Automatic Data Processing Inc. (ADP) stocks rose over the past two years, though it underperformed the S&P 500. By mid-June 2021, ADP rose by approximately 15.8% compared to the S&P’s gain of about 30.7%. Though hedge funds were selling, the company was added to the WhaleWisdom WhaleIndex 100 on May 19, 2021.
Alibaba Group Holding Ltd. ADR (BABA) has seen volatility in its stock over the past year and ultimately has underperformed the S&P 500. Alibaba rose just 0.5% as of June 11, 2021, compared to the S&P’s gain of approximately 31.2% since 2020 started. Despite the stock’s struggles, Alibaba rose on the WhaleWisdom Heatmap, achieving a ranking of 24, a nice upward boost from its previous rank of 45.
Snowflake, Inc. (SNOW) has experienced fluctuations in its value over the past eight months, despite overall solid earnings and a rebound in the past few weeks. The company has underperformed the S&P 500, declining approximately 6.1% compared to the S&P’s gain of about 23.9%. Despite a dip in performance, hedge funds and institutions were actively buying the stock in the first quarter.
Roku Inc (ROKU) saw substantial growth over the past six months. The digital media and streaming pioneer recently slid on the WhaleWisdom Heatmap but saw hedge funds buying. Overall, Roku outperformed the S&P 500, rising by approximately 146.9% compared to the S&P’s gain of about 28.6% since the beginning of 2020.
Intuitive Surgical Inc (ISRG)experienced strong growth over the past year, outperforming the S&P 500 and rising by approximately 39.6% compared to the S&P’s gain of about 28.6%. Hedge funds were actively buying the stock in the first quarter, and it reached a ranking of three on the WhaleWisdom Heat Map.