Latest news with #DavisAdvisors
Yahoo
12-05-2025
- Business
- Yahoo
Chris Davis's Strategic Moves: A Closer Look at Restaurant Brands International Inc.
Chris Davis (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Davis Advisors manages more than $60 billion across several different asset classes. Chris Davis (Trades, Portfolio) is the portfolio manager of Davis Financial Fund. Davis purchases durable, well-managed businesses that can be purchased at value prices and held for the long term (average holding period of a stock in the Davis New York Venture Fund is four to seven years). Davis focuses primarily on financial services companies. He looks to buy companies when they are out of favor. Chris Davis (Trades, Portfolio) added a total of 5 stocks, among them: The most significant addition was Restaurant Brands International Inc (NYSE:QSR), with 3,372,511 shares, accounting for 1.3% of the portfolio and a total value of $224.74 million. The second largest addition to the portfolio was AppLovin Corp (NASDAQ:APP), consisting of 163,011 shares, representing approximately 0.25% of the portfolio, with a total value of $43.19 million. The third largest addition was Vale SA (NYSE:VALE), with 2,733,513 shares, accounting for 0.16% of the portfolio and a total value of $27.28 million. Chris Davis (Trades, Portfolio) also increased stakes in a total of 41 stocks, among them: The most notable increase was Tyson Foods Inc (NYSE:TSN), with an additional 1,598,896 shares, bringing the total to 4,679,582 shares. This adjustment represents a significant 51.9% increase in share count, a 0.59% impact on the current portfolio, with a total value of $298.60 million. The second largest increase was Group Ltd (NASDAQ:TCOM), with an additional 1,115,836 shares, bringing the total to 4,862,997. This adjustment represents a significant 29.78% increase in share count, with a total value of $309.19 million. Chris Davis (Trades, Portfolio) completely exited 1 holding in the first quarter of 2025, as detailed below: Welltower Inc (NYSE:WELL): Chris Davis (Trades, Portfolio) sold all 29,550 shares, resulting in a -0.02% impact on the portfolio. Chris Davis (Trades, Portfolio) also reduced positions in 54 stocks. The most significant changes include: Reduced Meta Platforms Inc (NASDAQ:META) by 282,347 shares, resulting in an -11.33% decrease in shares and a -0.96% impact on the portfolio. The stock traded at an average price of $645.17 during the quarter and has returned -13.78% over the past 3 months and 6.82% year-to-date. Reduced Inc (NASDAQ:AMZN) by 287,628 shares, resulting in a -7.55% reduction in shares and a -0.37% impact on the portfolio. The stock traded at an average price of $217 during the quarter and has returned -9.64% over the past 3 months and -5.72% year-to-date. At the first quarter of 2025, Chris Davis (Trades, Portfolio)'s portfolio included 105 stocks, with top holdings including 9.3% in Capital One Financial Corp (NYSE:COF), 7.34% in Meta Platforms Inc (NASDAQ:META), 7.17% in Berkshire Hathaway Inc (NYSE:BRK.A), 4.51% in CVS Health Corp (NYSE:CVS), and 4.18% in Applied Materials Inc (NASDAQ:AMAT). The holdings are mainly concentrated in 10 of all the 11 industries: Financial Services, Healthcare, Consumer Cyclical, Communication Services, Technology, Industrials, Basic Materials, Consumer Defensive, Real Estate, and Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-04-2025
- Business
- Yahoo
Is Walt Disney Co. (NYSE:DIS) the Best Stock Under $100 to Buy According to Hedge Funds?
We recently published a list of the 12 Best Stocks Under $100 to Buy According to Hedge Funds. In this article, we are going to take a look at where Walt Disney Co. (NYSE:DIS) stands against other stocks under $100 to buy according to hedge funds. On April 21, Chris Davis of Davis Advisors appeared on 'The Exchange' on CNBC to talk about selectivity in today's market. Davis pointed out that putting companies in groups like the MAG7 covers their underlying businesses, which can have different fundamentals and therefore prospects. For this reason, he acknowledged that he owns certain stocks from MAG7 but not all. Davis also clarified that his overall focus is on value and growth, which leads him to a diverse set of holdings and not just tech, such as financials and healthcare names. He then argued that the market is shifting back toward selectivity and active management. He suggested that active management is positioned for a resurgence because the indexes have become highly concentrated and richly valued. Davis acknowledged that while he cannot predict the market's short-term movements, the present environment is ideal for stock pickers who can identify resilient businesses that are trading at reasonable valuations. He sees this as an opportunity for active management to outperform, as investors move away from momentum-driven index investing toward a more selective approach. He noted the growing popularity of actively managed ETFs as evidence that investors are beginning to act on this shift away from index concentration. He also believes that within the MAG7, only a few companies are truly well-positioned. Similarly, within the S&P 500, only 5% to 10% of companies possess the resiliency and durability needed for such volatile times. Davis laid out what he sees as the major transitions shaping the current investment environment. First, he described the shift from nearly 15 years of free money to a more normal interest rate environment. Second, he pointed to the end of a multi-decade era of globalization, which was replaced by deglobalization, rising nationalism, and geopolitical tensions. Third, he highlighted the impact of AI. He said that these transitions are occurring against a backdrop of market complacency, with high valuations and concentrated growth expectations. We first used the Finviz stock screener to compile a list of the top stocks that were trading under $100 as of April 22. We then selected the 12 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey's database which tracks the moves of over 1000 elite money managers. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A packed theater of moviegoers watching a blockbuster film produced by the entertainment company. Share Price as of April 22: $84.00 Number of Hedge Fund Holders: 108 Walt Disney Co. (NYSE:DIS) is an entertainment company that operates through three segments: Entertainment, Sports, and Experiences. It produces and distributes film and television content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks. In Q1 2025, growth in the company's Experiences business contributed to its overall positive results. Disney has now provided guidance for 6% to 8% growth for 2025 in this segment. This growth is fueled by the launch of the Disney Treasure cruise ship. The ship started with strong bookings and excellent initial guest feedback, aligning with the standards of the company's other ships. Disney anticipates that this new ship will be profitable in its first quarter of operation. Bernstein analysts, led by Laurent Yoon, recently reiterated an Outperform rating on Walt Disney Co.'s (NYSE:DIS) stock, while maintaining a price target of $120. This sentiment came from the multifaceted nature of the company's operations, which consist of Linear/Sports, Parks, and streaming segments, with each possessing unique challenges and opportunities. Over the mid-term, Bernstein expects Disney to witness margin expansion in its DTC segment and additional cruise ship capacity. Overall, DIS ranks 5th on our list of the best stocks under $100 to buy according to hedge funds. While we acknowledge the growth potential of DIS, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DIS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
23-04-2025
- Business
- Yahoo
Is Citigroup Inc. (NYSE:C) the Best Stock Under $100 to Buy According to Hedge Funds?
We recently published a list of the 12 Best Stocks Under $100 to Buy According to Hedge Funds. In this article, we are going to take a look at where Citigroup Inc. (NYSE:C) stands against other stocks under $100 to buy according to hedge funds. On April 21, Chris Davis of Davis Advisors appeared on 'The Exchange' on CNBC to talk about selectivity in today's market. Davis pointed out that putting companies in groups like the MAG7 covers their underlying businesses, which can have different fundamentals and therefore prospects. For this reason, he acknowledged that he owns certain stocks from MAG7 but not all. Davis also clarified that his overall focus is on value and growth, which leads him to a diverse set of holdings and not just tech, such as financials and healthcare names. He then argued that the market is shifting back toward selectivity and active management. He suggested that active management is positioned for a resurgence because the indexes have become highly concentrated and richly valued. Davis acknowledged that while he cannot predict the market's short-term movements, the present environment is ideal for stock pickers who can identify resilient businesses that are trading at reasonable valuations. He sees this as an opportunity for active management to outperform, as investors move away from momentum-driven index investing toward a more selective approach. He noted the growing popularity of actively managed ETFs as evidence that investors are beginning to act on this shift away from index concentration. He also believes that within the MAG7, only a few companies are truly well-positioned. Similarly, within the S&P 500, only 5% to 10% of companies possess the resiliency and durability needed for such volatile times. Davis laid out what he sees as the major transitions shaping the current investment environment. First, he described the shift from nearly 15 years of free money to a more normal interest rate environment. Second, he pointed to the end of a multi-decade era of globalization, which was replaced by deglobalization, rising nationalism, and geopolitical tensions. Third, he highlighted the impact of AI. He said that these transitions are occurring against a backdrop of market complacency, with high valuations and concentrated growth expectations. We first used the Finviz stock screener to compile a list of the top stocks that were trading under $100 as of April 22. We then selected the 12 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey's database which tracks the moves of over 1000 elite money managers. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of financial advisors huddled around a desk, discussing the best investment strategy for their client. Share Price as of April 22: $62.69 Number of Hedge Fund Holders: 101 Citigroup Inc. (NYSE:C) is a diversified financial services holding company that provides various financial products and services to consumers, corporations, governments, and institutions. It has five segments: Services, Markets, Banking, US Personal Banking, and Wealth. It operates in North America, the UK, Japan, North & South Asia, Australia, Europe, the Middle East, and Africa. In Q1 2025, the company's Wealth revenues surged by 24% year-over-year, with all three of its constituent businesses (Citi Gold, the Private Bank, and Wealth at Work) contributing to this expansion. This growth was driven by fee revenue, which fueled non-interest revenue growth of 16%. The business also showed a strong ability to attract client assets, which is evidenced by the ~11% organic growth in client investment. This translates to net new investment assets of $16.5 billion in Q1 and over $56 billion in the last 12 months. While expenses were roughly flat due to offsetting factors like prior workforce reductions and increased revenue-related costs, the pre-tax margin for the Wealth segment at Citigroup Inc. (NYSE:C) stood at a healthy 17%. The segment achieved positive operating leverage for the fourth consecutive quarter. End-of-period client balances also increased by 7%, which was driven by strong net new investment asset flows and positive market valuation. Diamond Hill Capital Long-Short Fund stated the following regarding Citigroup Inc. (NYSE:C) in its first quarter 2024 investor letter: 'Other top Q1 contributors included Meta Platforms, Citigroup Inc. (NYSE:C) and Walt Disney. Banking and financial services company Citigroup's restructuring efforts are ongoing, and it continues remediating regulatory issues and building capital in anticipation of increased requirements. The company expects to see expenses fall meaningfully in the second half of 2024, bolstering the outlook from here.' Overall, C ranks 7th on our list of the best stocks under $100 to buy according to hedge funds. While we acknowledge the growth potential of C, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than C but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
23-04-2025
- Business
- Yahoo
Is Marvell Technology Inc. (NASDAQ:MRVL) the Best Stock Under $100 to Buy According to Hedge Funds?
We recently published a list of the 12 Best Stocks Under $100 to Buy According to Hedge Funds. In this article, we are going to take a look at where Marvell Technology Inc. (NASDAQ:MRVL) stands against other stocks under $100 to buy according to hedge funds. On April 21, Chris Davis of Davis Advisors appeared on 'The Exchange' on CNBC to talk about selectivity in today's market. Davis pointed out that putting companies in groups like the MAG7 covers their underlying businesses, which can have different fundamentals and therefore prospects. For this reason, he acknowledged that he owns certain stocks from MAG7 but not all. Davis also clarified that his overall focus is on value and growth, which leads him to a diverse set of holdings and not just tech, such as financials and healthcare names. He then argued that the market is shifting back toward selectivity and active management. He suggested that active management is positioned for a resurgence because the indexes have become highly concentrated and richly valued. Davis acknowledged that while he cannot predict the market's short-term movements, the present environment is ideal for stock pickers who can identify resilient businesses that are trading at reasonable valuations. He sees this as an opportunity for active management to outperform, as investors move away from momentum-driven index investing toward a more selective approach. He noted the growing popularity of actively managed ETFs as evidence that investors are beginning to act on this shift away from index concentration. He also believes that within the MAG7, only a few companies are truly well-positioned. Similarly, within the S&P 500, only 5% to 10% of companies possess the resiliency and durability needed for such volatile times. Davis laid out what he sees as the major transitions shaping the current investment environment. First, he described the shift from nearly 15 years of free money to a more normal interest rate environment. Second, he pointed to the end of a multi-decade era of globalization, which was replaced by deglobalization, rising nationalism, and geopolitical tensions. Third, he highlighted the impact of AI. He said that these transitions are occurring against a backdrop of market complacency, with high valuations and concentrated growth expectations. We first used the Finviz stock screener to compile a list of the top stocks that were trading under $100 as of April 22. We then selected the 12 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey's database which tracks the moves of over 1000 elite money managers. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An assembly line in a semiconductor factory, with workers at their stations. Share Price as of April 22: $49.38 Number of Hedge Fund Holders: 105 Marvell Technology Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions that span the data center core to the network edge. It develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of Ethernet solutions and custom application-specific integrated circuits. Marvell's data center segment improved by 88% year-over-year to exceed its $1.5 billion AI revenue target in FY2025. In FQ4 alone, this revenue surged by 78%, with the company exceeding its $1.5 billion. Marvell Technology Inc. (NASDAQ:MRVL) now aims to make over $2.5 billion in FY2026. The company is investing in technologies like 1.6T PAM DSPs and 2-nanometer silicon IP, which are needed by next-gen data center interconnects for AI and cloud computing. Marvell is also collaborating with AWS to provide AWS with ASICs for next-gen XPUs that are crucial for cloud computing, which will further support the company's growth. However, on April 17, Stifel lowered the stock's price target to $80 from $115 while keeping a Buy rating. Stifel anticipates the Analog, Connectivity, and Processors group to have generally in-line March quarter results due to tariff impacts. It stated that June quarter outlooks appear even softer. Overall, MRVL ranks 6th on our list of the best stocks under $100 to buy according to hedge funds. While we acknowledge the growth potential of MRVL, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
23-04-2025
- Business
- Yahoo
Is Bank of America Corp. (NYSE:BAC) the Best Stock Under $100 to Buy According to Hedge Funds?
We recently published a list of the 12 Best Stocks Under $100 to Buy According to Hedge Funds. In this article, we are going to take a look at where Bank of America Corp. (NYSE:BAC) stands against other stocks under $100 to buy according to hedge funds. On April 21, Chris Davis of Davis Advisors appeared on 'The Exchange' on CNBC to talk about selectivity in today's market. Davis pointed out that putting companies in groups like the MAG7 covers their underlying businesses, which can have different fundamentals and therefore prospects. For this reason, he acknowledged that he owns certain stocks from MAG7 but not all. Davis also clarified that his overall focus is on value and growth, which leads him to a diverse set of holdings and not just tech, such as financials and healthcare names. He then argued that the market is shifting back toward selectivity and active management. He suggested that active management is positioned for a resurgence because the indexes have become highly concentrated and richly valued. Davis acknowledged that while he cannot predict the market's short-term movements, the present environment is ideal for stock pickers who can identify resilient businesses that are trading at reasonable valuations. He sees this as an opportunity for active management to outperform, as investors move away from momentum-driven index investing toward a more selective approach. He noted the growing popularity of actively managed ETFs as evidence that investors are beginning to act on this shift away from index concentration. He also believes that within the MAG7, only a few companies are truly well-positioned. Similarly, within the S&P 500, only 5% to 10% of companies possess the resiliency and durability needed for such volatile times. Davis laid out what he sees as the major transitions shaping the current investment environment. First, he described the shift from nearly 15 years of free money to a more normal interest rate environment. Second, he pointed to the end of a multi-decade era of globalization, which was replaced by deglobalization, rising nationalism, and geopolitical tensions. Third, he highlighted the impact of AI. He said that these transitions are occurring against a backdrop of market complacency, with high valuations and concentrated growth expectations. We first used the Finviz stock screener to compile a list of the top stocks that were trading under $100 as of April 22. We then selected the 12 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey's database which tracks the moves of over 1000 elite money managers. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A professional banker providing consultation to a customer in the security of his office. Share Price as of April 22: $36.92 Number of Hedge Fund Holders: 113 Bank of America Corp. (NYSE:BAC) provides various financial products and services for individual consumers, small & middle-market businesses, institutional investors, large corporations, and governments. It operates through four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. On April 8, Truist Financial analyst John McDonald CFA maintained a Buy rating on the stock with a $50 price target. This sentiment is supported by the bank's position as the second-largest bank in the developed world and the third-largest branch network in the US. The bank makes 86% of its revenue from the US and is expected to benefit from the Trump administration. In Q1 2025, the bank's Global Markets segment made $1.9 billion in net income, which was an 8% increase year-over-year. Revenue, excluding DVA (Debit Valuation Adjustment), improved by 10% and reached $5.6 billion in sales and trading revenue. This growth was led by Equities, which saw a 17% increase, and FIC (Fixed Income, Currencies, and Commodities), which grew by 5%. Both Equities and FICC benefited from increased client activity during market volatility Hardman Johnston Global Equity Strategy stated the following regarding Bank of America Corporation (NYSE:BAC) in its Q4 2024 investor letter: 'Bank of America Corporation (NYSE:BAC) is the second largest bank in the developed world and operates the third largest branch network in the US. With 86% of revenues coming from the US, the bank is a clear beneficiary of the lower regulatory environment expected from the incoming administration. The company's business is highly diversified across retail, commercial, wealth management, and investment banking, with significant scale across all verticals. Management believes there is a big opportunity going forward in growing and monetizing its mass retail client base. Wealth is another huge opportunity, with the Merrill Lynch platform enabling customers to make more transactions and purchase additional products. Lastly, Bank of America has an opportunity to increase efficiency through cost reduction and online banking. Our expectation is for the bank's ROE to move significantly higher, driving EPS growth and higher multiples.' Overall, BAC ranks 4th on our list of the best stocks under $100 to buy according to hedge funds. While we acknowledge the growth potential of BAC, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BAC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
