Published on 26 Jul 2021 on Insider Monkey via Yahoo Finance
Brixmor Property Group Inc (BRX): Are Hedge Funds Right About This Stock?
In this article we are going to use hedge fund sentiment as a tool and determine whether Brixmor Property Group Inc (NYSE:BRX) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of news stories covering failed hedge fund investments and it is a fact that hedge funds' picks don't beat the market 100% of the time, but their consensus picks have historically done very well and have outperformed the market after adjusting for risk.
Brixmor Property Group Inc (NYSE:BRX) shareholders have witnessed an increase in support from the world's most elite money managers recently. Brixmor Property Group Inc (NYSE:BRX) was in 18 hedge funds' portfolios at the end of the first quarter of 2021. The all time high for this statistic is 28. There were 6 hedge funds in our database with BRX holdings at the end of December. Our calculations also showed that BRX isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings).
If you'd ask most shareholders, hedge funds are viewed as underperforming, outdated investment vehicles of the past. While there are over 8000 funds with their doors open at the moment, Our researchers look at the upper echelon of this group, around 850 funds. These investment experts watch over bulk of the hedge fund industry's total asset base, and by paying attention to their unrivaled stock picks, Insider Monkey has determined many investment strategies that have historically defeated the broader indices. Insider Monkey's flagship short hedge fund strategy beat the S&P 500 short ETFs by around 20 percentage points per year since its inception in March 2017. Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. You can download a sample issue of this newsletter on our website .