Wallace Weitz (Trades, Portfolio), the esteemed portfolio manager of Weitz Value Fund, Weitz Hickory Fund, and Weitz Partners Value Fund, has recently filed his 13F report for the second quarter of 2023.
Weitz Hickory Fund’s Q3 2020 Investor Letter
Weitz Hickory Fund released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 4.82% for the quarter, underperforming its benchmark, the Russell Midcap Index which returned 7.46% in the same quarter. You should check out Weitz Hickory Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
Published on January 12, 2021 at 2:39 am by Inan Dogan, PhD
Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent.
Is First Republic Bank (FRC) Stock a Buy For 2021?
Weitz Hickory Fund released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 4.82% for the quarter, underperforming its benchmark, the Russell Midcap Index which returned 7.46% in the same quarter. You should check out Weitz Hickory Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Weitz Hickory Fund highlighted a few stocks and First Republic Bank (NYSE:FRC) is one of them. First Republic Bank (NYSE:FRC) is an investment company. In the last one year, First Republic Bank (NYSE:FRC) stock gained 35.5% and on January 11th it had a closing price of $163.63. Here is what Weitz Hickory Fund said: