020. Jones's statements about Bitcoin may be among the catalysts that push its price to new highs.
Tudor Investment Corporation disclosed a total of 1,238 shares in its latest SEC files as of the end of the third quarter. The market value of the fund holdings was estimated at $ 2.30 billion. These sectors represented 18.3 % and 15.4 % of the fund, respectively.
Let's take a look at the top 10 stock picks from billionaire Paul Tudor Jones.
1. Natura &Co Holding S.A. (NYSE: NTCO)
Natura & Co., a multinational cosmetics, hygiene and beauty company.
(NYSE: NTCO) recorded a strong revenue growth in the third quarter of 2020. As of the end of the third quarter, it holds put options on 900,000 shares, which make up 0.7 % of its total portfolio.
The company was Tudor's tenth largest holding.
Although its share value has decreased by 12 % in the last 12 months, it performs well in its own market (cosmetics, fragrances and toiletries). In October 2020, it managed to increase its capital by another $ 1 billion.
In 2020, the company successfully launched
& Co Pay, representing a proprietary financial services platform that helps consultants and agents achieve higher productivity.
Initially, & Co Pay was launched in Latin American countries and is expected to be launched globally in the near future.
2. Keurig Dr Pepper Inc. (NASDAQ: KDP)
Tudor launched a position with a market value of $ 19.544 million in the third quarter of 2020, with approximately 0.8 % allocated to the
KDP, which is an integrated brand owner, producer and distributor of soft drinks in the United States, Mexico and Canada.
Keurig Dr Pepper Inc. (NASDAQ: KDP) shares have gained 11.46% in price over the past twelve months.
The
KDP benefited from the change in consumer behavior due to the pandemic and the strong growth in home coffee consumption. Due to the continuation of these behaviors, the market share is expected to increase in the coming periods.
Keurig Dr Pepper invests in e-commerce operations and distribution platforms.
Keuring Dr Pepper Inc. The (NASDAQ: KDP) stock is one of the few stocks the Oakmark Fund highlighted in its Q3 2020 Investor Letter.
3. Kingsoft Cloud Holdings Limited (NASDAQ: KC)
The company is ranked 8th with
Paul Tudor Jones' new
Nasdaq IPO providing cloud services to businesses and organizations in China. Since going public on May 8, 2020, KC shares have seen a 146 % price increase.
The stock has reached a value of $ 20.175 million, which is 0.9 % of the portfolio. The company has significant growth potential in the long term.
4. Apple Inc. (NASDAQ: AAPL)
Paul Tudor Jones' 7th.
Apple Inc. (NASDAQ: AAPL) 1 percent of portfolio
By allocating it to the i-products manufacturer, the position increased 316 % and completed the quarter with a market value of $ 23,042 million.
On August 31, 2020, Apple shares were divided and those who had 1 share acquired 4 shares. On January 29,
Apple shares jumped to $ 131.96, gaining 70.54 %
It became the most valuable publicly traded company in the world as the first publicly traded US company to surpass the World Oil Giant
Aramco and reach a market value of $ 2 trillion.
5. National General Holdings Corp. (NASDAQ: NGHC)
The company is a private retail insurance holding company and has recently focused on organic growth by introducing new products to meet market demand.
Tudor's weight in the portfolio of stocks is 1.41 %.
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