Billionaire Lee Ainslie’s Top 5 Stock Picks

3. Humana Inc. (NYSE: HUM)

The managed health care services provider Humana Inc. (NYSE: HUM) is the third-largest stock holding of billionaire Lee Ainslie hedge fund’s 13F portfolio. The firm has reduced its stake in HUM by 14% in the September quarter. Despite that, HUM accounted for 5.12% of the overall portfolio.

Humana was in 61 hedge funds’ portfolios at the end of the third quarter of 2020, down from the all-time high of 75.

VLTAVA Fund, which is a global equity investment fund, commented about a few stocks including Humana in an investor’s letter. Here is what VLTAVA stated:

“Humana is benefitting from a lower number of visits to physicians, which means lower insurance pay-outs for health care. This trend will most probably return gradually to normal by the end of the year.”