Below are Billionaire Jorge Paulo Lemann’s top 5 stock picks. For a comprehensive list and his investment philosophy please see Billionaire Jorge Paulo Lemann’s Top 10 Stock Picks.
5. Square, Inc. (NYSE: SQ)
Billionaire Jorge Paulo Lemann first initiated a position payment technology company Square Inc (NYSE: SQ) during the second quarter of 2020. Shares of Square are in the green in 2021 after generating more than 450% growth last year. It was among the biggest contributor to 3G Capital’s performance in the pandemic year. Square is ranked at the fifth spot in the list of billionaire Jorge Paulo Lemann’s top 10 stock picks.
Blue Hawk Investment Group, an investment management firm, highlighted a few stocks including Square in a Q4 investor letter. Here is what Blue Hawk Investment stated:
“Square was the next top contributor and ended the year as the third largest holding in the portfolio. Square was a new addition to the portfolio in 2020 and added 436 bps to performance since it was first bought in the summer. It is still our third-largest holding. “