Polen Capital, an funding administration firm, launched its “Polen U.S. Small Company Growth Strategy” fourth-quarter investor letter. A replica of the identical will be downloaded right here. In the fourth quarter, the fund delivered 3.46% web of charges in comparison with a 4.13% return for the Russell 2000 Growth Index. Style issue headwinds and relative sector positioning offset the constructive inventory choice within the quarter. In addition, please test the fund’s prime 5 holdings to know its greatest picks in 2022.Polen Capital highlighted shares like Olaplex Holdings, Inc. (NASDAQ:OLPX) within the fourth quarter 2022 investor letter. Headquartered in Santa Barbara, California, Olaplex Holdings, Inc. (NASDAQ:OLPX) is a haircare merchandise producer. On January 24, 2023, Olaplex Holdings, Inc. (NASDAQ:OLPX) inventory closed at $5.88 per share. One-month return of Olaplex Holdings, Inc. (NASDAQ:OLPX) was 21.99%, and its shares misplaced 71.37% of their worth during the last 52 weeks. Olaplex Holdings, Inc. (NASDAQ:OLPX) has a market capitalization of $3.817 billion.Polen Capital made the next remark about Olaplex Holdings, Inc. (NASDAQ:OLPX) in its This fall 2022 investor letter:“Olaplex Holdings, Inc. (NASDAQ:OLPX) is a chief within the skilled, luxurious hair care and wonder merchandise enterprise. The firm is a pioneer in science-based haircare, which continues to be in its early days in comparison with different elements of the luxurious magnificence market, like skincare. The firm has constructed a dominant model, delivering sturdy gross sales development by leveraging salon relationships, phrase of mouth, and social media. We consider the enterprise has a lengthy runway of development forward pushed by increasing distribution networks, deeper penetration amongst present purchasers, and introducing new merchandise. Olaplex can be a uncommon discover amongst 2021 IPOs with robust earnings, excessive free money movement, spectacular returns on capital, an skilled administration workforce, and a lengthy historical past as a non-public firm and model.”Story continuesSubbotina Anna/Shutterstock.comOlaplex Holdings, Inc. (NASDAQ:OLPX) will not be on our listing of 30 Most Popular Stocks Among Hedge Funds. As per our database, 18 hedge fund portfolios held Olaplex Holdings, Inc. (NASDAQ:OLPX) on the finish of the third quarter, which was 18 within the earlier quarter.We mentioned Olaplex Holdings, Inc. (NASDAQ:OLPX) in one other article and shared the listing of hair care shares to purchase. In addition, please try our hedge fund investor letters This fall 2022 web page for extra investor letters from hedge funds and different main buyers. Suggested Articles:Disclosure: None. This article is initially printed at Insider Monkey.
https://information.google.com/__i/rss/rd/articles/CBMiUGh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9iZWxpZXZlLW9sYXBsZXgtaG9sZGluZ3Mtb2xweC1sb25nLTEyMTIzODk2OS5odG1s0gFYaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9hbXBodG1sL25ld3MvYmVsaWV2ZS1vbGFwbGV4LWhvbGRpbmdzLW9scHgtbG9uZy0xMjEyMzg5NjkuaHRtbA?oc=5
