50 Top Stock Picks In Q2 That Billionaires Love

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VeriSign

Phys

Market Value: $23.9 billion
Billionaire Investor: Palestra Capital Management
Percent of Portfolio: 4.1%

VeriSign is a leading global company that provides registry services for domain names, as well as safe and secure internet infrastructure. Hedge fund company, Palestra Capital Management, upped their stakes in VeriSign in the 2nd quarter, buying 792,380 shares, costing them $163.9 million in the process. This has also landed VeriSign as one of Palestra’s leading stock picks, accounting for 4.1% of the portfolio. Aside from Palestra, Warren Buffet’s Berkshire Hathaway also holds almost 13 million shares.