5 Stocks to Invest in Today According to Billionaire Kerr Neilson

4. Micron Technology, Inc. (NASDAQ:MU)

Platinum Asset Management’s Stake Value: $248 million

Percentage of Platinum Asset Management’s 13F Portfolio: 7%

Number of Hedge Fund Holders: 63

Micron Technology, Inc. (NASDAQ:MU) is the long-running stock holding of Platinum Asset Management. The firm first initiated a stake in the company in 2012. As of the end of September, it held $248 million worth of stake in Micron.

The number of bullish hedge fund positions declined by 24 in recent months. As of the end of the September quarter, Micron Technology was in 63 hedge funds’ portfolios. Arrowstreet Capital and Baupost Group were among the leading stakeholders in the company.