Is Farfetch Limited (FTCH) A Smart Long-Term Buy? RiverPark Funds, an investment management firm, published its “RiverPark Large Growth Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. The RiverPark Large Growth Fund (the “Fund”) returned 2.5% for the first quarter, while its benchmarks, the S&P 500 Total Return Index (“S&P”) advanced 6.2%, the Russell 1000 Growth Total Return Index (“RLG”) returned 0.9%. In contrast, the Russell 1000 Value Total Return Index returned 11.2%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. RiverPark Large Growth Fund, in their Q1 2021 investor letter, mentioned Farfetch Limited (NYSE: FTCH) and shared their insights on the company. Farfetch Limited is a British-Portuguese online luxury fashion retail platform that currently has a $16.2 billion market capitalization. Since the beginning of the year, FTCH delivered a -28.18% return, while its 12-month gains are decently up by 265.15%. As of April 20, 2021, the stock closed at $45.50 per share.