25 Stocks Billionaires Are Piling On

21. First Data Corporation (NYSE:FDC)

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

Value of Billionaires’ Holdings in FDC (as of June 30): $1.33 billion

First Data Corporation (NYSE:FDC) was owned by 8 billionaires on June 30, lead by Larry Robbins’ Glenview Capital, with 26.7 million shares. Steve Cohen’s Point72 Asset Management, which reopened to public investment earlier this year, owned 10.32 million shares. First Data shares have lost 29% over the past two months, with the company’s most recent quarterly results disappointing investors. Revenue of $2.16 billion and adjusted earnings of $0.35 both slightly missed consensus estimates. Revenue from First Data’s global financial solutions segment was down by 2% year-over-year in Q3.