Top 4 Stock Picks of Marc Lasry’s Avenue Capital

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1. Vistra Corp. (NYSE:VST)

Marc Lasry’s Stake Value: $119 million

Percentage of Marc Lasry’s 13F Portfolio: 55%

Number of Hedge Fund Holders: 32

Vistra Corp. (NYSE:VST) is the largest stock holding of Avenue Capital Group, according to the second quarter 13F filings. The firm first initiated a position in Vistra in the third quarter of 2017 and left its position unchanged during the June quarter of 2021. Vistra Corp is one of the top stock picks to hold for the long-term amid its healthy dividend yield of around 3.50%. 

Vistra has experienced a decrease in enthusiasm from the smart money as it was in 32 hedge funds’ portfolios at the end of June compared to 49 positions in the previous quarter. Ken Griffin’s Citadel Investment Group significantly lifted its existing position in the company.

You can also take a look at Billionaire Englander’s Top 10 Stock Picks and Billionaire David Tepper’s Top 10 Stock Picks.

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