Maran Capital Management LLC, a value-driven, concentrated, long-term investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 14.8% was recorded by the fund for the Q4 of 2020, outperforming its S&P 500 benchmark that delivered a 12.15% return, but below its Russell 2000 index that returned 31.4%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Maran Capital Management, in their Q4 2020 Investor Letter said that they continue to hold their position in Clarus Corporation (NASDAQ: CLAR) because of the positive projections and acquisitions by the company. Clarus Corporation is an outdoor and consumer industries manufacturing company that has a $524.9 million market cap. For the past 3 months, CLAR delivered a 4.06% return and settled at $16.90 per share at the closing of February 2nd.
Here is what Maran Capital Management has to say about Clarus Corporation in their investor letter:
“Our long-time holding Clarus is set to have a banner year in 2021, as both of its segments should be firing on all cylinders. 20%+ owner Warren Kanders (supported by a team of skilled operators led by CEO John Walbrecht and CFO Aaron Kuehne) has continued to execute his “Buy and Build” strategy, most recently with the fantastic (and fantastically cheap) acquisition of Barnes out of the Remington bankruptcy. “
Last December 2020, we published an article telling that Clarus Corporation (NASDAQ: CLAR) was in 15 hedge fund portfolios, its all time high statistics. CLAR delivered a decent 27.73% return in the past 12 months.
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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