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

4. Lithia Motors, Inc. (NYSE:LAD)

Brave Warrior Capital’s Stake Value: $272,419,000

Percentage of  Brave Warrior Capital’s 13F portfolio: 9.35%

Number of  Hedge Fund Holders: 40

Lithia Motors, Inc. (NYSE:LAD) is a car dealership in the United States. The business is divided into three divisions: Domestic, Import, and Luxury. Brave Warrior Capital owned 991,301 shares of Lithia Motors, Inc. (NYSE:LAD) as of August 15, worth $272.4 million, and representing a 9.35% chunk of its 13F portfolio’s weighting.

On July 15, JPMorgan analyst Rajat Gupta reduced the firm’s price objective for Lithia Motors, Inc. (NYSE:LAD) from $380 to $325 and maintained an Overweight rating on the stock.

Among the hedge funds tracked by Insider Monkey, 40 were long Lithia Motors, Inc. (NYSE:LAD) in Q2 2022, with combined stakes worth $2 billion. David Abrams’ Abrams Capital Management is a leading position holder in the company, with 2.3 million shares worth $646 million.