50 Top Stock Picks In Q2 That Billionaires Love

Like it? Share it!

Facebook

Pinterest

Reddit

Twitter

Google+

Baxter International

PM Live

Market Value: $43.7 billion
Billionaire Investor: Suvretta Capital Management
Percent of Portfolio: 2.2%

Baxter International is another American multinational health care company that is known for products that treat kidney disease, hemophilia and other chronic medical disorders. Suvretta Capital Management is a New York-based hedge fund that bought 1,204,204 shares of Baxter in the 2nd quarter at $86.27 per share, worth around $104 million. This translates to 2.2% of the company portfolio. Considering that the company caters to the aging community, it is even more attractive to hedge funds and other types of investors.