Top 5 Stock Picks of Invenomic Capital Management

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In this article, we take a look at the top 5 stock picks of Invenomic Capital Management. If you want to check out our detailed analysis on Invenomic Capital’s history, investment philosophy, and hedge fund performance, go directly to the Top 10 Stock Picks of Invenomic Capital Management.

5. Teck Resources Limited (NYSE:TECK)

ICM’s Stake Value: $6.4 million

Percentage of ICM’s 13F Portfolio: 1.53%

Number of Hedge Fund Holders: 40

Teck Resources Limited (NYSE: TECK) is a company based in British Columbia that is involved in the mining and mineral development business. Invenomic Capital Management holds 0.27 million shares in the company after increasing their stake by 132% in the second quarter of 2021. 

Contrarius Investment Management is the biggest stakeholder in the company with over 7 million shares, representing 8.27% of their portfolio as of the Q2 of 2021 even though they decreased their stake by 7%.

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