10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital

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6. Brighthouse Financial, Inc. (NASDAQ:BHF)

Highbridge Capital’s Stake: $26.2 million  

Brighthouse Financial, Inc. (NASDAQ:BHF) is a financial services firm that provides life insurance and annuity products. Its shares are up by 17.8% over the past year and are down by 1.8% year-to-date. Brighthouse Financial, Inc. (NASDAQ:BHF) has been in the news over the past couple of months primarily due to being a target of acquisition by Aquarian Capital. News of the deal first surfaced in November 2026 and suggested that Brighthouse Financial, Inc. (NASDAQ:BHF) would be acquired for a $4.1 billion price tag. Following the report, the shares surged by a whopping 26.7%.

Highbridge Capital first disclosed a stake in Brighthouse Financial, Inc. (NASDAQ:BHF) in the second quarter of 2018. Back then, the fund’s 13F filings revealed that it held 11,490 shares that were worth $460,000. It then exited the position in the third quarter. The latest stake in Brighthouse Financial, Inc. (NASDAQ:BHF) came in Q3 2025 when Highbridge disclosed holding 275,390 shares that were worth $17.8 million. It bumped the stake to 438,372 shares in the first quarter of 2026.

Greenlight Capital discussed Brighthouse Financial, Inc. (NASDAQ:BHF) in its fourth quarter 2025 investor letter:

“Brighthouse Financial, Inc. (NASDAQ:BHF): After years of frustration, the company put itself up for sale, which led to a sale process that culminated in a buyer agreeing to purchase the company. While the valuation at less than two-thirds of book value is not exciting, it does provide us with a reasonable exit from a challenged situation. We likely will write more about this after we do, in fact, exit.”

While we acknowledge the potential of BHF to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BHF and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see 5 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital.

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