Seth Klarman’s Value Stock Portfolio Performance in 2021: 5 Best Picks

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1. Veritiv Corporation (NYSE:VRTV)

Number of Hedge Fund Holders: 11  

Gain in Share Price in 2021: 510%   

Veritiv Corporation (NYSE:VRTV) provides packaging products and services. It is one of the surprising success stories of the economic recovery of 2021. Klarman, however, is a long-term admirer of the stock. He first bought a stake in Veritiv Corporation (NYSE:VRTV) during the third quarter of 2014 and the company has featured in the Baupost portfolio consistently since then. Baupost Group presently owns 3.5 million shares in Veritiv Corporation (NYSE:VRTV) worth $319 million, representing 2.93% of the portfolio. 

Veritiv Corporation (NYSE:VRTV) is not the most popular stock among hedge funds despite stellar performance in 2021. At the end of the third quarter of 2021, 11 hedge funds in the database of Insider Monkey held stakes worth $354 million in Veritiv Corporation (NYSE:VRTV), down from 14 in the preceding quarter worth $254 million. 

You can also take a peek at Why These 10 Stocks Fell on Monday and 10 Penny Stocks With Long-Term Growth Catalysts.

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