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Here is What Hedge Funds Think About Xinyuan Real Estate Co., Ltd. (XIN)

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Many prominent investors, including Warren Buffett, David Tepper, and Stan Druckermiller, were cautious about the current bull market and missed it when the stock market hit another high in the past few weeks. Tech hedge funds, on the other hand, weren’t shy, posting double-digit market gains. Financial, energy and industrials were the hardest hit at first, but many of these stocks have delivered strong returns since November, and hedge funds have even added to their positions in these stocks. In this article, learn how hedge fund sentiment is changing towards Xinyuan Real Estate Co., Ltd. (NYSE: XIN) has changed lately.

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) Stocks didn’t move much in the second quarter. Overall, hedge fund sentiment remained unchanged. The stock was in the portfolios of 4 hedge funds at the end of the first quarter of 2021. Our calculations also showed that XIN is not in the top 30 most popular hedge fund stocks (click for Q1 ranking). At the end of this article, we’ll also be comparing XIN to other stocks, including Evans Bancorp Inc. (NYSE: EVBN), Select Interior Concepts, Inc. (NASDAQ: SIC), and Gold Royalty Corp. (NYSE: GROY) to get a better feel for its popularity.

The reputation of hedge funds as savvy investors has been tarnished over the past decade as their hedged returns have not kept up with the unsecured returns of market indices. Our research has shown that hedge fund small-cap stock selection beat the market by double digits annually between 1999 and 2016, but the outperformance margin has been decreasing in recent years. Nevertheless, we were able to identify a selected group of hedge fund holdings in advance that exceeded the S&P 500 ETFs by 115 percentage points since March 2017 (details see here). We were also able to pre-identify a select group of hedge fund holdings that lagged the market by 10 percentage points annually between 2006 and 2017. Interestingly, the underperformance margin of these stocks has increased in recent years. Investors who take long positions in the market and short these stocks would have earned more than 27% annual return between 2015 and 2017. We’ve been tracking and sharing the list of these stocks since February 2017 in our quarterly newsletter.

The story goes on

John Overdeck from Two Sigma

John Overdeck of Two Sigma Advisors

At Insider Monkey, we search multiple sources to discover the next great investment idea. For example, an activist hedge fund wants to buy that $ 27 biotech stock for $ 50. We have therefore recommended a long position to our subscribers to the monthly premium newsletter. We go over lists like the top 10 battery stocks to pick the next Tesla to deliver 10x the return. While we recommend positions in just a tiny fraction of the companies we analyze, we review as many stocks as possible. We read letters from hedge fund investors and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Now we will review the recent hedge fund promotions around Xinyuan Real Estate Co., Ltd. (NYSE: XIN).

Do hedge funds think XIN is a good stock to buy now?

At the end of the first quarter, a total of 4 of the hedge funds recorded by Insider Monkey were long on this stock, which corresponds to a change of 0% compared to the previous quarter. On the other hand, a year ago there were a total of 6 hedge funds with a bullish position in XIN. Given the volatile sentiment of hedge funds, there is a select group of notable hedge fund managers who have significantly added to their holdings (or have already taken large positions).

Is XIN a Good Stock to Buy?

Is XIN a Good Stock to Buy?

In terms of institutional investors, followed by Insider Monkey, Renaissance Technologies holds the largest position in Xinyuan Real Estate Co., Ltd. (NYSE: XIN). Renaissance Technologies has a $ 0.4 million position in the stock, which is less than 0.1% of the 13F portfolio. In second place is Citadel Investment Group, managed by Ken Griffin, with a position of $ 0.2 million; less than 0.1% of the 13F portfolio is allocated to the company. Other long competitors include John Overdeck and David Siegel’s Two Sigma Advisors, Israel Englanders Millennium Management, and Ken Griffin’s Citadel Investment Group. For the portfolio weights assigned to each position, Xinyuan Real Estate Co., Ltd. (NYSE: XIN) has the largest weighting, approximately 0.0005% of its 13F portfolio. 0 is also relatively very bullish on the stock, denoting 0.0004 percent of its 13F stock portfolio for XIN.

We consider hedge fund activity in the stock to be unfavorable, but in this case there was only one hedge fund that sold its entire position: 999. A hedge fund that sold its entire position does not always imply bearish intent. In theory, a hedge fund can decide to sell a promising position and invest the proceeds in a more promising idea. However, we do not believe it will in this case as only one of the 800+ hedge funds tracked by Insider Monkey was identified as a viable investment and a position initiated in the stock (that fund was the Citadel Investment Group).

Let’s look at hedge fund activity in other stocks – not necessarily in the same industry as Xinyuan Real Estate Co., Ltd. (NYSE: XIN), but rated similarly. Those stocks are Evans Bancorp Inc. (NYSE: EVBN), Select Interior Concepts, Inc. (NASDAQ: SIC), Gold Royalty Corp. (NYSE: GROY), Gold Standard Ventures Corp (NYSE: GSV), RigNet Inc (NASDAQ: RNET), Velocity Financial, Inc. (NYSE: VEL), and scPharmaceuticals Inc. (NASDAQ: SCPH). The market capitalization of this group of stocks is similar to the market capitalization of XIN.

[table] Ticker, number of HRs with positions, total value of the HR positions (x1000), change in the HR position EVBN, 3.1082, -1 SIC, 12.18500, -4 GROY, 2.3186.2 GSV, 4.23065, -4 RNET, 11.34970.4 VEL , 5.34132, -2 SCPH, 8.68427, -1 average, 6.4.26195, -0.9 [/table]

View the table here if you have formatting problems.

As you can see, these stocks averaged 6.4 hedge funds with bullish positions and the average amount invested in these stocks was $ 26 million. In the case of XIN, that number was $ 1 million. Select Interior Concepts, Inc. (NASDAQ: SIC) is the most popular stock on this table. On the other hand, Gold Royalty Corp. Least popular (NYSE: GROY) with only 2 bullish hedge fund positions. Xinyuan Real Estate Co., Ltd. (NYSE: XIN) isn’t the least popular stock in this group, but interest in hedge funds is still below average. Our hedge fund sentiment score for XIN is 30. Stocks with a higher number of hedge fund positions compared to other stocks and relative to their historical range receive a higher sentiment score. Our calculations showed that the top 5 most popular hedge fund stocks returned 95.8% in 2019 and 2020, outperforming the S&P 500 ETF (SPY) by 40 percentage points. Those stocks were up 17.2% through June 11, 2021, still outperforming the market by 3.3 percentage points. A small number of hedge funds were also right to bet on XIN as the stock returned 28.8% since the end of the first quarter (through 6/11) and outperformed the market even more.

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Disclosure: None. This article was originally published on Insider Monkey.

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Forget about asking price for CNY real estate. Plus, National Guard deployed to help nursing homes (Good Morning CNY for Dec. 3)

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High: 36; Low: 28. Partly sunny, cool. Check out the 5 day forecast.

picture of the Day

“We had a thousand balls here,” says Mark Koester of the past 14 years at his home at 2119 Conley Road near Chittenango. Climb down the steps, jump off the diving board, or slide down the slide into the heated swimming pool.Courtesy of Simply Heidi Photography

HOUSE OF THE WEEK: This Chittenango house, built in 2003, was designed for families. It sits on 6.45 acres and checks in on 6,406 square feet and has plenty of room to play. And if you think the pool is beautiful, just take a look inside.

What’s hot

Are you looking for a house in CNY? Forget the asking price: the real estate market in central New York has been on fire for much of the year, and a great indicator of the heat is how close sellers are getting to their asking prices. For months they have not only grown closer. You got more.

New York State is using the National Guard to support low-staffed nursing homes: Nursing homes, such as hospitals and other health facilities, are grappling with a severe shortage of nurses and other health workers. To cope with this, the New York National Guard is sending 120 of its medical staff to low-demand nursing homes across the state, including Loretto in Syracuse.

  • The nursing home in Syracuse will reopen the Covid unit to ease the hospital shutdown

While New York licensing lags, Indian nations are increasing marijuana sales: It’s been eight months since New York state legalized the possession and use of adult marijuana. Yet the state has still not enacted regulations or issued licenses to sell, which is delaying the opening of retail stores. Several Native American nations in New York have filled the void, citing sovereign nation status.

Future uncertain for planned Microsoft tech hub in Syracuse: In 2019, the software giant Microsoft announced plans to build a “Smart Cities technology hub” in Syracuse and signed a three-year agreement with the city, Onondaga County and Syracuse University . Two years after signing the contract, City Councilor Michael Greene says that Microsoft “did not have the decency to give us a clear answer where they stand” with the project.

looking ahead

Are you ready for a challenge? Don’t you go after waterfalls? We say chase away in upstate New York with a new challenge that brings people to some of the 150 breathtaking cascades that Ithaca has to offer. The Waterfalls Challenge, launched by Visit Ithaca, lists 22 known and hidden gems in the area.

Sports

Runners run on a track during a meeting

The Jack Morse Kickoff Meet will take place on Thursday in the SRC Arena of the Onondaga Community College.Marilu Lopez-Fretts | Contributing photographer

WESTHILL, BALDWINSVILLE TEAMS WIN AT JACK MORSE RELAYS: Athletes from Section III schools participated in the second day of the Jack Morse Relays at the SRC Arena on the Onondaga Community College Campus on Thursday. The Westhill girls ‘and Baldwinsville boys’ teams were victorious. See the results and more than 70 photos from the event. (See results and photos from Wednesday here) (Marilu Lopez-Frett’s photo)

Old Rival Back on the Syracuse Lacrosse Scheme: One of Syracuse men’s lacrosse’s fiercest rivals is back on its way, and a new Orange coach is set to make some serious flashbacks.

How did the SU women beat a top 20 team after 3 losses in the Bahamas? The Syracuse women’s basketball team had a rough time in the Bahamas last week, trailing in all three games in Battle 4 Atlantis. The team took some of their frustration with a win over Colgate on Sunday, but the Orange needed more. The opportunity came with Ohio State No. 18 in town for the Big Ten / ACC Challenge, and SU took the opportunity.

FURTHER SPORT NEWS:

In the letter

A Syracuse man requests a plea for the murder of a 15-year-old boy in Creekwalk. DA drops large numbers

Byrne Dairy & Deli are closing down a shop that has been in operation for nearly 50 years

Watch an exclusive courtroom video in which Anthony Broadwater was acquitted of Alice Sebold’s rape 40 years later

CNY Wishlist: Would you like to help? Here’s a wishlist from local nonprofits

Rome woman killed in head-on collision, 2 more hospitalized, soldiers say

A rainy summer in Syracuse revealed a growing problem: black mold

Man dies after striking a power pole during a medical emergency in Syracuse, police say

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My holiday wish list for commercial real estate – Daily News

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With Thanksgiving lately, Hanukkah in full swing, and Christmas in less than 30 days … it’s time for some Christmas cheer!

Countless children around the world – including our five grandchildren – are putting together their lists. So I thought it would be fun to draw my five hopes for the 2022 commercial real estate market – aka my gift list for the coming year.

So without further ado, here it goes.

A more balanced market. Industrial real estate – buildings where people make, store, and ship things – have fallen by the wayside for the past six years. Currently, fewer than 1 in 100 buildings have no residents!

We find an acute imbalance when there is a demand that exceeds supply, the lack of new buildings, changes in consumer shopping habits and an excessive appetite for things. As a result, the prices of listings have skyrocketed and many people are wondering if rents are sustainable.

So I would like a little more common sense.

Vanishing office insecurity. II have said many times that transactions take place when activity increases or decreases. But uncertainty is a killer for a company that relies on movement.

There have been some big Amazon office deals in the market – like the purchase of the former Orange County Register Printing Office in Santa Ana and the Bank of America campus in Brea. For both, however, a change of use is pending. The former suites of executives, middle management and office workers will be eliminated and replaced by countless blue delivery vans.

The pandemic changed the office paradigm. Companies countered with “hybrid” approaches that required smaller floor space, virtual workstations and less collaborative layouts.

I would like some long-term leases for large office buildings here.

Solution to the port problem. Talk about a perfect storm that’s like an anaconda eating a Thanksgiving meal or six: the accumulation of ecommerce containers slowly moving through the supply chain.

Many people are much better informed than me about the causes. All points in the supply chain are simply squashed – which leads to massive delays, bottlenecks and escalating price tags. Certainly some reduction in regulation would help. A little more storage space could help too. Are you asking America to stop shopping for a while?

I would like a stable flow of goods until July 4th.

Interest rates still low. Rising interest rates could be the best thing for us – like tearing off a bandage. But wow! How incredibly painful for an economy that depends on cheap money.

Our 10-year Treasuries rate – the benchmark for commercial real estate lending – has been hovering in the low 1% range for a number of years. Great for borrowers but terrible for savers. As our population ages and more of us have steady incomes, an increase in returns would be welcome. Don’t forget, however, that $ 1.2 trillion in stimulus goodies is to be paid back. Rising interest rates would make amortization more expensive.

All in all, I would like more of it.

A more diverse industry. Commercial real estate brokerage has been dominated by men in the past. However, two fall conferences that we attended showed a change.

I was thrilled to see over 40% women and minorities at the Commercial Real Estate Influencers Summit and the Society of Industrial and Office Realtors Global Event.

It is my wish that the face of commercial real estate reflects our world.

Allen C. Buchanan, SIOR, is a Principal at Lee & Associates Commercial Real Estate Services, Orange. He can be reached at abuchanan@lee-associates.com or 714.564.7104.

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Dec 2 Financial News: Cathie Wood, San Francisco In Trouble, Real Estate Market, Gov Shutdown, | SF News – Oakland News Now

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Oakland news now –

December 2 Financial News: Cathie Wood, San Francisco in Trouble, Real Estate Market, Government Shutdown,

– YouTube channel video with the logo in the top left corner of the video. OaklandNewsNow.com is the original blog post for this type of video blog content.

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