Top 5 Stocks To Invest In According To Kevin D. Eng’s Columbus Hill Capital Management

2. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Columbus Hill Capital Management’s Stake Value: $61.51 million
Percentage of Columbus Hill Capital Management’s 13F Portfolio: 5.23%
Number of Hedge Fund Holders: 42

Headquartered in Florida, Royal Caribbean Cruised Ltd. (NYSE:RCL) is the second largest cruise line operator in the world. Founded in 1968, the company has an active fleet of 24 ships as of 2021.

Based on our Q3 data, Kevin Eng’s Columbus Hill Capital Management holds 691,552 shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), worth more than $61.51 million, accounting for 5.23% of the hedge fund’s portfolio value.

Ken Griffin of Citadel Investment Group is one of the biggest stakeholders of Royal Caribbean Cruises Ltd. (NYSE:RCL) as of the end of the third quarter, according to the data tracked by Insider Monkey. Overall, 42 funds were bullish on the company by the end of the June quarter, the same as the previous quarter.

On September 24, Stifel analyst Steven Wieczynski raised the price target on Royal Caribbean Cruises Ltd. (NYSE:RCL) to $111 from $95, and kept a Buy rating on the shares of the company.