In this article, we are going to discuss the 10 best Mid-Cap Stocks To Buy Now as found in the stocks portfolio of Brian Higgins. This article is based on the stocks reviewed by Insider Monkey. A 55 years billionaire, Brain Higgins, is the co-founder of King Street Capital Management which is an investment firm. This company is managing assets of around $17 billion across fixed income markets and public equity markets worldwide with the key focus on foreign exchange, equities, bonds, and distressed companies. The securities market value included in the 13F stock portfolio of King Street firm of Brian Higgins stands around $928 million and its 10 top stock holdings are accounting for 72% of value in the entire portfolio. As opposed to other hedge funds that are investing in mega-cap and large-cap stocks, this Kind Street can be categorized as a firm with small to mid-cap stocks. As per the post of Insider Monkey:
“Brian Higgins King Street Capital Management has established several funds to diversify investments across a variety of asset classes. Its evergreen Flagship Funds focus on long/short multi-strategy credit and event-driven investments in various asset classes including fixed-income and equities. King Streets has also been running European Funds to capitalize on profit-making opportunities in European markets. Other funds include the Real Estate, Rockford Tower (CLOs), Global Drawdown Fund, and Tactical Credit Opportunity Fund.”
Let’s start with the stock in the 10th position in the portfolio of Brian Higgins. DISH Network Corporation which is a satellite and cable TV services provider has been beating the market index for the last 3 months but an underperformance of this DISH Network has been observed in the past 12 months. The stock value of the company declined by 7% in the last 12 months. The position in the company was started by Kind Street firm in Q2 of 2019 and in the Q3 of 2020, the overall value of this stake in the entire portfolio of Brian Higgins was 3.97%. The next stock which is son 9th place in the stocks picks of Brian Higgins is Surgery Partners, Inc. This is the best mid-cap stocks at present and assisting King Street to gain huge returns. The share value of the Surgery Partners increased by 35% in the past 3 months and results in maximizing the 12-month share gains to around 105%. If you want to learn more about these mid-cap stocks along with others, then you can read the post 10 Best Mid-Cap Stocks To Buy According To Billionaire Brian Higgins.