Dorsal Capital Partners Sees a 13% Boost in 2023: Its Top 5 Stock Picks

4. US Foods Holding Corp. (NYSE:USFD)

Dorsal Capital Management Equity Stake: $194.53 Million
Number of Hedge Fund Holders: 48

US Foods Holding Corp. (NYSE:USFD) is one of the consumer defensive plays that propelled Dorsal Capital Management to a 13% gain in 2023. US Foods Holding Corp. (NYSE:USFD), which engages in marketing, sales, and distribution of fresh, frozen, and dry food, was up by 32% last year, benefiting from solid consumer spending power.

Dorsal Capital Management increased its stakes in US Foods Holding Corp. (NYSE:USFD) by 8% to $194.53 million, accounting for 9.81% of the portfolio. On the other hand, 48 out of the 910 hedge funds part of Insider Monkey’s database had bought US Foods Holding Corp. (NYSE:USFD) shares as of the end of Q3 2023. Scott Ferguson’s Sachem Head Capital was one of the prominent investors via its $751.64 million stake.

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