Paul Tudor Jones’ Top 5 Holdings as of the 1st Quarter

According to current portfolio studies, the top 5 holdings of Paul Tudor Jones (Trades, Portfolio)’ Tudor Financial investment as of the March quarter filing are in Legg Mason Inc. (NYSE:LM), E*TRADE Economical Corp. (NASDAQ:ETFC), SPDR S&P five hundred (SPY), Raytheon Technologies Corp. (NYSE:RTX) and iShares Ideas Bond (Idea).

Guru critiques lengthy-held perception concerning companies as rekindled coronavirus fears sink marketplaces

Jones said on Wednesday for the duration of a Just Funds function with CNBC’s Andrew Ross Sorkin that if a company only experienced to stress about creating a profit, the company would not be needed to spend notice to essential social elements like spend fairness, gender fairness and racial fairness. The myopic watch of just focusing on creating a profit, Jones warned, “manifested itself” in a region with a “fragile social infrastructure” system like the U.S. when the coronavirus pandemic hit.

On Thursday, the working day after the Nasdaq shut higher than 10,000 for the initial time, the U.S. indexes every single tumbled about 4{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} on rekindled fears of a second wave of the coronavirus close to the nation. According to John Hopkins University studies, U.S. Covid-19 scenarios topped 2 million this week as numerous states have observed upticks in virus hospitalizations.

The Dow Jones Industrial Average shut at 25,128.seventeen, down 1,861.82 factors from Wednesday’s shut of 26,989.99 and a net 2,444.27 factors from the week-substantial shut of 27,572.forty four on Monday.


Guru portfolio overview as of March filing

As of the initial-quarter conclude, Tudor Investment’s $1.11 billion fairness portfolio is made up of 1,015 stocks with a turnover ratio of 38{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644}. The top three sectors in phrases of bodyweight are wellbeing care, technological know-how and financial services, representing 26.sixty two{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644}, 16.03{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} and fifteen.54{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} of the fairness portfolio.



Legg Mason

Tudor Financial investment owns 360,793 shares of Legg Mason, giving the placement 1.seventy four{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} bodyweight in the fairness portfolio.


The Baltimore-primarily based company provides financial commitment management expert services for institutional and person buyers by means of a multiaffiliate business model. Legg Mason’s affiliate marketers incorporate Chuck Royce (Trades, Portfolio)’s Royce & Associates.


GuruFocus ranks Legg Mason’s profitability 6 out of 10, driven generally by a substantial Piotroski F-rating of 7 and growing running margins, offsetting three-12 months revenue and earnings development costs that are outperforming just about 50{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} of worldwide rivals.


Other gurus with holdings in Legg Mason incorporate Jim Simons (Trades, Portfolio)’ Renaissance Technologies, Jeremy Grantham (Trades, Portfolio)’s GMO and George Soros (Trades, Portfolio)’ Soros Fund Management.



Tudor Financial investment owns 489,849 shares of E*TRADE, giving the placement 1.51{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} bodyweight in the fairness portfolio.


According to its web page, the Arlington, Virginia-primarily based company pioneered on the net buying and selling for retail buyers for the duration of the eighties. GuruFocus ranks E*TRADE’s fiscal toughness 4 out of 10: Though credit card debt ratios are outperforming about fifty five{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} of worldwide rivals, the equity-to-asset ratio of .1 underperforms 87.46{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} of worldwide money industry companies.


SPDR S&P five hundred

Tudor Financial investment owns 61,008 shares of the SPDR S&P five hundred exchange traded-fund, giving the holding 1.forty one{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} bodyweight in the fairness portfolio.


According to the Condition Street World-wide Advisors web page, the SPDR S&P five hundred ETF seeks to supply financial commitment benefits that correspond to the functionality of the Typical & Poor’s five hundred Index. The index shut on Thursday at 3,002.10, down 188.04 factors or 5.89{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} from the past shut of 3,a hundred ninety.14.



Tudor Financial investment owns 257,600 shares of Raytheon, giving the placement 1.23{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} bodyweight in the fairness portfolio.


The Waltham, Massachusetts-primarily based company operates a diversified variety of aerospace and protection enterprises. GuruFocus ranks Raytheon’s profitability eight out of 10 on numerous optimistic investing indications, which incorporate a substantial Piotroski F-rating of 7, a three-star business predictability rank and an running margin that outperforms about sixty nine{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} of worldwide rivals.


iShares Ideas Bond

Tudor Financial investment owns a hundred,000 shares of iShares Ideas Bond ETF, giving the holding 1.06{2e54b6599e2852fcddcb96c51aef71201c0435684ebd8fbda55b4c693aab2644} bodyweight in the fairness portfolio.


According to the iShares web page, the iShares Ideas Bond ETF seeks to observe the financial commitment benefits of an index composed of inflation-shielded U.S. Treasury bonds. Ideas stands for “Treasury Inflation-Safeguarded Securities.”

Disclosure: The creator has no positions in the stocks pointed out. The mention of guru holdings replicate info as of the March-quarter filing and do not incorporate portfolio hedges, buys or sells the guru may well have created for the duration of April to June.

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About the creator:

James Li

I am an editorial researcher at GuruFocus. I have a Master’s in Finance from SMU, and I delight in producing stories on fiscal developments and trader portfolios. Observe me on Twitter at @JamesLiGuru!

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