In this article, we discuss Rob Cope’s top 10 Columbus Point stock picks. If you want to skip our in-depth analysis of Cope’s hedge fund history, investment philosophy and performance, go straight to the Rob Cope’s Top 5 Columbus Point Stock Picks.

Rob Cope joined Lazard Asset Management in 1996 as an analyst. In 2003 Rob co-founded Cantillon Capital Management. He was Global Equity Strategist at Cantillon from 2005 to June 2016. In 2017, Rob Cope founded Columbus Point.

Columbus Point is a global equity hedge fund based in London. The Columbus Point Global Equity Strategy is the firm’s only product. The hedge fund has a history of making money by investing in companies with strong long-term growth potential.

In the third quarter, Columbus Point has significant stakes in several large companies, including Microsoft Corporation (NASDAQ:MSFT), Visa Inc. (NYSE: V) and Spotify Technology SA (NYSE: SPOT).

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Here’s a list of Rob Cope’s top 10 Columbus Point stock picks. We used Cope’s 13F portfolio for Q3 2021 for this analysis.

Rob Cope’s Best Columbus Point Stock Picks

10. UnitedHealth Group Incorporated (NYSE:A H)

Columbus Point Bet Value: $11,040,000

Percentage of Columbus Point 13F Portfolio: 5.25%

Number of hedge fund holders: 95

UnitedHealth Group Incorporated (NYSE:UNH) is a Minneapolis-based health insurance company that provides private and public sector organizations and individuals with health benefit plans and services and Medicare programs.

Columbus Point added UnitedHealth Group Incorporated (NYSE: UNH) to its portfolio in Q3 2021 by purchasing 28,253 shares. On December 20, Mizuho analyst Ann Hynes raised her price target on UnitedHealth Group Incorporated (NYSE:UNH) to $550 from $500 and maintained a “Buy” rating on the stock.

At the end of the third quarter of 2021, 95 hedge funds in the Insider Monkey database held stakes worth $11.71 billion in UnitedHealth Group Incorporated (NYSE:UNH), up from 105 in the previous quarter of worth $13.12 billion.

Like Microsoft Corporation (NASDAQ:MSFT), Visa Inc. (NYSE:V) and Spotify Technology SA (NYSE:SPOT), UnitedHealth Group Incorporated (NYSE:UNH) is one of Rob’s top Columbus Point stock picks. Cope.

Third Point Management, in its letter to investors for the third quarter of 2021, mentioned UnitedHealth Group Incorporated (NYSE: UNH). Here’s what the company has to say:

“UnitedHealth is one of the world’s largest healthcare companies and a market leader in its healthcare insurance and services business (Optum). We took a stand in the 2020 presidential election at a time of heightened political and regulatory uncertainty.

We believe that under the leadership of its new CEO, Andrew Witty, UnitedHealth can not only maintain market dominance and maintain leading growth rates in most of its key segments, but also enter new healthcare services markets. Witty is known as a CEO with a mission that clearly articulates his view that providing affordable, high-quality health services is a social good. He consistently receives high marks from former colleagues, and we believe his leadership approach will bolster and even strengthen the already impressive ranks of UNH management and employees. The insurance and services businesses are synergistic and complementary, reinforcing United’s essential role in financing, accessing and managing care. This momentum gives us confidence in United’s continued leadership in the market…” (Click here to see the full text)

9. Nasdaq, Inc. (NASDAQ:NDAQ)

Columbus Point Bet Value: $13,196,000

Percentage of Columbus Point 13F Portfolio: 6.28%

Number of hedge fund holders: 21

Nasdaq, Inc. (NASDAQ: NDAQ) is a holding company that provides trading, clearing, exchange technology, regulatory, securities listing and information services to public and private companies. On Dec. 22, Piper Sandler analyst Richard Repetto raised his price target on Nasdaq, Inc. (NASDAQ: NDAQ) to $220 from $200 and maintained an “overweight” rating on the stock.

With a $203.91 million stake in Nasdaq, Inc. (NASDAQ: NDAQ), Ric Dillon’s Diamond Hill Capital is the company’s largest shareholder. Additionally, our database shows that 21 hedge funds held stakes in Nasdaq, Inc. (NASDAQ: NDAQ) at the end of the third quarter, compared to 23 funds in the second quarter.

Artisan Partners mentioned Nasdaq, Inc. (NASDAQ: NDAQ) in its Q1 2021 letter to investors. Here’s what the fund said:

“We have launched new investment campaigns on the Nasdaq. The Nasdaq is the world’s second-largest diversified stock exchange and technology provider to the US and European capital markets. While the company is well known for its US stock market, the current management team is transitioning the Nasdaq from this more mature and volatile business into faster-growing software and information services models. More recently, the company’s acquisition of Verafin makes it a leader in software to help financial institutions detect financial crime (fraud, money laundering, etc.) – an increasingly critical regulatory challenge for customers. . Over time, we believe management can achieve their 70%-80% recurring revenue target while increasing their revenue growth rate and margin profile. »

8. Canadian National Railway Company (NYSE:CNI)

Columbus Point Bet Value: $13,259,000

Percentage of Columbus Point 13F portfolio: 6.31%

Number of hedge fund holders: 42

Canadian National Railway Company (NYSE: CNI) and its subsidiaries are involved in the railroad and related transportation industries. Canadian National Railway Company (NYSE:CNI) is the latest addition to Rob Cope’s Columbus Point portfolio, with the hedge fund buying 114,440 shares of the company, worth $13.26 million.

On December 16, National Bank analyst Cameron Doerksen raised his price target on Canadian National Railway Company (NYSE:CNI) to C$170 from C$153 and reiterated a note “ Sector Perform” on stocks.

In the third quarter, hedge fund sentiment rose for Canadian National Railway Company (NYSE:CNI). Data from Insider Monkey shows that 42 elite hedge funds held stakes in the company at the end of the third quarter, up from 40 funds a quarter earlier.

7. PayPal Holdings, Inc. (NASDAQ:PYPL)

Columbus Point bet value: $13,391,000

Percentage of Columbus Point 13F Portfolio: 6.37%

Number of hedge fund holders: 123

PayPal Holdings, Inc. (NASDAQ: PYPL) is a US-based global financial technology company that operates an online payment system. Terry Smith’s Fundsmith LLP is the largest shareholder of PayPal Holdings, Inc. (NASDAQ: PYPL), with 12.29 million shares worth $3.20 billion.

In December, Wedbush analyst Moshe Katri cut his price target on PayPal Holdings, Inc. (NASDAQ:PYPL) to $220 from $240 and maintained an “outperform” rating on the stock. According to the analyst, there is still evidence of erratic consumer spending, continued pandemic-related B&M closures/travel slowdowns, and likely a decrease in non-discretionary spending due to an inflationary rise in commodity prices. essential goods.

Overall, 123 hedge funds monitored by Insider Monkey were bullish on PayPal Holdings, Inc. (NASDAQ:PYPL) in the third quarter. The stakes of these funds are valued at $12.88 billion.

Baron Funds, in its letter to investors for the third quarter of 2021, referred to PayPal Holdings, Inc. (NASDAQ:PYPL). Here is what the fund said:

“PayPal Holdings, Inc. – PayPal Holdings, Inc. (NASDAQ:PYPL) first caught the attention of consumers as a peer-to-peer digital payment application, specifically as a convenient and reliable for eBay buyers to pay eBay sellers in the early days of online shopping.Over the years, it has grown to become a near-ubiquitous online retail payment platform, while also offering other digital shopping tools and services, such as digital wallet, bill payment, buy it now and pay later, cryptocurrency, in-store retail, etc. According to the CEO of PayPal Holdings, Inc (NASDAQ:PYPL), these new acts have allowed the company to increase the TAM it “plays”.[s] with “more than six times in the last three years”. PayPal now has 403 million active accounts and is on track to reach its goal of 750 million by 2025 and 1 billion longer term, for a total TAM of over $1 trillion.

6. VeriSign, Inc. (NASDAQ:VRSN)

Columbus Point Bet Value: $13,908,000

Percentage of Columbus Point 13F portfolio: 6.62%

Number of hedge fund holders: 40

VeriSign, Inc. (NASDAQ: VRSN) is a domain name registrar and Internet infrastructure provider. Columbus Point owns 67,840 shares of VeriSign, Inc. (NASDAQ: VRSN), worth $13.91 million. This represents 6.62% of their portfolio. The hedge fund’s stake in VeriSign, Inc. (NASDAQ:VRSN) fell 4% in the third quarter of 2021.

At the end of the third quarter, 40 hedge funds in Insider Monkey’s database of 867 funds held stakes in VeriSign, Inc. (NASDAQ: VRSN), compared to 41 funds in the second quarter.

Along with Microsoft Corporation (NASDAQ: MSFT), Visa Inc. (NYSE: V) and Spotify Technology SA (NYSE: SPOT), VeriSign, Inc. (NASDAQ: VRSN) is attracting the attention of Rob Cope’s Columbus Point.

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Disclosure: none. Rob Cope’s 10 Best Columbus Point Stock Picks is originally published on Insider Monkey.

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