Heartland Opportunistic Value Fund recently released its third-quarter investor letter – a copy of which is available for download here. The fund posted a return of 3.1% for the quarter, underperforming its benchmark, the Russell 3000 Value Index which returned 5.4% in the same quarter. You should check out Heartland’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Heartland Advisors highlighted a few stocks and Berkshire Hathaway Inc (NYSE:BRK.B) is one of them. Berkshire Hathaway Inc (NYSE:BRK.B) is a multinational conglomerate holding company. Year-to-date, Berkshire Hathaway Inc (NYSE:BRK.B) stock lost 1.3% and on December 21st it had a closing price of $223.49. Here is what Heartland Advisors said:
“The Strategy’s Financials holdings were up modestly for the period and included a top performer. Shares of Berkshire Hathaway Inc. (BRK.B), a multi-business holding company run by legendary investor Warren Buffett, were up after management reported strong earnings and began aggressively repurchasing shares.
Berkshire Hathaway has been volatile this year as investors have been trading the name based on what we view as a near-term focus. We have taken a longer view and continue to find the company’s valuations attractive. Based on our estimates, shares of Berkshire are trading at a 20% discount to the S&P 500, despite the company having an exceptional balance sheet and a portfolio of market leading businesses such as Geico Insurance and BNSF Railway.”
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Last week, we published an article revealing that Del Principe O’Brien Financial Advisors is bullish on Berkshire Hathaway Inc (NYSE:BRK.B) stock. The investment firm believes that the company is strong and getting stronger.
In Q3 2020, the number of bullish hedge fund positions on Berkshire Hathaway Inc (NYSE:BRK.B) stock increased by about 2% from the previous quarter (see the chart here), so a number of other hedge fund managers believe in Berkshire’s growth potential. Our calculations showed that Berkshire Hathaway Inc (NYSE:BRK.B) is ranked #15 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
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Disclosure: None. This article is originally published at Insider Monkey.
