Qualivian Investment Partners recently released its Q3 2020 Investor Letter. In Q3 2020, the fund was up 9.3% and 9.1% on a gross and net basis versus the S&P’s 8.93% increase, outperforming by 0.3% and 0.2%. In October, we published an article revealing our exclusive interview with Qualivian Investment Partners’ co-founder Aamer Khan. You should check out Qualivian Investment Partners’ top 3 stock picks for investors to buy right now, which could be the biggest winners in 2021.
In the Q3 2020 Investor Letter, Qualivian Investment Partners highlighted a few stocks and Brookfield Asset Management Inc (NYSE:BAM) is one of them. Brookfield Asset Management Inc (NYSE:BAM) is an asset management company. Year-to-date, Brookfield Asset Management Inc (NYSE:BAM) stock gained 5.1% and on November 30th it had a closing price of $40.49. Here is what Qualivian Investment Partners said:
“Brookfield Asset Management: BAM was neutral this quarter to our performance with the stock largely range – bound. BAM is a premier investor in alternative assets, including real estate, infrastructure assets, fixed income, and private equity. The stock underperformed together with much of the credit sensitive financial sector as the uncertainty regarding the length and depth of the COVID slowdown increased in the first and second quarters. Some of BAM’s subsidiary companies (BPY for instance) have substantial exposure to real estate and have higher than average levels of leverage. We reduced our holding in BAM in the second quarter as it became harder to forecast its economic earnings over the next five years. The stock remains under review.”
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In Q2 2020, the number of bullish hedge fund positions on Brookfield Asset Management Inc (NYSE:BAM) stock decreased by about 11% from the previous quarter (see the chart here), so a number of other hedge fund managers don’t believe in BAM’s growth potential. Our calculations showed that Brookfield Asset Management Inc (NYSE:BAM) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 216% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 121 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
Video: Top 5 Stocks Among Hedge Funds
At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation and boost real estate prices. So, we recommended this real estate stock to our monthly premium newsletter subscribers. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our website:
Disclosure: None. This article is originally published at Insider Monkey.
