Top 5 Stock Picks of Shashin Shah’s Think Investments

3. ICICI Bank Limited (NYSE:IBN)

Think Investments Stake Value: $46,099,000
Percentage of Think Investments’ 13F Portfolio: 5.29%
Number of Hedge Fund Holders: 28

ICICI Bank Limited (NYSE:IBN) is an Indian bank specializing in retail banking, corporate banking, and treasury operations. On October 25, ICICI Bank Limited announced earnings for the third quarter. The net profit for the quarter was ₹55.11 billion, vs. ₹42.51 billion in last year’s quarter.

ICICI Bank saw a decrease in hedge fund sentiment recently. The number of long hedge fund positions declined to 28 at the end of the second quarter compared to 31 positions in the previous quarter. Think Investments owns 2.44 million shares in ICICI Bank Limited, worth $46.10 million, representing 5.29% of the firm’s 13F portfolio in the third quarter of 2021.

Stephen Mandel’s Lone Pine Capital is the largest shareholder in ICICI Bank Limited (NYSE:IBN), owning 39.75 million shares, valued at $750.09 million, which represents 2.52% of its portfolio.