Invenomic Capital Management’s Managing Partner and Portfolio Manager, Ali Motamed, is also the firm’s CEO. For the Boston Partners Long/Short Equity Fund, he served as a co-portfolio manager. Mr. Motamed earned his bachelor’s degree in English literature from the University of California, Los Angeles. For example, Ali Motamed’s Invenomic Capital Management owns stakes in Airbnb, Cigna Corporation, and Centene Corporation, among others. A total of 56% of the fund’s assets are represented by this investment.
Insider Monkey highlights the list of top 10 stock picks of Ali Motamed’s Invenomic Capital Management. In addition to the United States, Canada, Europe, Asia, and other countries, Cardinal Health, Inc. is a global healthcare services and products company with operations around the world. In the third quarter, Invenomic Capital Management bought a 39% stake in Cardinal Health. In order to acquire, explore, and develop gold assets, Kinross Gold Corporation and its subsidiaries are primarily engaged in these activities. In terms of shares held, Jim Simons’ Renaissance Technologies has 32.87 million worth $176.18 million. Ali Motamed’s hedge fund owns $6.46 million worth of Immersion Corporation shares. In the third quarter of 2021, the stake of Invenomic Capital Management in the company’s shares increased by 239%. A quarterly dividend of $0.45 per share was declared by Popular, Inc. at the end of November, keeping pace with previous years’ declarations. Over 867 hedge funds tracked by Insider Monkey, Bernard Horn’s Polaris Capital Management has a stake of 3.35 million shares in the company worth more than $50 million. As soon as the fourth quarter of 2020 rolled around, Invenomic Capital Management began amassing its stake in Reinsurance Group of America, Incorporated. For more details, click Top 10 Stock Picks Of Ali Motamed’s Invenomic Capital Management.
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