The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. Now, we are almost done with the second quarter. Investors decided to bet on the economic recovery and a stock market rebound. S&P 500 Index returned almost 20% this quarter. In this article you are going to find out whether hedge funds thoughtResideo Technologies, Inc. (NYSE:REZI) was a good investment heading into the second quarter and how the stock traded in comparison to the top hedge fund picks.
Resideo Technologies, Inc. (NYSE:REZI) has seen an increase in enthusiasm from smart money of late. REZI was in 25 hedge funds’ portfolios at the end of the first quarter of