Billionaire Jeffrey Talpins’ Top 5 Stocks Picks

In this article, we will discuss billionaire Jeffrey Talpins’ top 5 stocks picks. If you want to read our detailed analysis of Talpins’ history, investment philosophy, and hedge fund performance, go directly to Billionaire Jeffrey Talpins’ Top 10 Stocks Picks.

5. HDFC Bank Limited (NYSE: HDB)

Talpins’ Stake Value: $32,637,000
Percentage of Jeffrey Talpins’ 13F Portfolio: 5.15%
Number of Hedge Fund Holders: 39

HDFC Bank Limited (NYSE: HDB) is a banking and financial services provider in India, Bahrain, Hong Kong, and Dubai. It was incorporated in 1994 and is placed fifth on the list of billionaire Jeffrey Talpins’ top 10 stocks picks. HDFC Bank Limited (NYSE: HDB) currently has a $113.63 billion market capitalization and was able to deliver a 64.11% return in the past 12 months.

The hedge fund chaired by Jeffrey Talpins holds 446,347 shares in HDFC Bank Limited (NYSE: HDB) worth over $32 million, representing 5.15% of their portfolio. On June 28, HDFC Bank Limited (NYSE: HDB) and its subsidiary bought a 7.4% stake in Virtuoso Infotech for an undisclosed sum. Virtuoso Infotech specializes in product engineering and provides unique software solutions to businesses in a variety of industries. Element Capital Management added this stock to its portfolio in the second quarter of 2021. Aubrey Capital Management is a leading shareholder in HDFC Bank Limited (NYSE: HDB), with 68,424 shares worth more than $5 billion. 

Baillie Gifford, in its second-quarter 2021 investor letter, mentioned HDFC Bank Limited (NYSE: HDB). Here is what the fund said:

“HDFC is India’s leading residential mortgage provider. It is the low-cost provider of mortgages, a significant advantage and competitive strength in a commodity industry. The company has been a beneficiary of rising Indian income levels and improving housing affordability for the expanding middle class. Greater financial inclusion has allowed mortgage provision to extend to a larger portion of India’s population and HDFC is well positioned to benefit from this growth. The company also has an excellent long-term credit record with a focus on profitable growth and has shown good capital allocation over many years. We think the company can grow profitably for many years to come and have invested following the opening of the Indian market.”