Billionaire Stanley Druckenmiller’s Top 5 Stock Picks

4. Eli Lilly and Company (NYSE:LLY)

Number of Hedge Fund Investors: 102

Duquesne Capital’s Q4 2023 Investment Value: $234.65 million

Eli Lilly and Company (NYSE:LLY), established in 1876 by Colonel Eli Lilly, a pharmaceutical chemist and Civil War veteran, is a prominent American pharmaceutical firm headquartered in Indianapolis, Indiana. With operations spanning 18 other countries, the company boasts a global footprint.

Eli Lilly and Company (NYSE:LLY) maintains a consistent quarterly dividend of $1.30 per share, reflecting its steadfast dividend growth over the past decade. Impressively, the company has a distinguished track record of paying dividends to its shareholders uninterrupted for 138 years.

As of December 2023, 102 out of 933 hedge funds profiled by Insider Monkey had invested in Eli Lilly and Company (NYSE:LLY). Notably, Ken Fisher’s Fisher Asset Management held the largest stake in the company, valued at $2.6 billion.