5 Technology Stocks to Invest in According to Billionaire Paul Tudor Jones

4. Unity Software Inc. (NYSE:U)

Tudor Investment Corp’s Stake Value: $22.8 million

Percentage of Tudor Investment Corp’s 13F Portfolio: 0.38%

Number of Hedge Fund Holders: 36

Unity Software Inc. (NYSE:U) is a software company that develops a platform to allow content creators to run their software such as games for allowing regular users to use and interact with it. This allows the developers to monetize their products and providers users with a host of different applications.

For its fiscal fourth quarter, Unity Software Inc. (NYSE:U) raked in $315 million in revenue and -$0.05 in non-GAAP EPS, beating analyst estimates for both metrics. Citi set a $125 price target for the company in April 2022, stating that the company has a leading position in the highly growing mobile gaming market.

Tudor Investment Corporation owned a $22.8 million stake in Unity Software Inc. (NYSE:U) as part of its Q4 2021 investment portfolio. This came in the form of 160,115 shares and represented 0.38% of its holdings. During the same time period, 36 of the 924 hedge funds surveyed by Insider Monkey had invested in the company.

Jim Davidson, Dave Roux, and Glenn Hutchins’s Silver Lake Partners is Unity Software Inc. (NYSE:U)’s largest investor. It owns 34 million shares that are worth $5 billion.