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Manchester (MANU) United is a Potential Digital Winner

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Jose Karlo Mari Tottoc
·3 min read
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Lindsell Train, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of -2.5% was recorded by the fund for the calendar year of 2020, still better with its FTSE-All Share TR benchmark that returned -9.8%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.

Lindsell Train, in their Q4 2020 Investor Letter said that they continue to be optimistic in Manchester United plc (NYSE: MANU), since they believe that the digital platforms will increase the value of the sports broadcasts rights. Manchester United plc is a world-class football team and club company that currently has a $2.4 billion market cap. For the past 3 months, MANU delivered a 9.61% return and settled at $15.29 per share at the closing of January 25th.

Here is what Lindsell Train has to say about Manchester United plc in their Investor Letter:

"Another company that had a tough 2020, again unsurprisingly, was Manchester United, which has just reported a quarterly loss – in part because of loss of revenues from match days. I mentioned above that we include Man Utd amongst our hoped-for digital winners. The reason is we expect the digital technology platforms to push up the value of the sports broadcast rights as they increasingly compete against each other – Amazon, of course has led the way, already acquiring a parcel of Premiership rights. And there is no doubt about the continuing global fascination for football. Consider one growth statistic Man Utd was able to share at its results. Over the last 12 months hits to the club’s social media sites numbered 1.1bn, up 24% over last year. In a digital world such attention is increasingly valuable. Manchester United’s shares have rallied over 20% since the start of November – but still offer meaningful strategic value, in our opinion."

Bruno Fernandes of Manchester United, Image Credit: Emre Dogan

Last December 2020, we published an article telling that Manchester United plc (NYSE: MANU) was in 15 hedge fund portfolios, its all time high statistics. MANU delivered a -8.66% return YTD.

Our calculations showed that Manchester United plc (NYSE: MANU) does not belong to the 30 most popular stocks among hedge funds.

The top 10 stocks among hedge funds returned 216% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 121 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

Video: Top 5 Stocks Among Hedge Funds

At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation and boost real estate prices. So, we recommended this real estate stock to our monthly premium newsletter subscribers. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our website.

Disclosure: None. This article is originally published at Insider Monkey.