The 51 years old Billionaire Larry Robbins witnessed tough times at his firm, popularly known as Glenview Capital Management. At times, he had to struggle hard for business. He is among those hedge fund planners who stressed on the need that drastic changes are required to upgrade the US healthcare system. The reputation of Larry Robbins has been affected a lot but it does not mean that the hedge funds still enjoy the same popularity as was once in the past. The entire hedge funds industry witnessed bearish trends during the past 10 years. The main reason for this was that the hedged returns were not able to remain stable alongside the unhedged returns. As per research by Insider Monkey’s analysts, several hedge fund holdings were identified that performed better as compared to the S&P 500 ETFs by over 78% since March 2017. Not only this, the researchers found another group of hedge fund holdings that remained untapped in the market. For investors, it should be of the utmost importance that they should pay attention to the hedge fund sentiment because it is a positive indicator. Insider Monkey has been monitoring the list of all these stocks since early 2017. To get updated information about the latest changes, subscribe to the newsletter on our homepage. Let’s get started about the Top 10 Stocks of Billionaire Larry Robbins in this article as shared by Insider Monkey.
McKesson Corporation is the sixth largest investment fund of Glenview Capital Management. This has been added to McKesson Corporation position during the outgoing quarter. It was during 2016 that the hedge fund tried to maintain its position in pharmaceutical and medical supplies. The share price of McKesson Corporation increased by 23% in 2020. On the other hand, during the past 5 years, its shares witnessed a 13% decline despite going up recently. Another important company of Glenview Capital Management investment portfolio is Health care services provider, HCA Healthcare, Inc. Despite the company selling 24% of the stake in the current quarter, HCA Healthcare still makes up 5.94% of the total investment portfolio. The company benefited a lot from the share. It is because the share price increased over 200% during the past decade. To keep reading about other investment portfolios of the firm, check out the information at Billionaire Larry Robbins’ Top 10 Stock Picks.