Were Hedge Funds Right About Anheuser-Busch InBev SA/NV (BUD)?
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 Anheuser-Busch InBev SA/NV (NYSE:BUD) in this article.
Anheuser-Busch InBev SA/NV (NYSE:BUD) shares haven’t seen a lot of action during the second quarter. Overall, hedge fund sentiment was unchanged. The stock was in 18 hedge funds’ portfolios at the end of March. Our calculations also showed that BUD isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings). At the end of this article we will also compare BUD to
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Tsai s purchase spans two floors (the 60th and one above) and has sweeping views of Central Park and mid-town Manhattan. The deal also includes a studio apartment on the 18th floor, likely for staff.
Thanks in part to Griffin s purchase, as well as blue-chip buyers like Sting and Daniel Och, 220 Central Park South has continued to soar in value even through the pandemic, and it s more than 90% sold out. The units purchased by Tsai both sold for more than than their original sale price. The 61st floor sold for $51.4 million last year, while the 60th floor sold for $50.9 million.
A spokesperson for Tsai didn t immediately comment.
Thanks in part to Griffin s purchase, as well as blue-chip buyers like Sting and Daniel Och, 220 Central Park South has continued to soar in value even through the pandemic, and it s more than 90% sold out. The units purchased by Tsai both sold for more than than their original sale price. The 61st floor sold for $51.4 million last year, while the 60th floor sold for $50.9 million.
A spokesperson for Tsai didn t immediately comment.
The purchase comes at a sensitive time for Tsai and Alibaba. Alibaba shares have fallen by a third since October, and Chinese authorities are cracking down on the country s big tech companies to curb their power and data reach. Tsai s fellow Alibaba co-founder Jack Ma has largely retreated from public life after he criticized Chinese regulators and Beijing scuttled the initial public offering of his fintech giant Ant.