5 Best Stocks to Invest in According to Philip Timon’s Owls Nest Partners

In this article, we will discuss the 5 best stocks to invest in according to Philip Timon’s Owls Nest Partners. If you want to read our detailed analysis of Timon’s history, investment philosophy, and hedge fund performance, go directly to the 10 Best Stocks to Invest In According to Philip Timon’s Owls Nest Partners.

5. Interactive Brokers Group, Inc. (NASDAQ: IBKR)

Timon’s Stake Value: $16,821,000
Percentage of Philip Timon’s 13F Portfolio: 9.81%
Number of Hedge Fund Holders: 31

Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a global automated electronic broker. The company was founded in 1977 and ranks fifth on the list of 10 best stocks to invest in according to Philip Timon’s Owls Nest Partners. Interactive Brokers Group, Inc. (NASDAQ: IBKR) currently has a $27.07 billion market capitalization and was able to deliver a 28.63% return in the past 12 months.

In the second quarter, the company’s revenue was over $650 million, up 24.3% YoY, but missing the estimates by $19.49 million. Interactive Brokers Group, Inc. (NASDAQ: IBKR) also declared a quarterly dividend of $0.10 per share, in line with the previous.

The hedge fund managed by Philip Timon owns 230,300 shares in Interactive Brokers Group, Inc. (NASDAQ: IBKR) worth over $16 million, representing close to 9.81% of their portfolio. Owls Nest Partners has increased its stake in the firm by 12% in the first quarter of 2021. In addition, hedge funds are loading up on Interactive Brokers Group, Inc. (NASDAQ: IBKR), as Insider Monkey’s data shows that 31 hedge funds held stakes in the company as of the end of the first quarter of 2021, up from 28 funds a quarter earlier.