Top 5 Stock Picks of Donald Sussman’s Paloma Partners

In this article, we will discuss the top 5 stock picks of Donald Sussman’s Paloma Partners. If you want to read our detailed analysis of Sussman’s history, investment philosophy, and hedge fund performance, go directly to the Top 10 Stock Picks of Donald Sussman’s Paloma Partners.

5. Monster Beverage Corporation (NASDAQ:MNST)

Paloma Partners Stake Value: $21,568,000
Percentage of Paloma Partners’ 13F Portfolio: 0.38%
Number of Hedge Fund Holders: 46

Monster Beverage Corporation (NASDAQ:MNST) is a beverage company located in California that makes and sells energy beverages. The company features on the list of the top 10 stock picks of Donald Sussman’s Paloma Partners.

In the third quarter of 2021, Monster Beverage Corporation reported earnings per share of $0.63 below the estimates by $0.04. However, the company also reported revenue amounting to $1.41 billion, surpassing forecast estimates by $20 million. Donald Sussman’s Paloma Partners presently holds 236,100 shares of Monster Beverage Corporation, amounting to $21.57 million in worth and representing 0.38% of the fund’s portfolio.

On November 2, Deutsche Bank analyst Steve Powers lowered his price target on Monster Beverage to $105 from $108 and kept a “Buy” rating on the shares.

By the end of the second quarter of 2021, 46 hedge funds out of the 873 tracked by Insider Monkey held stakes in the company, worth $2.31 billion, compared to 45 hedge funds in the previous quarter worth $2.38 billion.