Hedge fund Greenhaven Associates, managed by Edgar Wachenheim III, bets big on six major stocks, aiming for long-term gains.

Hedge fund Greenhaven Associates, led by Edgar Wachenheim III, has picked several top stocks including Arrow Electronics, Lear Corporation, D.R. Horton, General Motors, Citigroup, and Toll Brothers. Wachenheim's firm manages over $7 billion, with over 65% in just four stocks. Known for a long-term investment strategy focusing on undervalued companies, Greenhaven has averaged around 19% annual returns since 1988.

2 months ago
11 Articles