Kinsman Oak Equity Fund’s Q1 2021 Investor Letter
Kinsman Oak Capital Partners, an investment management firm, published its “Kinsman Oak Equity Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 3.7% was delivered by the fund for the Q1 of 2021, trailing the S&P 500 Index that delivered a 6.2% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Published on May 17, 2021 at 11:54 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.
Here’s Why Kinsman Oak Disposed its SPDR Gold (GLD) Position
Kinsman Oak Capital Partners, an investment management firm, published its “Kinsman Oak Equity Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 3.7% was delivered by the fund for the Q1 of 2021, trailing the S&P 500 Index that delivered a 6.2% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Kinsman Oak Equity Fund, in its Q1 2021 investor letter, mentioned SPDR Gold Shares (NYSE: GLD), and shared their insights on the company. SPDR Gold Shares is a US-based SPDR family of exchange-traded funds that currently has a $57.7 billion market capitalization. As of May 14, 2021, the stock closed at $172.69 per share.
Joel Greenblatt’s Top 5 Stock Picks
5. Facebook, Inc. (NASDAQ: FB)
After a stunning rally in 2020, shares of Facebook (NASDAQ: FB) are struggling to trade in the green this year. The legendary value investor sold 5% of his position during the fourth quarter to capitalize on robust share price appreciation in the pandemic year. Facebook ranks 5th on the list of Joel Greenblatt’s top picks.
Kinsman Oak Capital Partners Inc., an independent Toronto-based boutique investment firm, highlighted a few stocks including Facebook in an investor letter. Here’s what Kinsman Oak Capital Partners stated:
“Our view on Facebook (FB) may be somewhat controversial. The bear case for FB boils down to antitrust risk and valuation. Facebook, although to a lesser degree, is a relative value bargain as well. We believe the company possesses an element of platform risk that Alphabet does not but, compared to the rest of the market, the stock still seems undervalued. We compared Facebook to the R
Value Investor Bill Miller’s Top 10 Stock Picks
In this article, we will discuss value investor Bill Miller’s stock portfolio strategies that helped his hedge fund Miller Value Partners in generating significant gains in the last two years. We will also closely examine how the legendary investor is seeking to beat the market trend in 2021. For that, we will review value investor Bill Miller’s top 10 stock picks. Click to skip ahead and see
Bill Miller is an American investor and hedge fund manager, known for his legendary stock-picking strategies and investing perspective. Miller worked for the now-defunct investment management firm Legg Mason famous for beating the S&P 500 for 15 straight years before starting his hedge fund Miller Value Partners. The 71-year-old, born in North Carolina, loves philosophy and pursued a Ph.D. program at Johns Hopkins University Department of Philosophy after completing his military service.
Kinsman Oak Capital Partners on Facebook (FB): “FB is a Relative Value Bargain”
Kinsman Oak Capital Partners Inc., an independent Toronto-based boutique investment firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 6.4% was recorded by the fund for the Q4 of 2020, below both its S&P 500 and Russell 2000 benchmark that delivered a 12.2% and 31.4% return respectively, and also underperforming its TSX Composite Index that gained a 14.3% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Kinsman Oak Capital Partners, in their Q4 2020 Investor Letter, said that they have a controversial view on Facebook, Inc. (NASDAQ: FB) because they view it as a ‘not so expensive’ company. Facebook, Inc. is a social network site that currently has a $774.1 billion market cap. For the past 3 months, FB delivered a -1.17% return and settled at $271.87 per share at the closing of February 10th.