Jacob Rothschild Stock Portfolio: 5 Top Stock Picks

In this article, we discuss Jacob Rothschild and his top 5 stock picks. If you want to read about some more stocks in the Rothschild portfolio, go directly to Jacob Rothschild Stock Portfolio: 10 Top Stock Picks.

5. Corteva, Inc. (NYSE:CTVA)

Number of Hedge Fund Holders: 46 

Corteva, Inc. (NYSE:CTVA) operates in the agriculture business. Latest filings show that RIT Capital Partners owned 702,310 shares in Corteva, Inc. (NYSE:CTVA) at the end of September 2023 worth $35 million, representing 9% of the portfolio.

On November 10, investment advisory Bank of America maintained a Neutral rating on Corteva, Inc. (NYSE:CTVA) stock and lowered the price target to $52 from $55, noting the drop in crop pricing was the reason behind the recent stock selloff. 

Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Harris Associates is a leading shareholder in Corteva, Inc. (NYSE:CTVA) with 4.8 million shares worth more than $246 million. 

In its Q3 2023 investor letter, Oakmark Funds, an asset management firm, highlighted a few stocks and Corteva, Inc. (NYSE:CTVA) was one of them. Here is what the fund said:

“Corteva, Inc. (NYSE:CTVA) is a leading provider of seed and crop protection chemicals. We believe the seed and crop protection markets have sizeable barriers to entry due to the duration and magnitude of investment required to compete. Both industries require constant innovation: Farmers expect seed yield improvement each year while nature develops immunity to crop protection chemicals over time. As a result, advantages accrue to the largest players with the most R&D resources. Within this context, we believe Corteva is very well positioned. The company has scale, well-recognized brands, a loyal customer base, and a promising R&D pipeline. In addition, we see idiosyncratic opportunities for Corteva to improve its profitability over time, and we believe the current management team is executing well against this opportunity. More recently, the stock has been pressured by near-term headwinds related to inventory destocking and declining crop prices. We see this weakness as an opportunity to invest in a high-quality and defensible business at a discount to both its own historical trading multiple and private market transactions.”