$21.6 billion in assets are being managed by CQS Cayman. In 2020, the market crisis brought on by the pandemic caused a 34.8 percent value loss for the hedge fund. CQS Directional Opportunities gained 21.4 percent the next year, making up for some losses from 2020. Michael Hintze forewarned about China’s zero-Covid policy in January 2022. The billionaire vehemently opposes investing in unsuccessful technological stocks. His stock portfolio includes some well-known companies, such as Activision Blizzard, Alphabet, and Zillow.
Insider Monkey highlights the top 10 stock picks of Michael Hintze. A $14 million stake in Lions Gate Entertainment Corp., owned by Michael Hintze, accounts for 935,431 shares, or 0.97 percent, of his fund’s total 13F portfolio value. The company focuses on the entertainment, subscription, and film industries. Alphabet Inc. ownership by Michael Hintze’s hedge fund as of the first quarter of 2022 was reported at 5,525 shares, valued at $15.3 million. Ronald Josey, a Citi analyst, retained a “Buy” recommendation on July 14 but decreased the stock’s price objective from $3,175 to $2,900. Ur-Energy Inc. was founded in 2004 and has its corporate headquarters there. The business creates and buys uranium mineral resources in the US. The company had $46.3 million in cash and cash equivalents at the end of March 2022. Automotive technology firm Luminar Technologies, Inc. is based in Florida. On June 27, the company formally joined the US Russell 2000 Index. Over 1 million shares of Luminar Technologies, valued at $16.18 million, were added to the portfolio of CQS Cayman. Houston, Texas-based EOG Resources, Inc. develops and sells crude oil, natural gas, and natural gas liquids. The 151,975 shares of the business that CQS Cayman’s hedge fund controlled were valued at $18.12 million. For more details, click Michael Hintze’s 2022 Portfolio: Top 10 Stock Picks.
