5 Best Stocks to Buy Now According to Billionaire Thomas Steyer

3. TransUnion (NYSE:TRU)

Farallon Capital’s Stake Value: $596 million

Percentage of Farallon Capital’s 13F Portfolio: 3.67%

Number of Hedge Fund Holders: 24

TransUnion (NYSE:TRU) is a risk and information solutions provider that offers a variety of products and services such as consumer reports, insights reports, and business analytics. The company is headquartered in Chicago, Illinois, the United States.

By the end of this year’s June quarter, Farallon Capital had owned 7.4 million TransUnion (NYSE:TRU) shares which were worth $596 million and represented 3.67% of its investment portfolio. During the same time period, 24 of the 895 hedge funds polled by Insider Monkey had also invested in the company.

TransUnion (NYSE:TRU) is one of the world’s largest credit reporting agencies, and it has data of more than 200 million Americans and over 1 billion people all over the globe. Its primary market, the big data segment, is estimated to be worth a whopping $103 billion by 2027, leaving the company with a large playing field – a fact that is compounded when we see that it is one of only three of the world’s largest credit rating agencies.

TransUnion (NYSE:TRU)’s largest investor after Farallon Capital is Tim Hurd and Ed Magnus’s BlueSpruce Investments which owns 5 million shares that are worth $400 million.