Billionaire Steve Cohen’s Top 5 Small-Cap Stock Picks

3. Virtus Investment Partners, Inc. (NASDAQ: VRTS)

Number of Hedge Fund Holders: 20

The company consists of a group of managers focused on delivering long-term success for institutional and individual investors through the provision of investment management products and services. Virtus has various investment strategies deployed in different segments to match investor needs. Some of the latest developments in the company include:

• Under its management, the portfolio of properties as of February 28, 2021, was worth $166.6 billion, a notable improvement from $132.9 billion in the previous month. Virtus also offered its services to other free-earning assets worth $3.4 billion that were not part of the assets under its management.
• AUM had open-end funds worth $72.6 billion in February compared to $51.2 billion in January.
• Institutional accounts for AUM amounted to $42.2 billion in February compared to $40.8 billion in the previous month. Retail separate accounts AUM gained by 17% to $35.4 billion.

As of the end of the fourth quarter, there were 20 hedge funds in Insider Monkey’s database that held stakes in VRTS, compared to 14 funds in the third quarter. Schonfeld Strategic Advisors, with 137,361 shares of VRTS, is the biggest stakeholder in the company.