In this article, we will discuss: 10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital. For more stocks, you can head to 5 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital.
Glenn Dubin, who founded the hedge fund Highbridge Capital in 1992, is one of the richest people in the world. According to Forbes Magazine, his net worth is $2.9 billion as of June 2026. Dubin sold his hedge fund to banking giant JPMorgan in 2004, with JPMorgan buying the remaining shares in 2009, with Dubin remaining the fund’s chief executive. Dubin had founded the firm with his childhood friend Henry Swieca, and the fund now operates as a JPMorgan Asset Management subsidiary. In 2013, he stepped down from his role as Highbridge’s CEO and, in 2020, took a step back from managing hedge funds entirely.
Highbridge Capital has made several changes since being taken over by JPMorgan. For instance, in 2019, Business Insider reported that the fund was winding down its $2 billion multi-strategy fund to focus on its credit business. The fund held the final close of its Highbridge Convertible Dislocation Fund in 2020 after converting its multi-strategy fund to a credit fund in the previous year. Reports suggested that investors were looking for specialized strategies as opposed to multiple strategies.
Glenn Russell Dubin of Highbridge Capital Management
Our Methodology
For this article, we scanned Highbridge Capital Management’s Q1 portfolio and picked its top holdings.
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 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. Kenvue Inc. (NYSE:KVUE)
Highbridge Capital’s Stake: $20.2 million
Consumer health company Kenvue Inc. (NYSE:KVUE)’s shares are down by 8.8% over the past year and are up by 10% year-to-date. Several analysts have discussed the firm in 2026. On April 15th, Citi cut the share price target to $19 from $20 and kept a Neutral rating on the shares. The coverage was part of Citi’s coverage of the broader sector, as it remarked that investors would be focused on margin risk and the impact of high oil prices. Earlier, on March 6th, Barclays had increased the share price target to $19 from $18 and kept an Equal Weight rating on the shares. However, on April 14th, Barclays reduced the target to $18. As was the case with Citi, the bank also discussed the impact of higher input costs on Kenvue Inc. (NYSE:KVUE)’s business.
Highbridge Capital first disclosed holding Kenvue Inc. (NYSE:KVUE)’s in its filings for the third quarter of 2023. Back then, it disclosed holding 31,408 shares that were worth $630,673. Then, it removed the stake in Q4. The fund disclosed holding 1.1 million Kenvue Inc. (NYSE:KVUE) shares in its Q4 2025 filings and the number of shares remained unchanged in Q1 2026.
9. Cartesian Growth Corporation III (NASDAQ:CGCT)
Highbridge Capital’s Stake: $20.7 million
Cartesian Growth Corporation III (NASDAQ:CGCT) was a special purpose acquisition company (SPAC) that closed its reverse merger with solid-state battery developer Factorial Inc on June 5th. Highbridge Capital disclosed its stake for the first quarter. The stake was worth $20.7 million, and it came courtesy of two million shares. The hedge fund first disclosed holding Cartesian Growth Corporation III (NASDAQ:CGCT)’s shares during the second quarter of 2025 before exiting. It then re-entered the position in Q4 2025 at an average share price of $10.15.
Cartesian Growth Corporation III (NASDAQ:CGCT)’s shares now trade as Factorial Energy Inc. (NASDAQ:FAC). Since June 5th, they are down by 16.8%. The firm is a solid-state battery company that caters to the needs of the defense, robotics, and other industries. On Monday, the firm published a shareholder letter following its NASDAQ debut. In it, Factorial Energy Inc. (NASDAQ:FAC) took an optimistic note about its future as its CEO wrote:
“Humanity has entered into a new era, one that requires more powerful and reliable batteries to power high-performance systems around the world. As energy is becoming one of the defining constraints of this era, it is creating opportunities to shape the future of aerospace, defense, mobility and computing alike. Factorial was built to seize the opportunity. With proven solid-state battery technology, validated partnerships, and a capital-light path to scale, we believe we are well positioned to lead as that future takes shape. We are proud to bring that combination to the public markets, and we look forward to building on it with you.”
