There was a noticeable jump in hedge fund interest in Yahoo! Inc. (NASDAQ:YHOO) during the third quarter. The number of long hedge fund bets advanced by 15. Yahoo! Inc (NASDAQ:YHOO) was in 94 hedge funds’ portfolio at the end of September. There were 79 hedge funds in our database with YHOO holdings at the end of the previous quarter. Hedge funds were arguing that Yahoo shares were undervalued when they back out Yahoo’s stake in Alibaba. Well, Yahoo returned 22% since the end of the third quarter, vs. a 4.2% gain in S&P 500 ETF (SPY). Hedge funds were proven dead right. According to hedge…
Author: Ryan Wallace
In November we warned Facebook Inc (NASDAQ:FB) investors about a decrease in hedge fund sentiment. Facebook Inc (NASDAQ:FB) was in 104 hedge funds’ portfolio at the end of the third quarter of 2014. There were 106 hedge funds with FB positions at the end of the second quarter. Facebook actually lost 1.6% since the end of September, vs. a 4.2% gain in the S&P 500 ETF (SPY). Other hedge fund darlings such as Apple and Alibaba delivered double digit gains during the same period. Experts at Insider Monkey, a website specializing in hedge funds, have shown that, historically, those who follow the best picks…
Alibaba Group Holding Ltd (NYSE:BABA) was overwhelmingly the most popular new stock among hedge funds. There were 110 hedge funds that bought the stock during and after its IPO. This level of hedge fund interest was enough to make Alibaba Group Holding Ltd (NYSE:BABA) one of the 10 most popular stocks among hedge funds. The stock returned 16% since the end of the third quarter, vs. 4.2% return for the S&P 500 Index ETF (SPY). Hedge funds were proved right on betting nearly $8 billion on Alibaba. This isn’t a fluke, according to hedge fund tracking website Insider Monkey. Their research…
Actavis Inc (NYSE:ACT) was in 118 hedge funds’ portfolio at the end of the third quarter of 2014. It was one of the 10 most popular stocks among hedge funds, according to data compiled by hedge fund tracking site Insider Monkey. Actavis Plc (NYSE:ACT) has also experienced an increase in hedge fund interest during the third quarter. There were 113 hedge funds with ACT holdings at the end of the previous quarter. The stock returned 11.4% since the end of the third quarter, vs. a 4.2% gain for the S&P 500 ETF (SPY). The research by Insider Monkey revealed that hedge…
Apple Inc. (NASDAQ:AAPL) was the most popular stock among hedge funds at the end of September. The number of bullish hedge fund bets also inched up by 1 during the third quarter as well. AAPL was in 153 hedge funds’ portfolio at the end of September. Since then Apple Inc. (NASDAQ:AAP shares returned 11.7% whereas S&P 500 ETF (SPY) returned only 4.2%. Hedge funds’ bullish bets earned them a 7.5 percentage point outperformance. Considering that hedge funds had nearly $23 billion riding on AAPL, they generated an additional profit of $1.7 billion. According to most shareholders, hedge funds are perceived as slow,…
Is Oracle Corporation (NASDAQ:ORCL) a worthy investment right now? Money managers are getting less bullish. The number of long hedge fund positions decreased by 2 recently.ORCL was in 73 hedge funds’ portfolio at the end of the third quarter of 2014. According to Insider Monkey, there were 75 hedge funds with ORCL positions at the end of the previous quarter. Should you be concerned about this small decline? A study at Insider Monkey revealed that the most popular small-cap stocks in hedge funds’ portfolio beat the S&P 500 index by 18 percentage points a year for a decade in their back tests.…
QUALCOMM, Inc. (NASDAQ:QCOM) shareholders have witnessed a decrease in support from the world’s most elite money managers of late. QCOM was in 75 hedge funds’ portfolio at the end of the third quarter of 2014. There were 81 hedge funds in our database with QCOM holdings at the end of the previous quarter. Big guns like Leon Cooperman and Lee Ainslie sold out of their positions, whereas billionaire Rob Citrone and Matt Hulsizer initiated smaller positions in the technology giant. Should you be worried about these developments? According to most stock holders, hedge funds are assumed to be worthless, outdated…
Amazon.com, Inc. (NASDAQ:AMZN) investors should pay attention to a decrease in hedge fund sentiment in recent months. According to hedge fund tracking website Insider Monkey the number of hedge funds with bullish Amazon.com, Inc. (NASDAQ:AMZN) positions went down to 65 from 75. David Stemerman, Jason Capello, and Daniel Benton are some of the hedge fund managers who were bailing out of Amazon. In the eyes of most market participants, hedge funds are perceived as unimportant, outdated investment tools of the past. While there are greater than 8000 funds with their doors open at the moment, Experts at hedge fund tracking…
LinkedIn Corp (NYSE:LNKD) investors should pay attention to a decrease in activity from the world’s largest hedge funds of late. LNKD was in 45 hedge funds’ portfolio at the end of September. There were 50 hedge funds with LNKD positions at the end of the previous quarter. However, there are still a lot of respectable hedge fund managers like Philippe Laffont, Eric Bannasch, Christopher Lord, and Robert Pitts who are bullish about the stock. Should we pay attention to hedge fund activity in LinkedIn though? In the financial world there are a multitude of tools investors have at their disposal to assess…
AbbVie Inc (NYSE:ABBV) investors should be aware of an increase in activity from the world’s largest hedge funds of late. ABBV was in 81 hedge funds’ portfolio at the end of the third quarter of 2014. There were 61 hedge funds in our database with ABBV holdings at the end of the previous quarter. Respected fund managers such as Conan Laughlin, Zach Schreiber, and John Paulson initiated new positions in the stock recently. On the other hand, Adage Capital and Miura Global sold out of their holdings. Should we pay attention to hedge fund moves in the stocks that are…
Hertz Global Holdings, Inc. (NYSE:HTZ) investors should be aware of a sharp decrease in hedge fund interest of late. You probably already know about Icahn’s and Rosenstein’s increased bets on the stock. However, other hedge funds were entirely selling out their holdings recently. The number of hedge funds with bullish Hertz bets decreased by 21 during the third quarter. Should you pay attention to hedge fund moves in your stock investments? Today there are dozens of gauges shareholders put to use to assess publicly traded companies. Some of the most underrated gauges are hedge fund and insider trading sentiment. Experts…
Is Time Warner Cable Inc (NYSE:TWC) a great investment today? Investors who are in the know are becoming less confident. The number of bullish hedge fund bets were cut by 4 lately. TWC was in 84 hedge funds’ portfolio at the end of September. There were 88 hedge funds in our database with TWC holdings at the end of the previous quarter. However, it isn’t all bad news. Time Warner Cable Inc (NYSE:TWC) is still one of the most popular stocks among hedge funds and respected fund managers like Eric Mindich, Paul Singer, and James Dinan initiated brand new positions…