10 Best Stocks to Invest In According to Philip Timon’s Owls Nest Partners

Published August 13, 2021 at 2:46 pm EDT Updated August 19, 2026 at 5:15 am EDT

In this article, we will discuss the 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners based on Q1 holdings of the fund.

Philip Timon is a financial adviser with 13 years of expertise based in Chadds Ford, Pennsylvania. He is the portfolio manager of Owls Nest Partners.

Some notable holdings of Philip Timon’s Owls Nest Partners as of the end of the first quarter include The Ensign Group, Inc. (NASDAQ: ENSG), Progyny, Inc. (NASDAQ: PGNY), and Grand Canyon Education, Inc. (NASDAQ: LOPE).

In The Ensign Group, Inc., Philip Timon’s Owls Nest Partners owns 239,350 shares. The investment covers an impressive 13.1% of the fund’s portfolio. On July 28, The Ensign Group, Inc. posted earnings for the second quarter of 2021. It reported earnings per share of $0.89, beating market predictions by $0.01. On June 22, Stifel analyst Tao Qiu initiated coverage on The Ensign Group, Inc. with a “Buy” rating and $95 price target.

Philip Timon’s Owls Nest Partners also has a stake in Progyny, Inc., even though the hedge fund slashed its stake in the company by 14% in the first quarter. It still owns 478,850 shares of the company, worth $21.31 million. Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States.

Based on the latest 13F holdings for the first quarter of 2021, Owls Nest Partners owns 198,400 shares in Grand Canyon Education, Inc. after cutting its holding in the company by 2% from Q4 2020. On August 5, Grand Canyon Education, Inc. declared results for the second quarter of 2021. The company posted earnings per share of $1.12, beating the estimates by $0.03. The revenue over the period was $201.48 million, up 8.5% YoY.

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With this context in mind, here is our list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. We used Timon’s 13F portfolio for the first quarter for this analysis.

Best Stocks to Invest in According to Philip Timon’s Owls Nest Partners

10. Zillow Group, Inc. (NASDAQ: Z)

Timon’s Stake Value: $331,000
Percentage of Philip Timon’s 13F Portfolio: 0.19%
Number of Hedge Fund Holders: 82

Zillow Group, Inc. (NASDAQ: Z) is an American digital real estate company. It was founded in 2004 and is placed tenth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Zillow Group, Inc. stock has offered investors more than 32.51% in returns over the course of the past 12 months.

On August 5, Zillow Group, Inc. reported earnings for the second quarter of 2021. Revenue over the period was $1.31 billion, surpassing forecasts by $40 million. The same day, Zillow Group, Inc. was upgraded to “Buy” from “Hold” by Zelman, which stated that cyclical concerns are now better represented in the stock price.

Owls Nest Partners holds 2,550 shares in Zillow Group, Inc., worth over $331 thousand. This represents 0.19% of their portfolio. The hedge fund’s stake in Zillow stock increased by 14% in the first quarter of 2021, the latest data reveals. Catherine D. Wood’s ARK Investment Management is a leading shareholder in Zillow Group, Inc. with 10.15 million shares worth more than $1 billion.

Just like The Ensign Group, Inc., Progyny, Inc., and Grand Canyon Education, Inc., Zillow Group, Inc. is one of the best stocks according to Philip Timon’s Owls Nest Partners.

In its second quarter 2021 investor letter of RiverPark Funds, mentioned Zillow Group, Inc.. Here is what the fund said:

“Although Zillow’s 1Q results comfortably topped Street estimates across every major business metric, Zillow Group, Inc. shares were our final top detractor as 2Q guidance was mixed as the company plans to reinvest more aggressively, which will likely be a short-term drag on profitability. Zillow Group, Inc.’s total revenue grew 8% year over year and 54% quarter over quarter. IMT (the company’s media business, which currently delivers the majority of its cashflow) grew revenue

35% year over year and adjusted EBITDA increased 143% year over year to $209 million with 2,100 basis points of margin expansion to 47%. Zillow Group, Inc. management guided to second quarter revenue of $1.24 billion to $1.28 billion, representing 61%-67%, driven by 64%-68% IMT growth and $116 million to $140 million adjusted EBITDA, up from $16 million in 2Q20.….”(Click here to see the full text)

9. PaySign, Inc. (NASDAQ: PAYS)

Timon’s Stake Value: $865,000
Percentage of Philip Timon’s 13F Portfolio: 0.5%
Number of Hedge Fund Holders: 10

PaySign, Inc. (NASDAQ: PAYS) provides prepaid card products and processing services for corporate, consumer, and government applications. The company was founded in 1995 and stands ninth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. The shares of PaySign, Inc. currently have a $127.99 million market capitalization.

On August 10, PaySign, Inc. released earnings for the second quarter of 2021. The firm reported earnings per share of -$0.02, beating the estimates by $0.01. Revenue was $6.65 million, up 3.3% year over year, missing the forecast by $0.11 million.

The hedge fund chaired by Philip Timon holds 198,000 shares in PaySign, Inc. worth $865 thousand. Owls Nest Partners’ stake in PaySign shares decreased by 21% in the first quarter of 2021.

Just like The Ensign Group, Inc., Progyny, Inc., and Grand Canyon Education, Inc., PaySign, Inc. is one of the best stocks according to Philip Timon’s Owls Nest Partners.

In its fourth-quarter 2020 Investor Letter, Wasatch Micro Cap Value Fund highlighted a few stocks, and PaySign, Inc. is one of them. Here is what the fund said:

“Paysign, Inc. (PAYS) was also a major detractor. The company develops and manages payment services, prepaid-card programs and customized payment plans. A large portion of Paysign’s business comes from blood banks. With many of the usual blood donors receiving government assistance and limiting their personal interactions, activity at blood banks has declined—which was a trend we saw coming. But we misjudged the magnitude of the trend. At the lower share prices recently available, we increased our position in Paysign because we think payment activity will accelerate as the economy continues to reopen and people resume more of their normal routines.”

8. Tecnoglass Inc. (NASDAQ: TGLS)

Timon’s Stake Value: $1,798,000
Percentage of Philip Timon’s 13F Portfolio: 1.04%
Number of Hedge Fund Holders: 10

Tecnoglass Inc. (NASDAQ: TGLS) manufactures, supplies, and installs the architectural glass, windows, and other aluminum products for the commercial and residential building industries through its subsidiaries. The company was founded in 1984 and ranks eighth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Tecnoglass Inc. currently has a $1.1 billion market capitalization and was able to deliver a 331.58% return in the past 12 months.

On August 9, Raymond James analyst Joshua Wilson raised the price target on Tecnoglass Inc. to $26 from $15 and maintained a “Strong Buy” rating on the shares. On August 6, the company announced earnings for the second quarter of 2021. The company posted earnings per share of $0.41, beating the market predictions by $0.09. The revenue over the period was $121.7 million, 48.5% YoY, beating the estimates by $14.67 million. On June 7, Tecnoglass Inc. declared a quarterly dividend of $0.0275 per share, in line with the previous.

Owls Nest Partners holds 149,602 shares in Tecnoglass Inc. worth over $1 million, representing 1.04% of its portfolio. The hedge fund has increased stakes in the firm by 50% in the first quarter of 2021. In addition, hedge funds are loading up on Tecnoglass Inc., as Insider Monkey’s data shows that 10 hedge funds held stakes in the company as of the end of the first quarter of 2021, compared to 6 funds a quarter earlier.

Just like Zillow Group, Inc., The Ensign Group, Inc., Progyny, Inc., and Grand Canyon Education, Inc., Tecnoglass Inc. is one of the best stocks according to Philip Timon’s Owls Nest Partners.

7. Repay Holdings Corporation (NASDAQ: RPAY)

Timon’s Stake Value: $11,604,000
Percentage of Philip Timon’s 13F Portfolio: 6.77%
Number of Hedge Fund Holders: 15

Repay Holdings Corporation (NASDAQ: RPAY) supplies industry-oriented marketplaces with integrated payment processing solutions. The company was founded in 2006 and is placed seventh on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Repay Holdings Corporation currently has a $2.4 billion market capitalization.

On August 9, Repay Holdings Corporation announced its earnings for the second quarter of 2021. It posted earnings per share of $0.34, beating the market predictions by $0.20. In addition, the revenue over the period was $48.4 million, beating the estimates by $3.96 million. On July 7, Repay Holdings Corporation declared a collaboration with Credit Management Company.

Philip Timon’s Owls Nest Partners currently holds 494,200 shares of Repay Holdings Corporation that amounts to $11.60 million. Repay occupies 6.77% of Owls Nest Partners’ total portfolio. The hedge fund has increased stakes in the firm by 108% in the past few months. Royce & Associates is a leading shareholder in Repay Holdings Corporation, with 1.13 million shares worth more than $27 million.

Just like Zillow Group, Inc., The Ensign Group, Inc., Progyny, Inc., and Grand Canyon Education, Inc., Repay Holdings Corporation is one of the best stocks according to Philip Timon’s Owls Nest Partners.

6. Floor & Decor Holdings, Inc. (NYSE: FND)

Timon’s Stake Value: $12,231,000
Percentage of Philip Timon’s 13F Portfolio: 7.13%
Number of Hedge Fund Holders: 38

Floor & Decor Holdings, Inc. is a multi-channel specialty retailer with hard surface flooring and related accessories. It was incorporated in 2000 and is ranked sixth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Floor & Decor Holdings, Inc. shares have offered investors returns exceeding 84.12% over the course of the past 12 months.

On August 9, Morgan Stanley analyst Simeon Gutman raised the price target on Floor & Decor Holdings, Inc. to $125 from $115 and kept an “Equal Weight” rating on the shares following the recent Q2 results. On August 5, Floor & Decor Holdings, Inc. posted earnings results for the second quarter of 2021. The earnings per share was $0.73, beating market predictions by $0.10. In addition, the revenue over the period was $860.11 million, up 86.0% YoY, beating the estimates by $17.98 million.

The hedge fund managed by Philip Timon holds 128,100 shares in Floor & Decor Holdings, Inc., worth over $12 million, representing 7.13% of their portfolio. As of the end of the first quarter, 38 hedge funds in Insider Monkey’s database of 866 funds held stakes in Floor & Decor Holdings, Inc. compared to 31 funds in the quarter earlier.

Just like Zillow Group, Inc., The Ensign Group, Inc., Progyny, Inc., and Grand Canyon Education, Inc., Floor & Decor Holdings, Inc. is one of the best stocks according to Philip Timon’s Owls Nest Partners.

Blue Hawk Investment Group, in its fourth-quarter 2020 investor letter, mentioned Floor & Decor Holdings, Inc.. Here is what the fund said:

“Floor & Decor contributed almost 500 bps to performance as low interest rates buoyed the housing market. The company briefly paused their 20% annual unit store growth plans amid the pandemic, then reiterated their intention to resume expansion in 2021. With 20% store growth and mid to high single digit comps, we think FND can be a mid to high twenties or greater top-line grower with margin upside for years to come. We think the stock remains significantly undervalued today. We originally started buying the stock around $27 in 2018, a 4x at today’s prices, and we would not be surprised if this stock doubled again over the next 2-3 years. We discuss later in the letter why we may make this our biggest position going forward….”(Click here to see the full text)

5. Interactive Brokers Group, Inc. (NASDAQ: IBKR)

Timon’s Stake Value: $16,821,000
Percentage of Philip Timon’s 13F Portfolio: 9.81%
Number of Hedge Fund Holders: 31

Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a global automated electronic broker. The company was founded in 1977 and ranks fifth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Interactive Brokers Group, Inc. currently has a $27.07 billion market capitalization and was able to deliver a 28.63% return in the past 12 months.

In the second quarter, the company’s revenue was over $650 million, up 24.3% YoY, but missing the estimates by $19.49 million. Interactive Brokers Group, Inc. also declared a quarterly dividend of $0.10 per share, in line with the previous.

The hedge fund managed by Philip Timon owns 230,300 shares in Interactive Brokers Group, Inc. worth over $16 million, representing close to 9.81% of their portfolio. Owls Nest Partners has increased its stake in the firm by 12% in the first quarter of 2021. In addition, hedge funds are loading up on Interactive Brokers Group, Inc., as Insider Monkey’s data shows that 31 hedge funds held stakes in the company as of the end of the first quarter of 2021, up from 28 funds a quarter earlier.

4. Allegiant Travel Company (NASDAQ: ALGT)

Timon’s Stake Value: $17,353,000
Percentage of Philip Timon’s 13F Portfolio: 10.12%
Number of Hedge Fund Holders: 22

Allegiant Travel Company (NASDAQ: ALGT) is a travel company that caters to inhabitants of underserved cities across the United States. The company was founded in 1997 and is placed fourth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Allegiant Travel Company shares have returned 56.79% to investors over the course of the past 12 months.

On July 29, BofA analyst Andrew Didora initiated a coverage on Allegiant Travel Company, upgrading the stock to “Buy” from “Neutral” with a $260 price target. On July 28, the company posted earnings for the second quarter of 2021. Allegiant Travel Company reported earnings per share of $3.46, beating market predictions by $0.51. In addition, the revenue for the second quarter was over $472.4 million, up 254.4% YoY, beating the estimates by $10.72 million.

Philip Timon’s Owls Nest Partners holds 71,100 shares in Allegiant Travel Company, worth over $17 million, representing 10.12% of their portfolio. The hedge fund has trimmed stakes in the firm by 26% in the past few months. At the end of the first quarter of 2021, 22 hedge funds in the database of Insider Monkey held stakes worth $ 402.21 million in Allegiant Travel Company, up from 19 the preceding quarter worth $416.71 million.

Wasatch Global Investors, in its first-quarter 2021 investor letter, mentioned Allegiant Travel Company. Here is what the fund said:

“We recently purchased additional shares of Allegiant Travel Co. (ALGT) not because it’s a play on the economic reopening but because we like the company’s fundamentals and stock price from a risk/reward perspective. Allegiant offers airline flights, hotel bookings, car rentals, travel management and other related services. When the stock price declined in 2020, we performed more research on the company. Although other travelrelated companies were facing dire circumstances, Allegiant wasn’t forced to raise dilutive equity or take government money. Since then, Allegiant has strengthened its relationships with pilots and crews and has positioned itself to benefit from leisure travel—which should accelerate sooner than business travel.”

3. Grand Canyon Education, Inc. (NASDAQ: LOPE)

Timon’s Stake Value: $21,249,000
Percentage of Philip Timon’s 13F Portfolio: 12.4%
Number of Hedge Fund Holders: 24

Grand Canyon Education, Inc. is a company that provides educational services to schools and universities around the US. The company was founded in 1949 and stands third on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Grand Canyon Education, Inc. currently has a $3.96 billion market capitalization.

On February 2, Barrington analyst Alexander Paris raised the price target on Grand Canyon to $125 from $110 and reiterated an “Outperform” rating on the shares.

The hedge fund chaired by Philip Timon holds 198,400 shares in Grand Canyon Education, Inc. worth over $21 million. Owls Nest Partners’ stake in Grand Canyon Education, Inc. shares decreased by 2% in the first quarter of 2021. Hedge funds are loading up on Grand Canyon Education, Inc., as Insider Monkey’s data shows that 24 hedge funds held stakes in the company as of the end of the first quarter of 2021, compared to 26 funds a quarter earlier.

Wasatch Global Investors, in its first quarter 2021 investor letter, mentioned Grand Canyon Education, Inc.. Here is what the fund said:

“Grand Canyon Education, Inc. (LOPE)—a Fallen Angel that we have followed for a decade but had not owned until now—was among our notable purchases in the quarter. We believe Grand Canyon is the best-positioned publicly traded for-profit education company due to its strong brand, unique on-campus and online educational environments, and long runway of opportunity.”

2. Progyny, Inc. (NASDAQ: PGNY)

Timon’s Stake Value: $21,314,000
Percentage of Philip Timon’s 13F Portfolio: 12.44%
Number of Hedge Fund Holders: 26

Progyny, Inc. focuses on fertility and family-building. The company was founded in 2008 and ranks second on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Progyny, Inc. currently has a $4.2 billion market capitalization and was able to deliver a 54.38% return in the past 12 months.

On August 12, Barclays analyst Sarah James initiated a coverage on Progyny, Inc. with an “Overweight” rating and $64 price target. The hedge fund managed by Philip Timon owns 478,850 shares in Progyny, Inc. worth over $21 million, representing 12.44% of their portfolio. Owls Nest Partners decreased its stake in the firm by 14% in the first quarter of 2021. Hedge funds are loading up on Progyny, Inc., as Insider Monkey’s data shows that 26 hedge funds held stakes in the company as of the end of the first quarter of 2021, up from 24 funds a quarter earlier.

Polen Capital, in its first quarter 2021 investor letter, mentioned Progyny, Inc.. Here is what the fund said:

“Progyny is a fertility benefits manager that works on behalf of self-insured companies and their employees to provide fertility outcomes at a lower cost. Fertility is a somewhat unique benefit in that it is rarely used and relatively expensive with extremely high tail risk cost. Additionally, providing this benefit is becoming increasingly table stakes for human-capital-centric businesses.….”(Click here to see the full text)

1. The Ensign Group, Inc. (NASDAQ: ENSG)

Timon’s Stake Value: $22,461,000
Percentage of Philip Timon’s 13F Portfolio: 13.1%
Number of Hedge Fund Holders: 13

The Ensign Group, Inc. is a healthcare company that specializes in acute care and various ancillary companies. The company was founded in 1999 and is placed first on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. The Ensign Group, Inc. shares have returned 51.93% to investors over the course of the past 12 months.

On August 2, Sedona Trace Health and Wellness Center, a 119-bed skilled nursing facility in Austin, TX, and Cedar Pointe Health and Wellness Center, a 122-bed skilled nursing facility in Cedar Park, TX, were acquired by The Ensign Group, Inc.. On June 18, The Ensign Group, Inc. declared a quarterly dividend of $0.0525 per share, in line with the previous.

Philip Timon’s Owls Nest Partners holds 239,350 shares in The Ensign Group, Inc., worth over $22 million, representing 13.1% of their portfolio. The hedge fund has trimmed stakes in the firm by 28% in the first quarter of 2021. At the end of the first quarter of 2021, 13 hedge funds in the database of Insider Monkey held stakes worth $87.84 million in The Ensign Group, Inc., down from 19 the preceding quarter worth $114.64 million.

Wasatch Global Investors, in its first-quarter 2021 investor letter, mentioned The Ensign Group, Inc.. Here is what the fund said:

“The second-best contributor was Ensign Group, Inc. (ENSG), which operates facilities offering assisted living, nursing services, rehabilitative care, and physical, occupational and speech therapies. In our view, the company handled the Covid-19 crisis extremely well. Throughout most of the crisis, occupancy levels weren’t down as much as might have been expected. But patients did postpone many treatments. More recently, occupancy levels and treatments have experienced a resurgence. Going forward, we expect impressive comparisons to prior-period financial results and especially strong operating margins that may surprise other investors.”

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