Clark Street Value on DigitalBridge (DBRG): I’m Content to Just to Go Along for the Ride”

·2 min read

Clark Street Value, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. An annual portfolio return of 74.99% was recorded by the fund for the year 2021, versus 28.71% for the S&P 500, and an IRR since the inception of 29.12%. over the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Clark Street Value, in its Q4 2021 investor letter, mentioned DigitalBridge Group, Inc. (NYSE: DBRG) and discussed its stance on the firm. DigitalBridge Group, Inc. is a Boca Raton, Florida-based private equity company with a $4.5 billion market capitalization. DBRG delivered a -4.32% return since the beginning of the year, while its 12-month returns are up by 61.99%. The stock closed at $7.97 per share on January 13, 2022.

Here is what Clark Street Value has to say about DigitalBridge Group, Inc. in its Q4 2021 investor letter:

"With DigitalBridge (DBRG), there's continued M&A in the digital infrastructure space and its seems like CEO Marc Ganzi can raise unlimited amounts of money at this point, so I'm content to just to go along for the ride."

Research, Investment, Finance
Research, Investment, Finance

Research, Investment, Finance

Our calculations show that DigitalBridge Group, Inc. (NYSE: DBRG) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. DBRG was in 31 hedge fund portfolios at the end of the third quarter of 2021, compared to 29 funds in the previous quarter. DigitalBridge Group, Inc. (NYSE: DBRG) delivered a 16.35% return in the past 3 months.

You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

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

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