25 Stocks Billionaires Are Piling On

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22. WellCare Health Plans, Inc. (NYSE:WCG)

Number of Billionaire Shareholders of WCG (as of June 30): 8

Value of Billionaires’ Holdings in WCG (as of June 30): $1.11 billion

WellCare Health Plans, Inc. (NYSE:WCG) shares had a big second quarter, which pushed the value of billionaires’ holdings in the stock to $1.11 billion from $739 million quarter-over-quarter, while the number of billionaire shareholders remained unchanged at 8. Jim Simons’ quant fund Renaissance Technologies was the largest shareholder of the stock on June 30, owning 1.39 million shares, while Ken Griffin’s Citadel Investment raised its position by 535% in Q2 to 510,693 shares. While WellCare’s shares have been battered over the last two weeks, there is some optimism for healthcare stocks heading into the midterm elections, which could benefit from the Democrats winning more states.

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