Billionaire Seth Klarman’s Top 5 Stock Picks for 2021
5. Fox Corporation (NASDAQ: FOXA)
Baupost Group reduced its position in Fox Corporation (NASDAQ: FOXA) during the fourth quarter to 5.95% of the overall 13F portfolio, according to the latest filings. Still, FOXA ranks 5th on the list of Seth Klarman’s top 10 stock picks for 2021. Shares of Fox grew sharply since the beginning of this year, thanks to revenue growth prospects for 2021.
Silver Ring Value Partners, which posted a return of 26.6% for the last 12 months, sold their position in Fox Corporation during the fourth quarter. Here is what Silver Ring Value Partners stated in their Q4 investor letter: