Today we are going to investigate billionaire Julian Robertson’s top 5 stock picks, based on Insider Monkey’s latest article. Julian Robertson, the 88-year-old billionaire, worked in the U.S. Navy before starting his job as stockbroker for Kidder, Peabody & Co., when his family moved to New York. Later on he was appointed to be the head of the company’s asset management division. In 1980, he established Tiger Management with $8 million. His strategy was long-short investing, and 16 years later, after many successful investment returns, Tiger Management rocketed and was so attractive to investors that in 1996 it had $7.2 billion in assets, and only two years later it reached the magic $22 billion.
And now without a further ado let’s check out Robertson’s favorite stocks picks. Microsoft Corporation ranks fifth on his list with a value of $36,210,000. The change position in the size was 1%, and Microsoft makes 8.2% of his 13F portfolio. Microsoft stands on the 21st spot on the latest compilation of Fortune 500 companies. The company is also among the Big Five companies in the United States. During the last year Microsoft’s return was 43.44% return and settled at $232.38 per share at the closing of February 26, 2021. At the end of the fourth quarter its revenue was $43 billion, and its shares earned $2.03 per each. Microsoft is followed by the Blackstone Group Inc. on the fourth spot with a value of $38,335,000. There was no change in position size, and Blackstone the company makes 8.7% of Robertson’s 13F portfolio. The company is headquartered in New York and provides alternative investment options in real estate, private equity, credit and insurance and hedge fund solutions. The company owns assets of $619 billion under management. In the last quarter it reported a net income of $1.8 billion and its total net income for 2020 was $2.25 billion. The company’s market cap is $48 billion and as of the last quarter of 2020, there were 54 hedge funds in Blackstone, compared to 49 funds in the third quarter. AerCap Holdings N.V. stands on the second spot with a value of $64,420,000. There was no change in position size, and AerCap the company makes 8.7% of Robertson’s 13F portfolio. The company is headquartered in ireland and is the biggest player in the aircraft leasing market. Its market cap is $6.2 billion and as of the end of the fourth quarter of 2020, there were 40 hedge funds in the company, compared to 38 funds in the third quarter. For more information about billionaire Julian Robertson top 5 stock picks, please click and see the entire original article.
Pixabay/Public domain
