Top 5 Stock Picks of Mark Gallogly’s Centerbridge Partners

3. Radius Global Infrastructure, Inc. (NASDAQ:RADI

Centerbridge Partners’ Stake Value: $156,009,000
Percentage of Centerbridge Partners’ 13F Portfolio: 9.95%
Number of Hedge Fund Holders: 21

Radius Global Infrastructure, Inc. (NASDAQ:RADI) purchases, owns, and rents land, fiber, and data center assets to tower companies and other parties. In the U.S and 19 other nations, it owns interests in 8,506 leases placed on 8,186 communications sites. Mark T. Gallogly’s Centerbridge Partners is Radius Global Infrastructure, Inc. (NASDAQ:RADI)’s largest investor, holding a $156 million stake of 10.9 million shares.

On May 10, Raymond James analyst Ric Prentiss maintained a ‘Strong Buy’ rating on Radius Global Infrastructure, Inc. (NASDAQ:RADI) and increased his price target to $22 from $18. For the first quarter of 2022, Insider Monkey conducted an in-depth analysis of 912 hedge funds’ portfolios. Consequently, we discovered that 21 funds had invested in Radius Global Infrastructure, Inc. (NASDAQ:RADI).