Julian Robertson’s Hedge Fund Portfolio in 2022: 2 Latest Stock Picks

1. Apollo Global Management, Inc. (NYSE:APO)

Tiger Management’s Stake Value: $15,817,000

Percentage of Tiger Management’s 13F Portfolio: 2.6%

Number of Hedge Fund Holders: 64

Apollo Global Management, Inc. (NYSE:APO) operates as a private equity firm with specialized investments in credit, private equity, and real estate markets. Tiger Management added Apollo Global Management, Inc. (NYSE:APO) to its 13F portfolio in the first quarter of 2022. As of March 31, the fund’s stakes in the company are valued at $15.81 million, which covers 2.6% of its investment portfolio. Apollo Global Management, Inc. (NYSE:APO) is ranked ninth among the top 13F holdings of Tiger Management.

This May, Apollo Global Management, Inc. (NYSE:APO) posted a strong quarter when it announced earnings for the fiscal first quarter of 2022. The company generated revenues of $583.70 million, up 13.80% year over year, and outperformed Wall Street consensus by $6.93 million. Moreover, Apollo Global Management, Inc. (NYSE:APO) reported earnings per share of $1.52 and beat expectations by $0.48.

On May 19, Deutsche Bank analyst Brian Bedell trimmed his price target on Apollo Global Management, Inc. (NYSE:APO) to $90 from $98 but maintained a Buy rating on the shares.

At the end of the first quarter of 2022, 64 hedge funds were long Apollo Global Management, Inc. (NYSE:APO) with stakes of $2.08 billion. This is compared to 50 hedge funds in the fourth quarter of 2021 with stakes worth $2.13 billion.

You can also take a look at Barry Rosenstein and Jana Partners’ Top Stock Picks and 9 Latest Stock Picks of Chinese Billionaire Chen Tianqiao’s Shanda Asset Management.

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