10 Stocks to Buy in 2021 According to Carl Tiedemann’s TIG Advisors

Published October 8, 2021 at 8:33 am EDT Updated August 19, 2026 at 5:23 am EDT

In this article, we discuss the 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors based on Q2 holdings of the fund.

TIG Advisors was launched in 1980 by Carl H. Tiedemann, who served as Chairman until his death in April 2016.

A New York-based alternative asset manager, TIG Advisors provides expansion capital, management services, and infrastructure support to investment teams. In the second quarter of 2021, the total value of the TIG Advisors 13F portfolio is $2.98 billion.

As of the second quarter, TIG Advisors holds significant stakes in several companies including Slack Technologies, Inc. (NYSE:WORK), salesforce.com, inc. (NYSE:CRM), and AstraZeneca PLC (NASDAQ:AZN).

In salesforce.com, inc. (NYSE:CRM), TIG Advisors owns 4,987 shares worth $1.22 million. On September 24, Truist analyst Terry Tillman raised his price target on salesforce.com, inc. (NYSE:CRM) to $315 from $300 and maintained a “Buy” rating on the shares.

Based on the latest 13F holdings for the second quarter of 2021, TIG Advisors owns 4.65 million shares in Slack Technologies, Inc., worth $205.81 million.

In the second quarter, TIG Advisors raised its position in AstraZeneca PLC by 7222% to 101.25 million shares worth $6.07 million, accounting for just over 0.2% of the overall portfolio. On September 17, Morgan Stanley analyst Mark Purcell raised his price target on AstraZeneca PLC to 10,000 GBp from 9,800 GBp and reiterated an “Overweight” rating on the shares.

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With this context and industry outlook in mind, let’s start our list of the 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors. We picked stocks from the Q2 portfolio of Tiedemann.

Stocks to Buy in 2021 According to Carl Tiedemann’s TIG Advisors

10. Brookfield Property Partners L.P. (NASDAQ:BPYPN)

TIG Advisors’ Stake Value: $67,084,000

Percentage of TIG Advisors’ 13F Portfolio: 2.25%

Number of Hedge Fund Holders: 17

Brookfield Property Partners L.P. (NASDAQ:BPYPN) is one of the world’s most prestigious real estate firms. The company was incorporated in 2021 and stands tenth on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors. Shares of Brookfield Property Partners L.P. ranged between $17.67- $25.14 in the past 52 weeks.

TIG Advisors’ stake in Brookfield Property Partners L.P. stock increased by 49% in the second quarter of 2021, the latest data reveals. Out of the hedge funds being tracked by Insider Monkey, Citadel Investment Group is a leading shareholder in Brookfield Property Partners L.P., with 15.57 million shares worth more than $295.07 million.

Horos Asset Management, in its first-quarter 2021 investor letter, mentioned Brookfield Property Partners L.P.. Here is what the fund said:

“There have been significant portfolio changes this quarter in the real estate sector, with several new stakes, discussed below, and one corporate transaction. In particular, here we provide an update on the status of our investment in Brookfield Property Partners (“BPY”). In our latest quarterly letter, we noted that on January 4 the company received a takeover bid from Brookfield Asset Management (“BAM”) for the remaining shares it does not control, at a price of 16.5 dollars per share, which seemed too low to us. Hence, our intention was to decline the takeover bid and hold our shares, awaiting a potential increase in the offer price that BAM had in fact historically made in other similar acquisitions. Finally, on April 1, BAM announced it had increased its offer by 10% to 18.17 dollars per share. In this case, shareholders will have a choice of cash, BAM common stock or BPY preferred stock, limited to a maximum of 50% cash for the total offer, 42% for BAM common stock and 8% for BPY preferred stock. The offer price represents a discount to BPY’s NAV of 32%, very much in line with the historical average at which this vehicle has historically traded.”

9. Coherent, Inc. (NASDAQ:COHR)

TIG Advisors’ Stake Value: $74,602,000

Percentage of TIG Advisors’ 13F Portfolio: 2.5%

Number of Hedge Fund Holders: 43

Coherent, Inc. (NASDAQ:COHR) is one of the world’s leading producers of lasers, laser-based technologies, and laser-based system solutions for many scientific, commercial, and industrial applications. It was founded in 1966, and it stands ninth on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors. Coherent, Inc. shares have returned 138.69% to investors over the course of the past 12 months.

On September 21, Susquehanna analyst Mehdi Hosseini downgraded Coherent, Inc. to “Neutral” from “Positive” and gave a price target of $273, up from $160, noting the company’s agreement to be purchased by II-VI (IIVI). On August 31, Coherent, Inc. signed a supply deal with Cytek Biosciences, Inc. (NASDAQ:CTKB). Coherent will supply Cytek its laser goods on a non-exclusive basis, according to the terms of the deal.

TIG Advisors holds 282,219 shares in Coherent, Inc. worth over $74.60 million, representing 2.5% of their portfolio. In the second quarter of 2021, 43 hedge funds in the database of Insider Monkey held stakes in Coherent, Inc., up from 41 in the preceding quarter.

In addition to salesforce.com, inc. (NYSE:CRM), Slack Technologies, Inc., and AstraZeneca PLC, Coherent, Inc. is one of the stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors.

Appleseed Fund, in its first-quarter 2021 investor letter, mentioned Coherent, Inc.. Here is what the fund said:

“Our most significant contributors to the Fund’s equity performance during the quarter (includes) Coherent (COHR). During the quarter, Coherent announced that it was being acquired, after which several other bidders emerged. Between the takeover announcement and the bidding war among Coherent suitors, the shares rallied strongly during the quarter.”

8. Xilinx, Inc. (NASDAQ:XLNX)

TIG Advisors’ Stake Value: $96,267,000

Percentage of TIG Advisors’ 13F Portfolio: 3.23%

Number of Hedge Fund Holders: 59

Xilinx, Inc. (NASDAQ:XLNX) creates, develops, sells programmable devices and related technologies globally. The company was founded in 1984, and it ranks eighth on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors. Xilinx, Inc. currently has a $38.07 billion market capitalization and was able to deliver a 57.38% return in the past 12 months.

On August 3, Barclays analyst Blayne Curtis raised his price target on Xilinx, Inc. to $165 from $134 and kept an “Equal Weight” rating on the shares.

There were 59 hedge funds in our database that held stakes in Xilinx, Inc. in the second quarter of 2021, compared to 57 funds in the previous quarter. Israel Englander’s Millennium Management is the most significant shareholder in Xilinx, Inc., with 2.27 million shares worth $327.66 million.

7. Maxim Integrated Products, Inc. (NASDAQ: MXIM)

Tiedemann’s Stake Value: $104,960,000

Percentage of Carl Tiedemann’s 13F Portfolio: 3.52%

Number of Hedge Fund Holders: 56

Maxim Integrated Products, Inc. (NASDAQ: MXIM) provides numerous high-frequency process technologies and capabilities for custom builds. It was founded in 1983 and is placed seventh on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors.

On August 19, Deutsche Bank analyst Ross Seymore raised his price target on Maxim Integrated Products, Inc. to $107 from $104 and kept a “Buy” rating on the shares.

6. Proofpoint, Inc. (NASDAQ: PFPT)

TIG Advisors’ Stake Value: $133,188,000

Percentage of TIG Advisors’ 13F Portfolio: 4.47%

Number of Hedge Fund Holders: 48

Proofpoint, Inc. (NASDAQ: PFPT) is prominent cybersecurity and compliance firm. The company was founded in 2002, and it stands sixth on the list of 10 stocks to buy in 2021 according to TIG Advisors. Proofpoint, Inc. stock moved within the range of $91.60 – $175.99 in the past 12 months.

In the second quarter of 2021, TIG Advisors owned 766,508 shares in Proofpoint, Inc., worth $133.19 million. The investment covers 4.47% of the fund’s portfolio. Proofpoint, Inc. saw an increase in hedge fund sentiment recently. The number of long hedge fund positions increased to 48 in the second quarter of 2021 compared to 22 positions in the previous quarter.

salesforce.com, inc. (NYSE:CRM), Slack Technologies, Inc., and AstraZeneca PLC are some of the stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors, along with Proofpoint, Inc..

5. IHS Markit Ltd. (NYSE:INFO)

TIG Advisors’ Stake Value: $137,810,000
Percentage of TIG Advisors’ 13F Portfolio: 4.62%
Number of Hedge Fund Holders: 61

IHS Markit Ltd. (NYSE:INFO) provides vital information, analytics, and solutions for many businesses and markets. It was incorporated in 1959 and is placed fifth on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors.

On September 15, IHS Markit Ltd. and Hazeltree formed a collaborative partnership to provide an integrated treasury and portfolio finance solution based on IHS’ Securities Finance dataset. On July 15, Deutsche Bank analyst Sameer Kalucha increased his price target on IHS Markit Ltd. to $127 from $123 and reiterated a “Buy” rating on the shares.

Artisan Partners, in its first-quarter 2021 investor letter, mentioned IHS Markit Ltd.. Here is what the fund said:

“We ended our campaign in IHS Markit. IHS Markit is a global provider of information services to the financial services, automotive and energy sectors. Since beginning our investment campaign in 2009, we have been attracted to the company’s position relative to the meaningful secular tailwind driving demand for data and analytics to help guide business decisions. The company announced in Q4 it is merging with S&P Global, one of the largest credit ratings agencies globally and a provider of benchmarks, data and analytics to the global capital and commodities markets. We believe the combination provides a good level of cost and revenue synergies which will help drive profit growth, and S&P Global has a solid track record of acquiring and integrating new businesses. However, we exited our position as the combined entity will be well beyond our mid-cap market cap mandate.”

4. Nuance Communications, Inc. (NASDAQ:NUAN)

TIG Advisors’ Stake Value: $158,169,000
Percentage of TIG Advisors’s 13F Portfolio: 5.31%
Number of Hedge Fund Holders: 72

Nuance Communications, Inc. (NASDAQ:NUAN) is a global software technology company based in the United States that sells voice recognition and artificial intelligence technologies. The company was founded in 1992, and it stands fourth on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors.

Artisan Partners, in its second-quarter 2021 investor letter, mentioned Nuance Communications, Inc.. Here is what the fund said:

“We ended our campaign in Nuance Communications. Nuance Communications is a leader in automated voice transcription technologies enabling physicians to document patient encounters more efficiently, accurately and consistently. We believe the company’s DAX product is in the very early stages of its launch with a meaningful profit cycle opportunity ahead. However, the company announced early in Q2 it was being acquired by Microsoft. Thus, we harvested our GardenSM position.”

3. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN)

TIG Advisors’ Stake Value: $172,546,000
Percentage of TIG Advisors’ 13F Portfolio: 5.79%
Number of Hedge Fund Holders: 69

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is a pharmaceutical business based in the United States that focuses on people suffering from rare illnesses. The company was incorporated in 1992 and is placed third on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors.

On August 4, SVB Leerink analyst Geoffrey Porges raised his price target on AstraZeneca PLC to $69 from $63 and kept an “Outperform” rating on the shares.

ClearBridge Investments, in its first-quarter 2021 investor letter, mentioned Alexion Pharmaceuticals, Inc.. Here is what ClearBridge Investments has to say about Alexion Pharmaceuticals, Inc. in its letter:

“We also sold biotechnology holding Alexion Pharmaceuticals ahead of its acquisition by AstraZeneca but expect to redouble our efforts in health care through the rest of the year. We see good growth potential in the sector and after full due diligence, have been busy populating our wish list with new names we would like to own.”

2. Kansas City Southern (NYSE:KSU)

TIG Advisors’ Stake Value: $192,617,000
Percentage of TIG Advisors’ 13F Portfolio: 6.46%
Number of Hedge Fund Holders: 61

Kansas City Southern (NYSE:KSU) offers domestic and international rail transportation services based in North America. It was founded in 1887 and is ranked second on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors.

On September 15, Wolfe Research analyst Scott Group downgraded Kansas City Southern to “Peer Perform” from “Outperform” after it was reported that Canadian National Railway Company (NYSE:CNI) decided not to raise its proposal, allowing Kansas City to terminate their merger and conclude a deal with Canadian Pacific Railway Limited (NYSE:CP).

Miller/Howard Investments, in its first-quarter 2021 investor letter, mentioned Kansas City Southern. Here is what the fund said:

“Canadian Pacific Railway (CP) agreed to acquire Kansas City Southern (KSU) in the largest rail deal in over a decade. The merger will create the first rail network connecting Canada, the US, and Mexico, and it should benefit from the passage of the USMCA Trade Agreement. We initiated a position in KSU in Q4 as we expected it to benefit from growing North American trade and viewed it as a consolidation candidate.”

1. Slack Technologies, Inc. (NYSE:WORK)

TIG Advisors’ Stake Value: $205,813,000
Percentage of TIG Advisors’ 13F Portfolio: 6.91%
Number of Hedge Fund Holders: 61

Carl Tiedemann’s TIG Advisors holds 4.65 million shares in Slack Technologies, Inc., worth $205.81 million, representing 6.91% of their portfolio.

In its fourth-quarter 2020 investor letter, TIG Advisors mentioned Slack Technologies, Inc.. Here is what the fund said:

“We became co-owners in Slack, a channels-based communication service for businesses. In an unexpected twist, a few months later it was acquired by Salesforce.com at roughly a 50% premium to what we had paid.

In accordance with my usual practice, I was planning on writing about our investment in Slack. By laying out my investment hypothesis at the onset of an investment, I hope to enable investors to assess in hindsight whether it worked (or not) because of a plausible investment philosophy consistently applied. Given that Slack has effectively already played out as an investment, this rationale has gone. After all, anyone can make a successful investment decision look smart after the fact. …” (Click here to see the full text)

You can also take a peek at 10 Best Dividend Stocks to Buy Now According to Billionaire Jim Simons and 10 Best Stocks to Invest In Right Now According to Seth Klarman