Top 5 Stock Picks of Joshua Kushner’s Thrive Capital

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In this article, we discuss the top 5 stock picks of Joshua Kushner’s Thrive Capital. If you want our detailed analysis of Thrive Capital’s history, investment philosophy, and hedge fund performance, go directly to Top 10 Stock Picks of Joshua Kushner’s Thrive Capital.

5. Vimeo Inc. (NASDAQ:VMEO)

Thrive Capital’s Stake Value:  $69,532,000

Percentage of Thrive Capital’s 13F Portfolio: 6.5%

Number of Hedge Fund Holders: 24

Vimeo, Inc. (NASDAQ:VMEO) and its subsidiaries offer video software solutions around the world. The video tools are delivered via a software-as-a-service model, allowing users to create, collaborate, and communicate with video on a single platform. It also provides over-the-top (OTT) streaming and monetization services, as well as AI-powered video creation and editing tools, as well as interactive and shoppable video tools. Thrive Capital added Vimeo Inc. (NASDAQ:VMEO) to its Q1 portfolio by acquiring 5.8 million shares worth $69.5 million, representing 6.5% of the total holdings.

According to Insider Monkey’s data, 24 hedge funds were long Vimeo Inc. (NASDAQ:VMEO) in Q1 2022, down from 34 funds in the last quarter. Mason Hawkins’ Southeastern Asset Management is the largest stakeholder of the company as of June 29, with 11.29 million shares worth $134.2 million.

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