15 Out of 25 Top-Performing Funds Have This in Common
Several reputable hedge funds are reducing exposure to equities
Fear is starting to set in as many growth names, like SE, DOCN, CRWD, and SHOP, have witnessed severe declines from their peaks. Fear of an inevitable, eventual interest rate hike and tapering is causing some investors to question their holdings. On top of that, inflation levels currently sit at 40 year highs. The Russian invasion of Ukraine has investors on edge as well, further adding fuel to the flame of inflation, supply chain issues, and geopolitical tensions.
Are we due for a recession? Do institutional investors know something that we don’t? To test this, I gathered 25 top-performing funds and evaluated whether they increased or decreased their holdings value relative to the previous quarter, taking into account Q4 performance. Without further ado:
Whale Rock, Alex Sacerdote: Decreased 22.33%
Q4 13F Performance: -1.38%
Overall: Decreased 20.95%
Berkshire Hathaway, Warren Buffett: Increased 12.81%
Q4 13F Performance: +13.60%
Overall: Decreased 0.79%
Coatue, Philippe Laffont: Decreased 3.7%
Q4 13F Performance: -10.94%
Overall: Increased 7.24%