Polen Capital Management, a value-driven, concentrated, long-term investment management firm, published its ‘Polen Focus Growth’ fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 10.15% was recorded by the fund for the Q4 of 2020, below its S&P 500 benchmark that delivered a 12.15% return, and Russell 1000 index that returned 11.39%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Polen Focus Growth said in their Q4 2020 Investor Letter said that Microsoft Corporation (NASDAQ: MSFT) was one of the top contributors for the fund during the fourth quarter of 2020. Microsoft Corporation is a company that develops, manufactures, and sells computer software and related services. It has a $1.8 trillion market cap. For the past 3 months, MSFT delivered an 8.18% return and settled at $242.01 per share at the closing of February 4th.
Here is what Polen Focus Growth has to say about Microsoft Corporation in their investor letter:
“For the full year 2020, one of the top performers was Microsoft, which we have owned for many years, continues to benefit from being the gold standards of software in its respective areas, and the current environment has only served to accelerate customer demand and need for their products and services.”
Last November 2020, we published an article telling that Microsoft Corporation (NASDAQ: MSFT) was in 234 hedge fund portfolios. Its all time high statistics is 235. MSFT delivered a 31.61% 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
At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation and boost real estate prices. So, we recommended this real estate stock to our monthly premium newsletter subscribers. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our website.
Disclosure: None. This article is originally published at Insider Monkey.