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Andvari Associates: “CoStar (CSGP) is a Great Business with an Amazing Founder” Andvari Associates, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be seen here. A return of -5.2% was delivered by the fund for the Q1 of 2021, below its S&P 500 and Russell 2000 benchmarks that delivered a 6.2% and 12.7% returns respectively for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Andvari Associates, in their Q1 2021 investor letter, mentioned CoStar Group, Inc. (NASDAQ: CSGP), and shared their insights on the company. CoStar Group, Inc. is a Washington, D.C.-based commercial property company that currently has a $34 billion market capitalization. Since the beginning of the year, CSGP delivered a -6.72% return, while its 12-month gains are up by 33.00%. As of April 28, 2021, the stock closed at $862.16 per share. ....