Korean-Japanese Billionaire Masayoshi Son’s 2022 Portfolio: 5 Stocks to Watch

4. SIGNA Sports United N.V. (NYSE:SSU)

SB Management’s Stake Value: $40.00 million

Percentage of SB Management’s 13F Portfolio: 7.75%

Number of Hedge Fund Holders: 11

SIGNA Sports United N.V. (NYSE:SSU) is a German company which operates sports retail websites around the world. On January 13, Jefferies analyst Randal Konik initiated coverage of SIGNA Sports United N.V. (NYSE:SSU) with a ‘Buy’ rating and a price target of $11. The analyst sees the firm benefiting from demand shifting to e-commerce platforms, and a rise in consumer interest in active lifestyles, as the “the largest digital player in the global sports retail market”. He sees significant upside to the shares moving ahead in a fragmented competitive landscape.

According to its 13F filings for the first quarter, SB Management owned a position in SIGNA Sports United N.V. (NYSE:SSU) worth $40 million which represented 7.75% of its overall portfolio. At the end of the fourth quarter of 2021, 11 hedge funds were seen holding stakes in the company, with a collective price tag of $50.03 million.