Published on 2 Dec 2021 on Insider Monkey via Yahoo Finance
Vulcan Value Partners, an investment management firm, published its “Large Cap, Small Cap, Focus Composite, Focus Plus Composite, and All Cap Composite” third quarter 2021 investor letter – a copy of which can be downloaded here. Vulcan’s Large Cap Composite Fund delivered a 0.1% net return for the third quarter of 2021, 11.8% for the Small Cap, -0.9% for the Focus Composite Fund, -0.9% return was delivered by the Focus Plus Composite Fund, and 3.4% was gained by the All Cap Composite Fund for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.
Vulcan Value Partners, in its Q3 2021 investor letter, mentioned Wayfair Inc. (NYSE: W) and discussed its stance on the firm. Wayfair Inc. is a Boston, Massachusetts-based online store company with a $29.2 billion market capitalization. Wayfair delivered a 23.70% return since the beginning of the year, while its 12-month returns are up by 11.48%. The stock closed at $279.32 per share on November 25, 2021.
Here is what Vulcan Value Partners has to say about Wayfair Inc. in its Q3 2021 investor letter: