JANA Partners’ managing partner and co-portfolio manager, Barry Rosenstein, is a member of the board of directors. Wharton’s Wharton School of Business awarded him his Master of Business Administration in 1984. Activist investor Barry Rosenstein uses fundamental value discipline to find undervalued public companies. That value can be maximized by utilizing shareholder engagement. Shares of Vonage Holdings Corp. jumped 11% following the announcement of Rosenstein’s position on the company. If Macy’s, Inc. goes ahead with the spin-off of its e-commerce business, JANA Partners, Barry Rosenstein’s hedge fund, expects Macy’s stock to double. The fund owns shares in several brick-and-mortar retailer companies.
Here is Insider Monkey’s list of the top 10 stock picks of Barry Rosenstein’s JANA Partners. Barry Rosenstein’s JANA Partners has added BlackSky Technology Inc. to its stock portfolio as a new holding. This represents 0.82 percent of the hedge fund’s total 13F securities, which are worth a total of $10.35 million. Hedge fund interest in Valvoline Inc. rose to 23 in the third quarter of 2021, with a total value of $641.8 million. Glenn Greenberg’s Brave Warrior Capital owns 7.61 million shares worth $237.5 million, making it the company’s largest shareholder. More than $641.8 million was invested by 23 hedge funds in Valvoline Inc. in the third quarter of 2021. At 7.61 million shares worth $237.5 million, Glenn Greenberg’s Brave Warrior Capital is the largest shareholder. One of the oldest department store chains in the United States, Macy’s Inc. was founded in 1858. Hedge funds invested in Macy’s in the third quarter, up from 35 in the previous quarter. The company’s free cash flow and the value of its real estate make its valuation compelling. 36 major laboratories in the United States are operated by Laboratory Corporation of America Holdings. JANA Partners owned 1.73 million shares worth $108.45 million at the end of the third quarter, or 8.67 percent of the total investments made by the company. For more details, click the Top 10 Stock Picks Of Barry Rosenstein’s JANA Partners.
