Billionaires Purchased These 3 Stocks Recenty

In the second quarter of 2022, two prominent investment firms, Duquesne Management and Pershing Square Tontine Holdings, made significant moves in the market by acquiring shares in Restaurant Brands International and Whirlpool.

Stanley Druckenmiller of Duquesne Management bought 751,100 shares of Restaurant Brands International stock, worth almost $41 million. This move comes as the company continues to thrive, with revenue up 16% year over year in the second quarter and total restaurant sales increasing 5.3% year over year on a consolidated basis. The current price of Restaurant Brands International stock stands at $63.37, and the company pays a dividend yielding 3.8%.

Bill Ackman, founder of Pershing Square Tontine Holdings, also acquired a position in Restaurant Brands International. This position is the fund's third-largest at 11%, making it a significant investment. Restaurant Brands International, which operates major fast-food franchises, has shown strong cash-generating franchise business, making it an attractive investment for value-focused investors. The company is publicly traded on the NYSE under the ticker symbol QSR.

Meanwhile, David Tepper of Appaloosa bought 266,092 shares of Whirlpool stock in the second quarter, worth $27 million. Whirlpool, a U.S. manufacturer of home appliances under brand names like Whirlpool, Maytag, and KitchenAid, is currently trading at $93.15 per share. The company has a market capitalization of $21 billion.

Whirlpool is currently experiencing near-term headwinds due to tariffs, but it's well-positioned to reap the benefits down the line. The company's stock is trading at a forward 1-year P/E ratio of 11, indicating potential for earnings growth and improved equity value. Despite facing housing market challenges, Whirlpool was seen as a deep value stock with potential for earnings growth and improved equity value as it manages debt and a strong new product slate. Shares of Whirlpool are traded on the NYSE under the ticker symbol WHR.

In summary, the second quarter of 2022 saw investment giants Bill Ackman and David Tepper acquiring shares in Restaurant Brands International and Whirlpool. These moves reflect confidence in both companies' potential for growth and their ability to weather current market challenges. Restaurant Brands International, with its strong cash-generating franchise business, is considered a value stock, while Whirlpool, despite facing housing market challenges, is seen as a deep value stock with potential for earnings growth and improved equity value as it manages debt and a strong new product slate.