As of the conclusion of the first quarter of 2021, the 13F portfolio of hedge fund CaaS Capital was worth about $9.24 billion. In 2020, the hedge fund generated a return of 51.22 percent, compared to 18.25 percent for SPY. In the first quarter, Frank Fu’s CaaS Capital boosted its position in the company by 181 percent. Frank Fu owns 67,878 Microsoft Corporation shares valued at more than $16 million. The investment accounts for 0.17 percent of the fund’s total assets. Frank Fu of CaaS Capital owns NVIDIA Corporation. Truist analyst William Stein boosted NVIDIA Corporation’s price target to $910 from $768. CaaS Capital’s Q1 portfolio includes a dividend-paying stock.
Here is Insider Monkey’s list of the 10 best dividend stocks to buy according to Frank Fu’s CaaS Capital. Janus Henderson Group Plc is the tenth greatest dividend stock to purchase. According to Fu, Janus Henderson has gained 93.63 percent in the last year. Solaris Oilfield Infrastructure, Inc. is the ninth best dividend stock to purchase. Over the last 12 months, the company has returned 40.29 percent to investors. The Bank of Nova Scotia is the sixth greatest dividend stock to purchase. In the last three months, the company, which was created in 1832, has returned 55.09 percent to investors. It is a worldwide financial services and banking corporation. International Business Machines Corporation is ranked seventh among the top ten dividend stocks to purchase. For the past 26 years, the corporation has continuously grown its dividend. Over the previous year, the value of International Business Machines’ stock has increased by 19.58 percent. Global Medical REIT Inc. is a real estate investment trust that buys and runs hospitals, nursing homes, and retirement homes. Over the last year, the company’s stock has returned 38.24 percent to investors. According to Frank Fu’s CaaS Capital, it is ranked sixth among the top ten dividend stocks to purchase. For more details, click 10 Best Dividend Stocks to Buy According to Frank Fu’s CaaS Capital.
