5 New Stock Picks of Billionaire Stanley Druckenmiller

4. Overstock.com, Inc. (NASDAQ:OSTK)

Number of Hedge Fund Holders: 28  

Overstock.com, Inc. (NASDAQ:OSTK) is an online retailer based in Utah. The stock has soared in recent weeks after beating analyst estimates on earnings for the third quarter and the approach of the holiday season when sales traditionally skyrocket. 

According to the latest data, Duquesne Capital owned 49,650 shares in Overstock.com, Inc. (NASDAQ:OSTK) at the end of September 2021 worth $3.8 million, representing less than 0.13% of the portfolio of the fund. 

At the end of the second quarter of 2021, 28 hedge funds in the database of Insider Monkey held stakes worth $255 million in Overstock.com, Inc. (NASDAQ:OSTK), down from 31 in the previous quarter worth $168 million.