At Insider Monkey, we pore over the filings of more than 700 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this article, we will use that wealth of knowledge to determine whether or not Vicor Corp (NASDAQ:VICR) makes for a good investment right now.
Vicor Corp (NASDAQ:VICR) investors should pay attention to a decrease in enthusiasm from smart money in recent months. Vicor Corp (NASDAQ:VICR) was in 11 hedge funds’ portfolios at the end of the third quarter of 2015. There were 12 hedge funds in our database with Vicor Corp (NASDAQ:VICR) positions at the end of the previous quarter. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity, but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Blue Hills Bancorp Inc (NASDAQ:BHBK), Sangamo Biosciences, Inc. (NASDAQ:SGMO), and Donegal Group Inc (NASDAQ:DGICA) to gather more data points.
Follow Vicor Corp (NASDAQ:VICR)
Follow Vicor Corp (NASDAQ:VICR)
According to most investors, hedge funds are assumed to be slow, outdated investment vehicles of years past. While there are greater than 8000 funds with their doors open today, our experts choose to focus on the masters of this group, about 700 funds. These investment experts shepherd the lion’s share of all hedge funds’ total capital, and by shadowing their unrivaled equity investments, Insider Monkey has brought to light numerous investment strategies that have historically exceeded the broader indices. Insider Monkey’s small-cap hedge fund strategy defeated the S&P 500 index by 12 percentage points per year for a decade in their back tests.
Now, we’re going to view the new action regarding Vicor Corp (NASDAQ:VICR).
What have hedge funds been doing with Vicor Corp (NASDAQ:VICR)?
At the end of the third quarter, a total of 11 of the hedge funds tracked by Insider Monkey were bullish on this stock, a decline of 8% from one quarter earlier. With the smart money’s sentiment swirling, there exist a few key hedge fund managers who were upping their stakes substantially (or already accumulated large positions).
Of the funds tracked by Insider Monkey, Richard Mashaal’s Rima Senvest Management has the biggest position in Vicor Corp (NASDAQ:VICR), worth close to $6.2 million, corresponding to 0.4% of its total 13F portfolio. Coming in second is Manatuck Hill Partners, led by Mark Broach, holding a $2 million position; the fund has 0.9% of its 13F portfolio invested in the stock. Some other professional money managers that hold long positions contain Renaissance Technologies, Mario Gabelli’s GAMCO Investors and Adam Usdan’s Trellus Management Company.