Artisan Partners Limited Partnership, a high value-added investment management firm, published its ‘Artisan International Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. A return of 8.87% was recorded by its Investor Class: ARTIX, 8.90% by its Advisor Class: APDIX, and 8.92% by its Institutional Class: APHIX, in the fourth quarter of 2020, all below its MSCI EAFE benchmark that delivered a 16.05% return and its MSCI All Country World Index that was up by 17.01% in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Artisan International Fund, in their Q4 2020 investor letter, mentioned Ryanair Holdings plc (NASDAQ: RYAAY) and emphasized their views on the company. Ryanair Holdings plc is an Ireland-based airline company that currently has a $22 billion market capitalization. Since the beginning of the year, RYAAY delivered a 4.62% return, impressively extending its 12-month gains to 142.18%. As of March 16, 2021, the stock closed at $115.06 per share.
Here is what Artisan International Fund has to say about Ryanair Holdings plc in their Q4 2020 investor letter:
“Our top Q4 contributor was Ryanair Holdings, a low-cost European airline. The positive vaccine-related news caused Ryanair and other travel and leisure stocks to rally sharply as markets looked ahead to travel demand’s recovery in 2021. We continue to like Ryanair’s leading market position, low cost base and history of returning capital to shareholders.”
Our calculations show that Ryanair Holdings plc (NASDAQ: RYAAY) 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, Ryanair Holdings plc was in 23 hedge fund portfolios, compared to 16 funds in the third quarter. RYAAY delivered an 8.23% 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.