


Nevertheless, we were still able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by 124 percentage points since March 2017 ( see the details here).Īt Insider Monkey we leave no stone unturned when looking for the next great investment idea. Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 19, but the margin of outperformance has been declining in recent years. Hedge funds' reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn't keep up with the unhedged returns of the market indices. There were 23 hedge funds in our database with NOVA holdings at the end of September. Our calculations also showed that NOVA isn't among the 30 most popular stocks among hedge funds (click for Q4 rankings).

This means the bullish number of hedge fund positions in this stock currently sits at its all time high. The all time high for this statistic is 23. (NYSE: NOVA) was in 32 hedge funds' portfolios at the end of the fourth quarter of 2020. The number of long hedge fund positions increased by 9 recently. Is NOVA stock a buy or sell? Prominent investors were becoming more confident. (NYSE: NOVA) makes for a good investment right now. In this article, we will use that wealth of knowledge to determine whether or not Sunnova Energy International Inc. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of December 31st. At Insider Monkey, we pore over the filings of nearly 887 top investment firms every quarter, a process we have now completed for the latest reporting period.
