50 Top Stock Picks In Q2 That Billionaires Love

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Cigna

Law

Market Value: $65.0 billion
Billionaire Investor: Leon Cooperman
Percent of Portfolio: 11.7%

Leon Cooperman began his rise to asset management by building up another huge company, Goldman Sachs. Eventually he broke off on his own, and has since become a leading hedge fund manager, despite being caught up in insider trading issues, having to pay charges to the Securities and Exchange Commission back in 2018. Since then, Cooperman has accumulated a wealth of $2.5 billion, with Cigna being one of his top picks since the third quarter of 2018. He hasn’t bought any new shares since, but his stake in the company has brought it to 11.7% percent of his equity portfolio.