Top 5 Stocks in Mason Hawkins’ Portfolio

In this article, we discuss the top 5 stocks in Mason Hawkin’s portfolio. If you wish to see our detailed analysis of Hawkins’ history, investment philosophy, and hedge fund performance, go directly to the Top 10 Stocks in Mason Hawkins’ Portfolio: MGM, Baidu, and More.

5. Hyatt Hotels Corporation (NYSE:H)

Hawkins’ Stake Value: $269.3 million

Percentage of Mason Hawkins’ 13F Portfolio: 5.41%

Number of Hedge Fund Holders: 23

Hyatt Hotels Corporation (NYSE:H) is a multinational hospitality company based in Chicago. The company operates luxury hotels and resorts, among other vacation properties. The company is ranked fifth on the list of the top 10 stocks in Mason Hawkins’ portfolio.

On August 3, Hyatt Hotels Corporation (NYSE:H) posted its earnings report for the second quarter of 2021. The company declared earnings per share of -$1.15, missing the estimates by $0.30. Additionally, the company reported revenues of $663 million, falling short of the estimates by $29.68 million.

Southeastern Asset Management owns more than 3.46 million shares in Hyatt Hotels Corporation (NYSE:H) worth over $269.3 million, representing 5.41%% of the fund’s portfolio. By the end of the second quarter of 2021, 23 hedge funds out of the 873 tracked by Insider Monkey held stakes in Hyatt Hotels Corporation (NYSE:H) worth roughly $661.4 million. The number of hedge funds that held stakes in the company remained unchanged in both, the first and second quarter of 2021.

On September 27, BofA analyst Shaun Kelley downgraded Hyatt Hotels Corporation (NYSE:H) to Underperform from Neutral with an unchanged price target of $85.

In the Q2 2021 investor letter of Baron Funds, the fund mentioned Hyatt Hotels Corporation (NYSE:H). Here is what the fund said:

“Shares of Hyatt Hotels Corp., a global hotelier, declined in the quarter due to investor concerns around a new, more contagious variant of COVID-19 and a reopening of Asia and Europe that was slower than market forecasts. While the slowed reopening is a disappointment, Hyatt’s domestic business and group bookings are starting to return, and we think conditions will normalize by 2022, at least domestically. The company remains on track with its asset sale program as the hotel transaction market returns to pre-pandemic valuations, which should make Hyatt a more valuable, fee-based business.”