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Billionaire Paul Tudor Jones and Insiders Love These 10 Stocks

In this article, we will take a detailed look at Billionaire Paul Tudor Jones and Insiders Love These 10 Stocks. For a quick overview of such stocks, read our article Billionaire Paul Tudor Jones and Insiders Love These 5 Stocks.

In an interview given to the Palm Beach Civic Association in January 2024, billionaire Paul Tudor Jones said that whatever happens in the US stock market in the next 12 to 24 months would largely depend on the fiscal situation and policy response of the next President of the country.  Jones, who has a net worth of over $8 billion, said the stock market is not the manifestation of the economic fundamentals. Instead, according to Jones, markets represent people’s ideas and what they make of the economic situation. Paul Tudor Jones said that there’s a chance the stock market would be “here or lower” in the next five to ten years. However, the billionaire also said it’s possible that the markets would go higher from here if the next President of the US devises a better “policy response” next year.

Paul Tudor Jones Thinks AI Could Save Us From the Current “Mess”

Paul Tudor Jones also highlighted the concentration of stock market gains problem in the US and said last year most of the stock market gains came from the Magnificent Seven group of stocks which are pulling overall market returns through the roof. He repeatedly said that AI is “hugely” important when it comes to productivity gains and GDP growth in the US. He thinks AI could be the thing that would save us from the current economic “mess.”

“AI could be the knight on the horse that rides and saves us.”

What Worries Billionaire Paul Tudor Jones About AI?

But AI-related threats worry Paul Tudor Jones. He referred to a survey where close to 3,000 AI experts were asked whether they believe AI would end humanity. According to Jones, a whopping 58% of the experts said yes. The billionaire said US policymakers will have to decide how to tackle this problem. Jones believes AI is growing at an “unbridled pace” since there’s so much money to be made in the domain but the biggest problem for policymakers would be to balance the benefits and threats of AI to make it sustainable.

Jones said that he’s a macro trader who doesn’t trade a lot of individual stocks and instead focuses on trading “basket” of stocks like S&P 500, in addition to indexes in Europe and Japan. Nonetheless Jones’ latest portfolio shows he has big stakes in companies like NVIDIA Corp (NASDAQ: NVDA), Exxon Mobil Corp (NYSE:XOM) and Salesforce Inc (NYSE:CRM). In this article we will see which stocks in his portfolio are also seeing insider buying activity.

Methodology

For this article we first scanned Paul Tudor Jones’ Q4’2023 portfolio and picked 10 of these stocks which saw heavy insider buying activity over the past 12 months. But why is it important to keep tabs on hedge fund and insider activity? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).

10. Wave Life Sciences Ltd (NASDAQ:WVE)

Paul Tudor Jones’ Stake: $184,729

RNA medicines company Wave Life Sciences Ltd. (NASDAQ:WVE) is one of the stocks in Paul Tudor Jones’ portfolio that saw insider buying over the past few months. RA CAPITAL MANAGEMENT, L.P., which has a director status at the company’s board, bought one million shares of the company on December 11, 2023, at $5.00 per share. Since then the stock has gained about 54%.

In its Q4 earnings call earlier this month, the company talked about future expectations and progress on its products:

“We’re advancing WAVE-006 in our ongoing RestorAATion clinical program. The program is comprised of two interconnected portions, RestorAATion-1 for healthy volunteers and RestorAATion-2 in AATD for patients who have the homozygous PiZZ mutation. In addition to generating key safety and PK data, RestorAATion-1 is designed to rapidly establish a dose level and regimen that’s expected to engage target. In the RestorAATion-2, we will be taking multiple assessments of serum M-AAT through the low, medium, and high dose cohorts, which will enable us to quickly detect the potential presence of wild-type healthy M-AAT protein in serum, representing achievement of proof of mechanism.

Remember, these easy patients have never made M-AAT protein. So, the presence of any M-AAT would demonstrate that WAVE-006 is successfully editing RNA. We are progressing well in RestorAATion-1. Dose escalation is ongoing. Pharmacokinetic data is as expected, and blinded safety data has been encouraging. We’re on track to initiate the RestorAATion-2 study and deliver proof of mechanism data from RestorAATion-2 in patients with AATD this year. Turning to DMD. This week, our team attended the 2024 MDA Clinical and Scientific Conference, where we showed posters on our clinical data from Part A, including the first evidence of myogenic stem cell or satellite cell uptake. Myogenic stem cells are the progenitor cells for new myoblast, and we’re not aware of any other clinical data for exon skippers or gene therapies that have been able to demonstrate myogenic stem cell uptake.

The DMD community is excited about these data and what they may mean for their boys. Our post has also highlighted our industry-leading mean 53% exon skipping, which was driven by muscle tissue concentrations of 42 micrograms per gram or 42,000 nanograms per gram, which is thousand-fold above what other exon skipping companies have reported. These data give us confidence in achieving best-in-class dystrophin protein expression in our ongoing potentially registrational phase 2 clinical trial, FORWARD-53. FORWARD-53 is an open label trial, which is currently evaluating 10 mg per kg doses of N531 administered every other week. The trial is powered to evaluate functional endogenous dystrophin expression after 24 and 48 weeks of treatment, which will be the trial’s primary endpoint.”

Read the entire earnings call transcript here.

9. Iovance Biotherapeutics Inc (NASDAQ:IOVA)

Paul Tudor Jones’ Stake: $269,493

Tudor Investment Corporation initiated a new stake in Iovance Biotherapeutics Inc (NASDAQ:IOVA) during the fourth quarter of 2023, buying $269,344 worth of company shares during the period.

On February 20, 2024, Wayne P. Rothbaum, a director at Iovance Biotherapeutics Inc (NASDAQ:IOVA) board, bought 5,000,000 shares of Iovance Biotherapeutics Inc (NASDAQ:IOVA) at $9.15 per share. The stock has gained about 22% since then.

Aristotle Large Cap Growth Strategy made the following comment about Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) in its Q3 2023 investor letter:

“We sold Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) following uncertainty which arose from the company canceling out of two investor events. Iovance is in the late stages of FDA review on their lead candidate Lifileucel in advanced melanoma. These cancellations could stem from issues with site inspections which tend to take place later in the review cycle. The company has not commented on why it canceled these investor events, and we do not think this bodes well for the prospects of a straightforward approval with a clean, positive label for the company.”

8. Aon PLC (NYSE:AON)

Paul Tudor Jones’ Stake: $38,144,573

Aon PLC (NYSE:AON) ranks ninth in our list of the stocks bought by Paul Tudor Jones as well as corporate insiders. Professional services and management consulting company Aon PLC (NYSE:AON) is among the top stock picks of Jones as his hedge fund had a $38.14 million stake in Aon PLC (NYSE:AON).

On February 7, 2024, Lester B Knight, a director at Aol plc, bought 50,000 shares of Aon PLC (NYSE:AON) at $301.97 per share. Since then the stock  has gained about 6%.

In addition to AON, Jones is also bullish on NVIDIA Corp (NASDAQ: NVDA), Exxon Mobil Corp (NYSE:XOM) and Salesforce Inc (NYSE:CRM).

Polen Global Growth Strategy stated the following regarding Aon plc (NYSE:AON) in its fourth quarter 2023 investor letter:

“AON PLC’s (NYSE:AON) stock price underperformed this past quarter following the announcement of the company’s acquisition of NFP, a middle market insurance broker, for $13 billion. Though the deal complements Aon’s current business, it is expected to be dilutive to earnings in the near term, prompting a sell-off in the shares. We will continue to assess the merits of the NFP transaction, but it does not currently change our long-term view of Aon, which we view as a steady, durable, low-teens earnings compounder.”

7. Scholar Rock Holding Corp (NASDAQ:SRRK)

Paul Tudor Jones’ Stake: $475,490

Massachusetts-based biopharma company Scholar Rock Holding Corp (NASDAQ:SRRK) ranks seventh in our list of the stocks in Paul Tudor Jones’ portfolio that are also bought by corporate insiders.

Tudor Investment Corporation owns a $475,490 stake in Scholar Rock Holding Corp (NASDAQ:SRRK) as of the end of the fourth quarter of 2023.

On October 16, Srinivas Akkaraju, a director at Scholar Rock Holding Corp’s (NASDAQ:SRRK) board, loaded up on 2,189,781 shares of Scholar Rock Holding Corp (NASDAQ:SRRK) at $6.85 per share. Scholar Rock shares have skyrocketed by about 98% since the date of this insider buying transaction.

In addition to SRRK, hedge funds are also buying NVIDIA Corp (NASDAQ: NVDA), Exxon Mobil Corp (NYSE:XOM) and Salesforce Inc (NYSE:CRM).

6. Asana Inc (NYSE:ASAN)

Paul Tudor Jones’ Stake: $3,677,256

Paul Tudor Jones, via his hedge fund Tudor Investment Corporation, increased his stake in project management software company Asana Inc (NYSE:ASAN) by over 200% during the fourth quarter of 2023, ending the period with a $3.7 million stake in Asana Inc (NYSE:ASAN).

As of the end of the fourth quarter of 2023, 24 hedge funds tracked by Insider Monkey had stakes in Asana Inc (NYSE:ASAN). Asana Inc (NYSE:ASAN) kept seeing heavy insider buying activity throughout 2023. On November 1, Asana Inc’s (NYSE:ASAN) CEO Dustin Moskovitz loaded up on 237,015 shares of Asana Inc (NYSE:ASAN) at $17.50 per share. Since then the stock has declined by about 9% through March 13.

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Disclosure. None. Billionaire Paul Tudor Jones and Insiders Love These 10 Stocks was initially published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

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This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…