Bernzott Capital Advisors, an investment management firm, published its fourth quarter 2020 investor letter – a copy of which can be downloaded here. A return of 24.41% was recorded by the fund in the fourth quarter of 2020, below its R2000V and R2500V benchmarks that delivered a 33.36% and 28.51% return respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Bernzott Capital Advisors, in their Q4 2020 investor letter, mentioned WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) and emphasized their views on the company. WillScot Mobile Mini Holdings Corp. is a Phoenix, Arizona-based company that currently has a $5.7 billion market capitalization. Since the beginning of the year, WSC delivered an 8.80% return, impressively extending its 12-month gains to 139.41%. As of March 23, 2021, the stock closed at $25.21 per share.
Here is what Bernzott Capital Advisors has to say about WillScot Mobile Mini Holdings Corp. in their Q4 2020 investor letter:
“Willscot Mobile Mini Holdings (WSC): Reported solid financial results highlighted by rate increases in its modular segment and good cash flow. The merger of WillScot and Mobile Mini was completed in 3Q. The two business models are both based on strong recurring revenues from long duration leases and similar asset characteristics, such as long lives, low maintenance, high margin, short payback periods and strong cash flow generation. By combining the fleets, totaling over 365,000 units, the offering becomes more strategic and valuable to customers, and the diversification of the portfolio improves. The company is off to a good start following the merger.”
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Our calculations show that WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) does not belong in our list of the 30 Most Popular Stocks Among Hedge Funds. As of the end of the fourth quarter of 2020, WillScot Mobile Mini Holdings Corp. was in 35 hedge fund portfolios, compared to 36 funds in the third quarter. WSC delivered a 13.05% return in the past 3 months.
The top 10 stocks among hedge funds returned 231.2% between 2015 and 2020, and outperformed the S&P 500 Index ETFs by more than 126 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. Here you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
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Disclosure: None. This article is originally published at Insider Monkey.
