Billionaire hedge fund manager and philanthropist Larry Robbins. He established Glenview Capital, giving it the name of the hockey-friendly community where he formerly played. As of the first quarter of 2022, the fund is managing assets of close to $6 billion. He placed a wager in 2012 that Obamacare would be a gold mine for for-profit hospital organizations. Glenview Capital approached investing in a “suggestivist” manner. The fund developed ties with the management teams of its holdings. Because of its emphasis on healthcare stocks, the fund eventually changed to a more activist strategy. It doesn’t use stop losses and only slightly changes its portfolio. Glenview Capital manages securities worth close to $5 billion. The highest percentage of the fund’s portfolio is made up of healthcare and services. The fund’s yearly gains between 2000 and 2015 averaged 13 percent, compared to the S&P 500’s 4.6 percent.
Insider Monkey highlighted the top 10 stocks to buy now according to billionaire Larry Robbins. The Coca-Cola Company’s bottling business is called Coca-Cola Europacific Partners Plc. It was created through the union of European bottling businesses. Its annual dividend yield as of June 24 is 4.17 percent. A well-known American food distributor serving dining establishments, hospitals, and educational institutions is US Foods Holding Corp. More than 25,000 people work for it in more than 60 locations across the nation. The analyst thinks that sentiment is unreliable and ignores the historical background. As of June 24, Baxter International Inc. has a 1.74 percent dividend yield. The company’s main priority is the creation of renal disease remedies. For seven years, it has increased its dividend payouts steadily. Canadian global pharmaceutical business Bausch Health Companies Inc. creates and markets medications primarily for neurological, gastrointestinal, and skin conditions. Glenview Capital has nine million shares in the corporation, while as of Q1 2022, Icahn Capital LP, a hedge fund, had nearly 35 million. Fiserv, Inc. is a global financial services provider that works with clients like banks, stock brokers, insurance firms, and credit card issuers to provide financial technology solutions. The business is well-positioned to take a slice of the e-commerce and bank IT pie, thanks to recent acquisitions. For more details, click the 10 Best Stocks To Buy Now According To Billionaire Larry Robbins.
