5 Best-Performing Stocks in 2021

4. BlackBerry Limited (NYSE: BB)

Number of Hedge Fund Holders: 24 

Year-to-Date  Gains: 109% 

BlackBerry Limited (NYSE: BB) is a Canada-based company that focuses on software as a service solutions as well as making and selling of products related to the internet of things. It was founded in 1984 and is ranked fourth on our list of 10 best-performing stocks in 2021. The stock has returned more than 109% to investors year-to-date. Some of the software solutions the firm offers deal with cybersecurity, safety, and data privacy, as well as endpoint security management, encryption, and embedded systems, among others. 

On April 28, BlackBerry Limited (NYSE: BB) announced that it would be restructuring business around internet of things and cyber security services by aligning operations and strengthening a management team related to the two segments. The firm also disclosed that it would be appointing business unit general managers for giving direction to overall strategy. 

Out of the hedge funds being tracked by Insider Monkey, Canada-based investment firm Fairfax Financial Holdings is a leading shareholder in BlackBerry Limited (NYSE: BB) with 46.7 million shares worth more than $392 million.