The Weitz Funds, Hickory Fund (WEHIX)
The Weitz Funds, Hickory Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Omaha, NE, US. The stock last traded at $38.65, up 0.85% on the session, giving a market capitalisation of $153.8M. Its beta of 1.05 implies it has historically moved more than the broad market.
The fund operates with a disciplined investment philosophy, aiming to purchase equity in businesses ranging from outstanding to superior quality when the advisor determines their market price to be less than their intrinsic value. A significant portion of the fund's capital is primarily allocated to the common shares of mid-sized enterprises. Should there be uninvested cash and a lack of suitable securities meeting the fund's stringent criteria, it reserves the right to hold an unrestricted amount in highly secure, liquid assets, such as U.S. government-issued bonds or shares in government money market funds.
The Weitz Funds, Hickory Fund is most often compared with the following Financial Services names: