In this article, we will be discussing the 5 stocks to buy according to Ronald Hua’s QTRON Investments. If you wish to see our detailed analysis of Hua’s history, investment philosophy, and hedge fund performance, go directly to the 10 Stocks To Buy According To Ronald Hua’s QTRON Investments.
5. Vale S.A. (NYSE:VALE)
QTRON Investments’ Stake Value: $8 million
Percentage of QTRON Investment’s 13F Portfolio: 2.03%
Number of Hedge Fund Holders: 27
Operating as the largest global producer of iron ore and nickel in the world, Vale S.A. (NYSE:VALE) is Brazilian multinational mining company based in Rio de Janeiro.
Ronald Hua’s QTRON Investments currently holds 352,454 shares in Vale S.A. (NYSE:VALE). These shares are valued at $8 million and represent 2.03% of the fund’s investment portfolio. Of the 873 elite funds being tracked by Insider Monkey, 27 held stakes in the company, worth approximately $3.57 billion. This is compared to 31 hedge funds in the previous quarter.
Among the hedge funds being tracked by Insider Monkey, Florida-based investment firm GQG Partners is a leading shareholder in Vale S.A. (NYSE:VALE) with 43 million shares worth more than $998 million.
On October 6, Exane BNP Paribas analyst Sylvain Brunet upgraded Vale to Neutral from Underperform with a $15.80 price target.
4. Amazon.com, Inc. (NASDAQ:AMZN)
QTRON Investments’ Stake Value: $10.2 million
Percentage of QTRON Investment’s 13F Portfolio: 2.59%
Number of Hedge Fund Holders: 271
Amazon.com, Inc. (NASDAQ:AMZN) has earned its place as a global giant in the e-commerce industry over the years. One of the big five companies in the United States technology sector, the rose to the top in the cloud infrastructure sphere, controlling 32% of the market.
On October 21, Baird analyst Colin Sebastian maintained an Outperform rating on Amazon.com, Inc. (NASDAQ:AMZN), alongside a $4000 price target on its shares.
According to the Q2 Filings, Ronald Hua holds 2,975 shares in Amazon.com, Inc. (NASDAQ:AMZN), worth more than $10.2 million, accounting for 2.59% of his hedge fund’s portfolio. As of the end of the second quarter, 271 hedge funds tracked by Insider Monkey reported owning stakes in Amazon.com, Inc. (NASDAQ:AMZN). The total worth of these stakes is $60.49 billion. This shows the hedge fund sentiment is positive for the e-commerce company, as 243 funds had stakes in the company in the previous quarter, with a total worth of $50.4 billion.
Ken Fisher’s Fisher Asset Management is among the most notable stakeholders in Amazon.com, Inc. (NASDAQ:AMZN), with over 1.87 million shares worth more than $6.45 billion.
Polen Capital, in its Q3 2021 investor letter, mentioned Amazon.com, Inc. (NASDAQ:AMZN). Here is what the fund said:
“Amazon has also lagged as its revenue growth is slowing on the very difficult comparisons from last year when this behemoth was growing revenue by over 40%. We still expect exceptional long-term growth and significant margin expansion as the fastest growing (and now large) segments of Amazon are also generating the highest margins.”
3. Microsoft Corporation (NASDAQ:MSFT)
QTRON Investments’ Stake Value: $13.4 million
Percentage of QTRON Investment’s 13F Portfolio: 3.4%
Number of Hedge Fund Holders: 238
On October 20, Wedbush analyst Daniel Ives, maintained an Outperform rating on Microsoft Corporation (NASDAQ:MSFT), alongside a price target of $375 on its shares.
Based on our data, QTRON Investments holds 49,643 shares of Microsoft Corporation (NASDAQ:MSFT), amounting to $13.4 million and representing 3.4% of the hedge fund’s portfolio value.
By the end of the second quarter of 2021, 238 hedge funds out of the 873 tracked by Insider Monkey held stakes in Microsoft Corporation (NASDAQ:MSFT), worth roughly $62.46 billion, compared to 251 hedge funds in the previous quarter, with stakes worth approximately $58.9 billion.
Out of the hedge funds being tracked by Insider Monkey, Robert Koehn’s Ivy Lane Capital is the leading stakeholder in Microsoft Corporation (NASDAQ:MSFT), with 86,000 shares worth more than $23.29 billion.
In its Q1 2021 investor letter, Polen Capital, an investment management firm, highlighted a few stocks and Microsoft Corporation (NASDAQ:MSFT) was one of them. Here is what the fund said:
“We have written extensively about Microsoft in recent commentaries. It was our leading contributor last year and one of our largest weightings within the Portfolio. It continues to experience business momentum through several dominant, essential, and competitively advantaged businesses, like Office 365 and Azure. The markets it competes for are enormous, which gives the company the ability to compound at scale. In the past quarter alone, the company generated over $40 billion in revenue, representing a 17% growth rate. The inherent operating leverage in Microsoft’s business model continues and led to 34% earnings growth this past quarter. Despite the broad rotation we saw in the first quarter and Microsoft’s robust performance in 2020, we think its business fundamentals continue to exhibit strength, and the stock continues to reflect the fundamentals.”
2. Apple Inc. (NASDAQ:AAPL)
QTRON Investments’ Stake Value: $15.5 million
Percentage of QTRON Investment’s 13F Portfolio: 3.93%
Number of Hedge Fund Holders: 138
Apple Inc. (NASDAQ:AAPL), a multinational technology company, turned red in the pre-market trading on October 29, after the company missed expectations for the fiscal fourth quarter of 2021. On the other hand, the tech company claimed 34.6% of the worldwide tablet market, up from 30% in the same quarter a year ago, an increase partly attributed to the sales of its iPad products.
By the end of the second quarter of 2021, Ronald Hua’s QTRON Investments reported holding held 113,368 shares in Apple Inc. (NASDAQ:AAPL), worth more than $15.5 million. These shares accounted for 3.93% of the investment firm’s portfolio value.
According to our database, 138 hedge funds were long Apple Inc. (NASDAQ:AAPL) in the second quarter of 2021, compared to 127 funds in the preceding quarter. Out of the hedge funds being tracked by Insider Monkey, Warren Buffett’s Berkshire Hathaway is a leading shareholder in Apple Inc. (NASDAQ:AAPL), with over 887 million shares worth more than $121.5 billion.
In its Q1 2021 investor letter, Distillate Capital, an asset management firm, highlighted a few stocks and Apple Inc. (NASDAQ:AAPL) was one of them. Here is what the fund said:
“Apple is an even more notable situation and one that highlights our free cash valuation methodology and bears further discussion given its Q3 ‘20 sale from our strategy. For an extended period, Apple was extraordinarily inexpensive on a free cash flow basis and was the largest position in our strategy, exceeding 5% of the portfolio.”
1. Alibaba Group Holding Limited (NYSE:BABA)
QTRON Investments’ Stake Value: $34.37 million
Percentage of QTRON Investment’s 13F Portfolio: 8.7%
Number of Hedge Fund Holders: 146
Alibaba Group Holding Company (NYSE:BABA) is a Chinese multinational technology company that specializes in e-commerce, cloud services, and retail. Despite a government crackdown resulting in a pullback in share prices, the company remains a leader in the global technology and retail sectors.
According to the 13F Filings for the second quarter of 2021, the hedge fund managed by Ronald Hua holds 151,561 shares in the company, worth more than $34.37 million, accounting for 8.7% of his fund’s total portfolio value. By the end of June, 146 hedge funds tracked by Insider Monkey have positions in Alibaba Group Holdings Limited (NYSE:BABA), up from 135 in the previous quarter. These stakes are valued at over $16.7 billion.
Among the hedge funds being tracked by Insider Monkey, Ken Fisher’s Fisher Asset Management is a leading shareholder in Alibaba Group Holding Limited (NYSE:BABA) with 14 million shares worth more than $3.2 billion.
On October 25, Truist analyst Youssef Squali lowered his price target on Alibaba Group Holding Limited (NYSE:BABA) to $230 from $260, but maintained a Buy rating on the shares of the company.
You can also take a look at Larry Robbins’ Top Stock Picks and Billionaire Izzy Englander’s Top 10 Stock Picks
