Bullish Sign: Billionaires Lee Ainslie and Mandel Are Investing In These Stocks

Both of these investment managers have shown interest in the Chinese tech company Baidu Inc (ADR) (NASDAQ:BIDU). Maverick Capital has made investments worth $227.74 million in the Chinese search engine with 1.09 million shares. Baidu Inc (ADR) (NASDAQ:BIDU) is among the top 10 stock investments of Lone Pine Capital, which holds 5.28 million shares of the Chinese tech giant with market value of $1.10 billion. As per ZenithOptimedia’s latest list of “Top Thirty Global Media Owners 2015,” Baidu is the 14^th largest media owner in the world with Google Inc (NASDAQ:GOOGL) topping the charts. The Chinese search engine has grown its media revenue 43% in the past one year, which is only lower than Facebook Inc (NASDAQ:FB)’s 63% growth. Philippe Laffont’t Coatue Management and Andreas Halvorsen’s Viking Global hold major positions in Baidu Inc (ADR) (NASDAQ:BIDU).

Adobe Systems Incorporated (NASDAQ:ADBE) has found a spot in the top 10 stock investments of each of these investment managers. Maverick Capital has 3.46 million shares of the software company in his equity portfolio with market value of $255.51 million. On the other hand, Lone Pine Capital holds 12.05 million shares of Adobe Systems Incorporated (NASDAQ:ADBE) valued at $890.64 million. It has been an excellent year for the software giant as its shares have grown 13.62% year-to-date and its shares are trading close to their 52-week high at $83.04 per share. Jeffrey Ubben of Valueact Capital is the largest stockholder of Adobe Systems Incorporated (NASDAQ:ADBE) among the funds tracked by Insider Monkey. We should note that Ubben isn’t a Tiger cub; he is located in San Francisco and is also a large investor in Microsoft.

Disclosure: None