Top 5 Stock Picks of David Halpert’s Prince Street Capital Management

2. Yandex N.V. (NASDAQ:YNDX)

Prince Street Capital Management Stake Value: $19,970,000
Percentage of Prince Street Capital Management’s 13F Portfolio: 12.42%
Number of Hedge Fund Holders: 31

Yandex N.V. (NASDAQ:YNDX) is a Russian multibillion-dollar firm that offers more than 70 internet-related goods and services. Out of the hedge funds being tracked by Insider Monkey, Orbis Investment Management is a leading shareholder in Yandex N.V. (NASDAQ:YNDX) with 4.98 million shares worth more than $396.73 million.

In October, Yandex N.V. (NASDAQ:YNDX) reported financial performance for the third quarter. Its posted revenue of $1.25 billion, up 70.7% year over year. Yandex N.V.’s (NASDAQ:YNDX) EPS came in at $0.13, which was $0.33 higher than expected.

Out of the elite hedge funds traced by Insider Monkey, 31 funds were bullish on Yandex N.V. (NASDAQ:YNDX), with stakes worth over $1.36 billion at the end of the second quarter. This is compared to 29 hedge funds with stakes valued at $ 1.26 billion in the previous quarter.