Billionaire Bruce Kovner’s Trading Strategy and Top 5 Picks

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Below is the list of Bruce Kovner’s top 5 stock picks. For a detailed analysis of billionaire Kovner’s investment philosophy and his hedge fund’s returns, go to Billionaire Bruce Kovner’s Trading Strategy and Top 10 Picks

5. iShares Silver Trust (NYSE: SLV)

Number of Hedge Fund Holders: 28

Caxton Associates initiated a big position in iShares Silver Trust (NYSE: SLV) during the fourth quarter, accounting for 1.71% of the overall portfolio. Launched and managed by iShares Delaware Trust Sponsor LLC, iShares Silver Trust is an exchange-traded fund seeking to track silver markets. The price of iShares Silver Trust rallied almost 70% in the last twelve months. The silver price, however, came under pressure this year due to investors move towards risky assets.

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