Rhizome Partners, a long-term capital investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A net return of 18.2% was recorded by the fund for the Q4 of 2020, outperforming its S&P 500 benchmark that delivered a 12.2% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Rhizome Partners, in their Q4 2020 Investor Letter, said that Univar Solutions Inc. (NYSE: UNVR) has a potentially good investment upside. Univar Solutions Inc. is an international chemical, ingredient, and solutions service provider that currently has a $3.5 billion market cap. For the past 3 months, UNVR delivered a 17.16% return and settled at $21.03 per share at the closing of February 19th.
Here is what Rhizome Partners has to say about Univar Solutions Inc. in their Q4 2020 investor letter:
“We continue to be excited about Univar. We think the company is trading at about 8x 2022 P/FCF for a structurally advantaged and growing business. We think that the stock re-rates in 2021 and 2022 after it fully implements the new ERP system, reduces leverage, and starts reporting the fully synergized and normalized financials.”
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. 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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