Paul Tudor Jones Is Expecting A Bear Market, Yet Buying These Stocks

2. Alteryx Inc (NYSE:AYX)

The fund purchased 234,511 Alteryx’ shares, that were valued $13.42 million on September 30. Alteryx Inc (NYSE:AYX) is a software company that offers a professional platform for data science and self-service analytics.  The company has attracted more investors from Insider Monkey’s database, with 26 hedge funds long the stock, versus 18 in the previous quarter. Over the past six months, the company gained 89.82%.

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one photo/

3. Tapestry Inc (NYSE:TPR)

In Tapestry Inc (NYSE: TPR) the fund established a position that was worth $10.68 million at the end of the third quarter, and counted 212,360 shares. This is a New York City-based luxury fashion holding company. It is a parent company of big brands such as  Stuart Weitzman and Kate Spade New York. Over the last 5 years, the company’s stock price lost 22.54%. Tapestry Inc (NYSE:TPR) is also seeing an increased interest from smart money investors from our database, as the number of long positions in it increased by eight to 33 investors.

Creative Lab/

Creative Lab/

4. Tiffany & Co. (NYSE:TIF)

Tudor Investment Corp acquired 78,629 outstanding shares of Tiffany & Co. (NYSE: TIF), in that manner, establishing a position that was worth 10.14 million on September 30. Tiffany & Co. is a renowned American luxury jewelry retailer with its headquarters in the Big Apple. Aside from jewelry, the company also sells fragrances, personal accessories, some leather goods, and similar luxury style products. Over the past 12 months, the company gained 14%. The number of hedge funds from our table bullish on this stock remained the same as in the previous quarter, with 43 investors long it on September 30.

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5. Monster Beverage Corp (NASDAQ:MNST)

The fund thought of Monster Beverage Corp (NASDAQ:MNST) as a good investment opportunity, hence it purchased its 102,180 shares worth $5.96 million during the third quarter. Monster Beverage Corporation is a world known beverage company that produces various popular energy drinks, such as Monster Energy and Burn. Hedge funds from Insider Monkey’s system are becoming more bullish on it with 32 investors long the stock on September 30, up by 5 from the previous quarter. Year to date, the company is down by 11.81%.

Disclosure: None. This article is originally published at Insider Monkey.