Billionaire Citrone’s Top New Picks Include Wal-Mart Stores Inc. (WMT), Brookdale Senior Living Inc. (BKD) and McGraw Hill Financial Inc. (MHFI)

Discovery Capital Management also purchased a new 3.49 million-share stake in Brookdale Senior Living Inc. (NYSE:BKD), which is valued at $131.78 million. Despite the relatively disappointing first quarter financial results for the company, Brookdale’s shares have risen by nearly 3% year-to-date. A reputable hedge fund manager, billionaire Larry Robbins, suggested that Brookdale can benefit from the aging population of the United States, claiming that “demographics are easier than macroeconomics, and the easiest thing to bet on is an aging population”. Hence, Brookdale, being the largest nursing home company in the U.S, will most likely have strong financial performance and growth in the upcoming years as a result of that aging baby boomer population. Additionally, Robbins also implied that Brookdale’s shares are relatively cheap at the moment, with Brookdale’s business being valued at just 9$ per share at the moment, since the company’s real estate is worth around $28 per share. Unsurprisingly, Larry Robbins’ Glenview Capital is the largest shareholder in Brookdale Senior Living Inc. (NYSE:BKD) within our database, holding a stake of 11.59 million shares.

Finally, its most recent 13F filing displayed that Discovery Capital Management has also opened a new long position in McGraw Hill Financial Inc. (NYSE:MHFI). Citrone’s hedge fund purchased a stake of 1.10 million shares, worth $113.95 million at the end of the first quarter. The stock has increased by 13% in 2015 and it is not likely to stop rising as there are no foreseeable troubles for the company down the road. McGraw Hill Financial beat analysts’ expectations by delivering earnings per share of $1.10 during the first quarter. Moreover, the company enjoyed strong performance across all of its segments, allowing the company to increase its revenues by 6% and EBIT by 19% year-over-year. Other financial measures that indicate the strong financial health the company appears to be in includes its improved operating margins (EBITDA). Jonathon Jacobson’s Highfields Capital Management represents one of the largest investors in McGraw Hill Financial Inc. (NYSE:MHFI), owning roughly 7.53 million shares.

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