Published on 29 Oct 2021 on Insider Monkey via Yahoo Finance

Sturm, Ruger & Company, Inc. (RGR) Fell Out Of Favor With Hedge Funds

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of Sturm, Ruger & Company, Inc. (NYSE:RGR).

Sturm, Ruger & Company, Inc. (NYSE:RGR) has experienced a decrease in support from the world's most elite money managers lately. Sturm, Ruger & Company, Inc. (NYSE:RGR) was in 19 hedge funds' portfolios at the end of June. The all time high for this statistic is 27. Our calculations also showed that RGR isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings).

If you'd ask most market participants, hedge funds are seen as worthless, old financial vehicles of years past. While there are over 8000 funds with their doors open at present, We hone in on the top tier of this club, approximately 850 funds. These investment experts manage bulk of the hedge fund industry's total asset base, and by tracking their matchless equity investments, Insider Monkey has determined a number of investment strategies that have historically outperformed Mr. Market. Insider Monkey's flagship short hedge fund strategy surpassed the S&P 500 short ETFs by around 20 percentage points annually since its inception in March 2017. Also, our monthly newsletter's portfolio of long stock picks returned 185.4% since March 2017 (through August 2021) and beat the S&P 500 Index by more than 79 percentage points. You can download a sample issue of this newsletter on our website.