Billionaire Paul Tudor Jones and Insiders Love These 5 Stocks

4. Gates Industrial Corporation PLC (NYSE:GTES)

Paul Tudor Jones’ Stake: $5,613,908

Paul Tudor Jones via Tudor Investment Corporation had a $5.6 million stake in Gates Industrial Corporation PLC (NYSE:GTES) as of the end of the fourth quarter of 2023. On February 16, Neil Simpkins, a director at Gates Industrial Corporation PLC’s (NYSE:GTES) board, snapped up one million shares of Gates Industrial Corporation PLC (NYSE:GTES) at $12.20 per share. Since then, through March 13, the stock has gained about 30% in value.

As of the end of the fourth quarter of 2023, 38 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Gates Industrial Corporation PLC (NYSE:GTES), up from 31 hedge funds in the previous quarter.