Thomas Steyer’s Farallon Capital is Buying These 5 Stocks

In this article, we discuss 5 stocks that Thomas Steyer’s Farallon Capital is buying. If you want to see some more of his latest stock picks, check out Thomas Steyer’s Farallon Capital is Buying These 10 Stocks. 

5. Bruker Corporation (NASDAQ:BRKR)

Number of Hedge Fund Holders: 30

Bruker Corporation (NASDAQ:BRKR) is a manufacturer and distributor of scientific instruments and diagnostic solutions in the United States and internationally. Thomas Steyer’s Farallon Capital owns 745,266 shares of Bruker Corporation (NASDAQ:BRKR) as of Q4 2021, worth $62.5 million, representing 0.33% of the total 13F holdings. 

In 2021, Bruker Corporation (NASDAQ:BRKR)’s revenue for the year stood at $2.4 billion, compared to $1.9 billion in the prior year. Net income in 2021 came in at $277.1 million, versus an income of $157.8 million in 2020. 

On February 18, Bruker Corporation (NASDAQ:BRKR) declared a $0.05 per share quarterly dividend, a 25% increase from its prior dividend of $0.04. The dividend was distributed on March 18, to shareholders of the company as of March 1. 

Among the hedge funds tracked by Insider Monkey, 30 funds were bullish on Bruker Corporation (NASDAQ:BRKR) at the end of the fourth quarter of 2021, with combined stakes of $462.3 million. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital held the leading position in the company, with 755,939 shares worth $63.4 million.