Published on 6 Feb 2022 on Insider Monkey via Yahoo Finance
In this article, we discuss the top 10 stocks to buy according to John Orrico's Water Island Capital. If you want to skip our detailed analysis of Orrico's history, investment philosophy, and hedge fund performance, go directly to the Top 5 Stocks to Buy According to John Orrico's Water Island Capital.
John Orrico earned a double major in Finance and International Management from Georgetown University. He has worked in the financial services industry since 1982, holding several jobs in finance and stock trading. Mr. Orrico launched Water Island Capital in 2000 and currently serves as the hedge fund's president and chief investment officer.
Water Island Capital is an employee-owned hedge fund management business in New York. It participates in merger arbitrage and risk arbitrage regularly. In addition, Water Island Capital focuses primarily on catalyst-driven global investment opportunities. As of the third quarter of 2021, Water Island Capital had a 13F portfolio worth $1.74 billion.