5 Stocks to Invest in According to Billionaire Paul Tudor Jones

4. Materials Select Sector SPDR Fund (NYSE: XLB)

Tudor Investment Corp’s Stake Value: $92,867,000
Percent of Tudor Investment Corp’s 13F Portfolio:1.75%
Number of Hedge Fund Holders: 18

Materials Select Sector SPDR Fund (NYSE: XLB) is an exchange-traded fund managed by SSGA Funds Management, Inc. The fund mainly focuses on the price and yield performance of the material sector of the U.S.

Tudor Investment Corp holds over 2.5 million shares in Materials Select Sector SPDR Fund (NYSE: XLB), worth $92.8 million. The exchange-traded fund accounts for 1.75% of the hedge fund’s 13F portfolio. Since the beginning of the year, Materials Select Sector SPDR Fund (NYSE: XLB) has delivered a 16.8% return to shareholders, while its 12-month returns are up by 33.03%.

As of Q2 2021, 18 hedge funds tracked by Insider Monkey have positions in Materials Select Sector SPDR Fund (NYSE: XLB), up from 16 in the previous quarter.