Legendary Value Investor Seth Klarman’s Portfolio: Top 5 Stock Picks

2. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 66     

Intel Corporation (NASDAQ:INTC) makes and sells essential technologies for smart devices. Baupost Group owned 19.7 million shares in Intel Corporation (NASDAQ:INTC) at the end of September 2021 worth $1 billion, representing 9.66% of the portfolio. 

On November 1, investment advisory Northland upgraded Intel Corporation (NASDAQ:INTC) stock to Market Perform from Underperform with a price target of $49. Gus Richard, an analyst at the advisory, issued the ratings update. 

At the end of the third quarter of 2021, 66 hedge funds in the database of Insider Monkey held stakes worth $6.4 billion in Intel Corporation (NASDAQ:INTC), down from 78 in the previous quarter worth $6.7 billion.