In this article, we will discuss: 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. For more stocks, you can head to 5 Best Stocks to Buy According to Billionaire Jeffrey Talpins.
As of July 2026, Jeffrey Talpins, the founder of the hedge fund Element Capital Management, was worth $2.8 billion. He is the chief investment officer and the chief executive officer of Element Capital. Talpins set up Element Capital in 2005, which makes the fund relatively young when compared to some of the other names in the industry. The fund is an alternative investment manager that focuses on macro investing.
As of the first quarter of 2026, the fund disclosed holdings worth $1 billion in its 13F filings. This marked a sharp jump over the year ago figure of $402 million. When it comes to hedge funds, most media coverage focuses on well known names such as Ken Griffin’s Citadel, DE Shaw’s DE Shaw, or Bill Ackman’s Pershing Square. However, Element Capital, while not as widely discussed, nevertheless carries a punch when it comes to returns.
This fact was clear through Institutional Investor’s 2025 Rich List. In this list, Element Capital ranked in 12th place and was tied in the ranking with Joseph Edelman’s Perceptive Advisors. The ranking came courtesy of Jeffery Talpings raking in a cool $900 million during the year, which placed him higher than Tiger Global’s Chase Coleman, who brought in $800 million.
So which stocks were in the fund’s latest 13F filings? Take a look below to find out!
Jeffrey Talpins of Element Capital
Our Methodology
For this article, we scanned Element Capital Management’s Q1 portfolio and picked its top holdings. Puts, calls, and ETF holdings were ignored. 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. Lockheed Martin Corporation (NYSE:LMT)
Element Capital’s Stake: $6 million
Lockheed Martin Corporation (NYSE:LMT) is one of the largest and most important defense manufacturers in America. Its shares are up by 16.4% over the past year and by 9.8% year-to-date. Jefferies discussed the firm on June 25th as it cut the share price target to $575 from $595 and kept a Hold rating on the stock. The bank commented that Lockheed Martin Corporation (NYSE:LMT)’s upcoming second quarter earnings could see its revenue grow by 5%, but added that it now expects the firm to miss analyst estimates for earnings due to weaker margins in its aeronautics and space business.
With global warfare moving increasingly towards drones, as demonstrated by Ukraine’s gains against Russia, Lockheed Martin Corporation (NYSE:LMT) made an important announcement on June 3rd. This announcement saw the firm use a container launched missile to destroy a drone. In late May, the firm won more than $350 million in contracts for Foreign Military Sales customers.
Greenskeeper Asset Management discussed Lockheed Martin Corporation (NYSE:LMT) in its Q1 2026 investor letter:
“Rounding out our top performers in the first quarter were our defense holdings: Lockheed Martin Corporation (NYSE:LMT) +25% and General Dynamics (GD) +2%. Ongoing global conflicts and the fraying of the NATO alliance continue to underscore the critical need for sustained investment in national defense. Beyond their defense segments, both companies reached a historic milestone this quarter with the successful Artemis II mission—the first crewed flight around the moon since 1972. Lockheed Martin was responsible for the Orion crew module and the spacecraft’s complex flight software, while General Dynamics provided the essential emergency radios and transponders that linked the astronauts to mission control. With the crew now safely home, we can officially declare: ‘mission accomplished.'”
9. Northrop Grumman Corporation (NYSE:NOC)
Element Capital’s Stake: $6.1 million
Northrop Grumman Corporation (NYSE:NOC) is another major defense contractor. Its shares are up by 8% over the past year and are down by 6.3% year-to-date. Several analysts discussed the firm in June. For instance, Citi slashed the share price target to $587 from $628 and kept a Buy rating on the stock. Citi’s coverage came as part of its focus on the defense sector ahead of the second quarter earnings season. Discussing the firms along the lines of aerospace and non-aerospace stocks, the bank remarked that the aerospace firms could post big earnings beats but disappoint with guidance raises.
Jefferies commented on Northrop Grumman Corporation (NYSE:NOC) first on May 26th and then on June 26th. On the 26th of May, it remarked that the aerospace company was experiencing cost pressures from its B-21 program and rising capital expenditures. As a result, it cut Northrop Grumman Corporation (NYSE:NOC)’s share price target to $628 from $742. Then, in June, it further reduced the price target to $580 and commented that the firm should keep its full-year 2026 guidance unchanged.
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