Top 5 Stock Picks of Robert Smith’s Vista Equity Partners

2. Jamf Holding Corp. (NASDAQ:JAMF)

Robert Smith’s Vista Equity Partners’ Stake Value: $2,092,225,000

Percentage of Robert Smith’s Vista Equity Partners’ 13F Portfolio: 20.21%

Number of Hedge Funds: 23

Jamf Holding Corp. (NASDAQ:JAMF) is a software company known for the development of Jamf Pro, formerly known as the Casper Suite, until the rebranding. The software aims to allow system administrators to automate and configure IT-related tasks on the operating systems of various Apple Inc. (NASDAQ:AAPL) devices like the iPhone, iPad, iMac, and Apple TV.

Jamf Holding Corp. (NASDAQ:JAMF) was founded in 2002. Vista Equity Partners made Jamf Holding Corp. (NASDAQ:JAMF) a subsidiary by becoming a majority shareholder in the company in December 2017. Soon after, Jamf acquired three more entities to expand its portfolio of users and services in the next two years. Following consolidation, Vista Equity Partners took the company public through an IPO and raised $468 million at a valuation of $4.6 billion in July 2020.

Brian Essex at Goldman Sachs resumed coverage of Jamf Holding Corp. (NASDAQ:JAMF) with a $38 price target and a Buy rating. The analyst highlighted the recent pullback in the stock price as an attractive entry point for investors.