Frank Fu’s CaaS Capital Portfolio: Top 5 Stock Picks

4. IHS Markit Ltd. (NYSE:INFO)

CaaS Capital’s Stake Value: $40.5 million

Percentage of CaaS Capital’s 13F Portfolio: 0.68%

Number of Hedge Fund Holders: 61

IHS Markit Ltd. (NYSE: INFO) is an information company headquartered in London, UK. CaaS Capital has a total of 360K shares in the company representing 0.68% of their portfolio. IHS Markit Ltd. (NYSE: INFO) filed a revenue of $1.18 billion in the second quarter of 2021. The company’s EPS was at $0.85 beating analyst estimates by 0.02. 

On August 2, S&P Global Inc. (NYSE: SPGI) and IHS Markit Ltd. (NYSE: INFO) announced a deal to sell the latter’s Oil Price Information Services and PetroChem Wire businesses to News Corporation (NASDAQ: NWSA) in a deal worth roughly $1.15 billion.