5 Stock Picks of Rishi Bajaj’s Altai Capital

In this article, we discuss 5 stock picks of Rishi Bajaj’s Altai Capital. If you want to read our detailed analysis of Bajaj’s history, investment philosophy, and hedge fund performance, go directly to 10 Stock Picks of Rishi Bajaj’s Altai Capital.

5. Coupang, Inc. (NYSE:CPNG)

Altai Capital’s Stake Value: $5,884,000
Percentage of Altai Capital’s 13F Portfolio: 2.58%
Number of Hedge Fund Holders: 29

Coupang, Inc. (NYSE:CPNG) is a company that provides an e-commerce platform. It is divided into two segments: Product Commerce and Growth Initiatives. Altai Capital held 200,267 shares in the Coupang, Inc. (NYSE:CPNG), worth over $5.88 million, representing 2.58% of its portfolio. The fund first bought a stake in Coupang, Inc. (NYSE:CPNG) in the third quarter of 2021.

Many high-end funds have reduced their holdings in Coupang, Inc. (NYSE:CPNG). According to Insider Monkey’s Q4 data, 29 hedge funds placed long calls on Coupang, Inc. (NYSE:CPNG), compared to 45 funds in the previous quarter. Neil Mehta’s Greenoaks Capital is a significant stakeholder of Coupang, Inc. (NYSE:CPNG), with 115.85 million shares worth over $3.40 billion.