Argosy Investors, an investment management firm, published its second quarter 2021 investor letter – a copy of which can be downloaded here. A portfolio return of 16.5% was recorded by the fund for the second half of 2021, while the S&P 500 by comparison returned 15.3%. You can view the fund’s top 5 holdings to have an idea about their top bets for 2021.
In the Q2 2021 investor letter of Argosy Investors, the fund mentioned Cboe Global Markets, Inc. (NASDAQ: CBOE), and discussed its stance on the firm. Cboe Global Markets, Inc. is a Chicago, Illinois-based stock exchange operator, that currently has a $13.1 billion market capitalization. CBOE delivered a 31.73% return since the beginning of the year, extending its 12-month returns to 43.33%. The stock closed at $120.68 per share on August 02, 2021.
Here is what Argosy Investors has to say about Cboe Global Markets, Inc. in its Q2 2021 investor letter:
“I sold CBOE during the…