Top 5 Stock Picks of Glenn Greenberg’s Brave Warrior Capital

In this article, we discuss the top 5 stock picks of Glenn Greenberg’s Brave Warrior Capital. If you want to read our detailed analysis of Greenberg’s investment philosophy and performance, go directly to Top 10 Stock Picks of Glenn Greenberg’s Brave Warrior Capital.

5. Primerica, Inc. (NYSE:PRI)

Brave Warrior Capital’s Stake Value: $263,439,000
Percentage of Brave Warrior Capital’s 13F Portfolio: 9.04%
Number of Hedge Fund Holders: 13

Primerica, Inc. (NYSE:PRI) is an insurance, investment, and financial services firm that serves middle-income households in the United States and Canada. Its products are distributed and sold through a network of 129,515 licensed sales associates. The number of long hedge fund positions in Primerica, Inc. (NYSE:PRI) declined to 13 at the end of the second quarter, compared to 16 positions in the previous quarter. Primerica, Inc. (NYSE:PRI) accounted for about 9.04% of Brave Warrior Capital’s portfolio, as the hedge fund owned a $263.44 million stake in the company in Q2 2022.

After Primerica, Inc. (NYSE:PRI)’s Q2 results, Truist analyst Mark Hughes increased his price target on the company to $160 from $150 and reaffirmed a ‘Buy’ recommendation on the stock on August 10.

Baron Funds, in its Q1 2021 investor letter, mentioned Primerica, Inc. (NYSE: PRI) and shared its insights on the company. Here is what the fund said:

“While the market was focused on cyclical stocks during the quarter, we remain excited about the sustainable growth prospects of our secular growth oriented portfolio over our five-year investment horizon. We believe that end market conditions are improving for almost all our investments, most notably for those that did not benefit from a COVID-driven tailwind last year. We expect Primerica, Inc. to benefit from the recent rise in interest rates, as its investment portfolio generates more compelling returns and its fixed income products offer better yields.”