Top 5 Stock Picks of Value Investor David Abrams

Page 1 of 5

Below is the list of top 5 stock picks of value investor David Abrams. For a detailed discussion about David Abrams’ investment philosophy and portfolio management strategy please see Top 10 Stock Picks of Value Investor David Abrams.

5. Change Healthcare Inc. (NASDAQ:CHNG)

Abrams Capital Management’s stake value: $362 million

Percentage of Abrams Capital Management’s portfolio: 7.96%

Number of hedge fund holders: 48

Abrams Capital Management is the leading stakeholder in Change Healthcare Inc. (NASDAQ:CHNG) as of December. The firm has been holding a stake in the company since the first quarter of 2021. The company’s stock price rallied since the beginning of this year amid the extension of a merger agreement between Optum and Change Healthcare. As part of the extension, Optum is going to pay a $650 million fee to Change Healthcare in the event the merger is unable to be completed because of the court’s decision.

Of the 924 hedge funds tracked by Insider Monkey, 48 were bullish about the company as of December. Abrams Capital Management was the leading stakeholder in the company.

Page 1 of 5