5 New Stock Picks of Billionaire Paul Tudor Jones

4. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 136

Mastercard Incorporated (NYSE:MA) was a new arrival in billionaire Paul Tudor Jones’ Q1 portfolio. Jones, via Tudor Investment Corp, purchased 3,002 shares of the company, valued at over $1 million. Mastercard Incorporated (NYSE:MA) is one of the most prominent American fintech firms, enabling card-based transactions and digital financial solutions worldwide. 

On April 28, Mastercard Incorporated (NYSE:MA) announced its Q1 results, reporting earnings per share of $2.76, beating market consensus by $0.60. The revenue grew 24.36% year-over-year to $5.17 billion, outperforming analysts’ predictions by $267.59 million. 

Goldman Sachs analyst Will Nance on May 17 initiated coverage of Mastercard Incorporated (NYSE:MA) with a Buy rating and a $460 price target, implying 38% upside. The analyst noted that after “lackluster returns in 2021 and a choppy start to 2022”, he is “constructive” on the payments space, observing relative valuations have fallen prominently over the last six months. He believes the companies are positioned well to navigate a low-growth, inflationary world, the analyst added. 

Mastercard Incorporated (NYSE:MA) was part of 136 public stock portfolios in Q1 2022, compared to 144 funds in the prior quarter. Charles Akre’s Akre Capital Management disclosed a $2 billion Mastercard Incorporated (NYSE:MA) stake in the first fiscal quarter of 2022. 

Here is what Saturna Capital Amana Funds has to say about Mastercard Incorporated (NYSE:MA) in its Q4 2021 investor letter:

“Given the likelihood of rising inflation and interest rates ahead, we anticipate adjustments to the portfolio to reduce exposure to highly valued stocks dependent on low interest rates to support terminal year valuations, while seeking investments in companies more correlated with a return to economic normalcy. We sold our position in Mastercard. Although Mastercard does not charge or collect interest, its association with credit activities was problematic.”