Theleme Partners is a London-based hedge fund. The hedge fund invests in global equities and concentrates on large-cap companies. It frequently makes massive, focused bets on undervalued stocks that it believes will pay off in the long run. Theleme Partners, owned by Patrick Degorce, has about 20.13 million shares of Wells Fargo & Company and 2.18 million shares of T-Mobile US, Inc. The hedge fund spent $135.61 million on 390,000 shares of Facebook in the second quarter of 2021.
Here is Insider Monkey’s list of top 9 stocks to buy according to Patrick Degorce’s Theleme Partners. Infosys Limited is placed ninth among the top nine stocks to purchase. It is a multinational IT company based in India. Susquehanna analyst David Grossman upped Infosys Ltd’s price target in July. Anthem, Inc. is ranked eighth among the top nine stocks to buy. 67 hedge funds owned interests in the company at the end of the second quarter, indicating that it is attracting the attention of smart money. Facebook, Inc. is ranked seventh among the top nine companies to buy. As of the end of the second quarter of 2021, 266 elite hedge funds maintained a stake in the company, according to Insider Monkey’s data. Centene Corporation is ranked sixth among the top nine stocks to buy. It is a healthcare provider in the United States that provides programs and services to the underinsured and uninsured. For more details, click Top 9 Stocks To Buy According To Patrick Degorce’s Theleme Partners.
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