Glenn Dubin, an American millionaire, created Highbridge Capital Management alongside Henry Sweica in 1992. JPMorgan Chase & Co. bought a majority share in Highbridge from Dubin and Sweica in 2004 for $1.3 billion. Dubin has a real-time net worth of $2 billion as of June 2021. Over the last few months, Highbridge Capital Management has been researching SPACs. The stock of GFL Environmental Inc. has increased by 68.09 percent over the last year. Danaher Corporation and American Airlines Group were also added to the fund’s holdings. The 13F portfolio of Highbridge Capital exhibits interests in the healthcare and technology industries. The fund increased its holdings in Viacom, CBS Inc., and Danaher Corporation by the end of the first quarter.
Insider Monkey analyzes the top 10 stocks to buy according to Highbridge Capital. Churchill Capital Corp IV is owned by Highbridge Capital, which holds over 1.2 million shares worth $12.8 million. The company was one of Highbridge Capital’s notable holdings as of the end of the first quarter of 2021. In the last month, the stock price has increased by 42.1 percent. As of Q1 2021, Highbridge Capital had raised its investment in Amryt Pharma plc by 23%. Patients suffering from rare diseases benefit from pharmaceutical companies’ breakthrough medicines. Highbridge controls roughly 1 million shares worth $14.1 million in the company. Highbridge Capital Management has roughly 1.5 million shares worth $15.8 million in the firm. In 2019, the company went public, raising $690 million in its first public offering (IPO). Over the last year, Churchill Capital Corp II has lost 8% of its value. Highbridge Capital Management holds 432,306 shares worth $19.4 million in the firm. According to Highbridge Capital, ViacomCBS Inc. is the sixth best stock to purchase. It is a global entertainment firm based in the United States that provides premium content to a global audience. The diagnostics company Quotient Limited manufactures and sells diagnostic products. Highbridge Capital Management has about 5.3 million shares worth $19.5 million in the firm. Year to date, the stock price has dropped by 17%. For more details, click 10 Best Stocks to Buy According to Highbridge Capital.
