50 Top Stock Picks In Q2 That Billionaires Love

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Bristol-Myers Squibb

Biospace

Market Value: $140.9 billion
Billionaire Investor: River Road Asset Management
Percent of Portfolio: 1.7%

The River Road Asset Management has a total of $8.3 billion in assets, which already included Bristol-Myers Squibb (BMY). Due to the success of River Road’s first investment in the company back in 2019, they decided to buy an additional 652,857 shares in the second quarter of the year. This gave it an impressive 61% increase in its shareholding from the first quarter alone. Now that they own more than $100 million worth of BMY, their portfolio percentage is now 1.7%.