Brad Farber is the founder of Atika Capital, which manages a $1.67 billion fund. He follows a long/short equity strategy, with equities in finance, information technology, healthcare, consumer discretionary, and communications making up the majority of his portfolio. The investment firm, which is situated in New York, was created in 2013. Atika Farber, founder of Atika Capital, earned a bachelor’s degree in international relations from the University of Michigan. Microsoft Corporation, Alphabet Inc., Amazon.com, and Airbnb are among the most notable equities in Farber’s Q3 portfolio.
Here is Insider Monkey’s list of the top 10 stock picks of Brad Farber’s Atika Capital. On November 4, Airbnb, Inc. released its third-quarter results. Earnings for the quarter totaled $1.22, above expectations by $0.52. In the third quarter, occupancy climbed by 29% year over year to 79.7 million bookings. Olaplex Holdings, Inc. released its third-quarter results on November 10. Revenue for the third quarter totaled $161.62 million, exceeding expectations by $16.46 million. The business is a hair care firm that sells products that nourish, maintain, and protect hair. As of September 2021, Atika Capital owns a $28.75 million holding in Jacobs Engineering Group Inc. The US Department of State’s Bureau of Overseas Buildings Operations, NASA, and the Department of Energy, to mention a few, have recently awarded the company contracts. DocuSign, Inc. has teamed up with salesforce.com, Inc. to make electronic contracts more accessible worldwide. Slack users can now employ AI-based, smart solutions to improve collaboration, create faster ROI, and manage contracts. Zai Lab Limited is a Chinese pharmaceutical business that employs its enormous research capacity to develop new treatments for autoimmune diseases, cancer, and other infectious diseases. Brad Farber holds 287,100 shares in Zai Lab worth $30.25 million through Atika Capital. For more details, click Top 10 Stock Picks Of Brad Farber’s Atika Capital.
