Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don t make them change their opinion towards a.
Was The Smart Money Right About Southwest Airlines (LUV)?
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 900 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds’ 2018 losses in Facebook and Apple. Let’s take a closer look at what the funds we track think about Southwest Airlines Co. (NYSE:LUV) in this article.
Is
Southwest Airlines Co. (NYSE:LUV) going to take off soon? Money managers were getting more bullish. The number of bullish hedge fund positions inched up by 4 in recent months. Southwest Airlines Co. (NYSE:LUV) was in 55 hedge funds’ portfolios at the end of the fourth quarter of 2020. The all time high for this statistic is 58. Our calculations also showed that LUV isn’t among the 30 most