Today we are going to discuss Insider Monkey’s latest article about billionaire Chris Hohn’s top 5 stock picks. If you are eager to read the entire compilation, please click and jump to see the original article of billionaire Chris Hohn’s top stock picks. Sir Christopher Anthony Hohn is an English philanthropist, billionaire and hedge fund manager who launched The Children’s Investment Fund Management (TCI) that is headquartered in London and manages more than $31 billion in managed securities. Sir Hohn ranked 9th in Highest-Earning Hedge Fund Managers 2018 Forbes’ list and 330th in the Forbes’ list of 2020 billionaires. He earned a degree in accounting and business economics at the University of Southampton in 1988. Then he got his Master of Business Administration degree at Harvard Business School. Chris Hohn is described as a relentless, most feared investor, whose drive is the desire to win.
So which are his favorite stock picks? Keep up reading as we are here to present you with three of them, as usual. Visa Inc ranks fifth on his list. As of the fiscal first quarter of 2021, due to the incredible growth of e-commerce, Visa’s payment volume rocketed. EPS in this quarter was $1.42, compared to the census of $1.27. The quarterly revenue was $5.69 billion, beating the Street’s prediction of $5.52 billion. According to Insider Monkey’s database, in the third quarter of 2020 there were 160 long hedge funds in Visa Inc, while this number jumped to 166 during the fourth quarter. The largest stakeholder is Fisher Asset Management with owning 22.2 million shares at a value of $4.9 billion. Visa Inc is followed by Microsoft Corporation on the fourth spot. Shares of the mammoth company has rallied in the past twelve months. In the last quarter of 2020, there were 258 hedge funds according to Insider Monkey’s track, while in the previous period this number was 234. The largest stakeholder is Fisher Asset Management with having 23.4 million shares at a value of $5.2 billion. Alphabet Inc ranks 2nd in Hohn’s portfolio. Alphabet has rallied 55.35% for the last 12 months. Hohn’s TCI fund had 2.95 million shares in Alphabet as of the last quarter of 2020. 157 hedge funds could be found in the last quarter of 2020, compared to the previous one when there were 150.
