Should Msci Inc (NYSE:MSCI) investors track the following data?
Now, according to many of your fellow readers, hedge funds are perceived as delayed, old investment vehicles of a period lost to current times. Although there are over 8,000 hedge funds in operation currently, this site aim at the crème de la crème of this group, close to 525 funds. It is assumed that this group oversees the majority of all hedge funds’ total assets, and by tracking their highest quality equity investments, we’ve uncovered a number of investment strategies that have historically outpaced Mr. Market. Our small-cap hedge fund strategy beat the S&P 500 index by 18 percentage points per year for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have beaten the S&P 500 index by 33 percentage points in 11 months (explore the details and some picks here).
Just as necessary, bullish insider trading sentiment is another way to analyze the stock market universe. As the old adage goes: there are many incentives for an upper level exec to cut shares of his or her company, but just one, very clear reason why they would behave bullishly. Several academic studies have demonstrated the valuable potential of this method if “monkeys” know where to look (learn more here).
Now that that’s out of the way, we’re going to analyze the newest info surrounding Msci Inc (NYSE:MSCI).
How are hedge funds trading Msci Inc (NYSE:MSCI)?
At the end of the second quarter, a total of 16 of the hedge funds we track were long in this stock, a change of 60% from one quarter earlier. With hedge funds’ sentiment swirling, there exists a few notable hedge fund managers who were boosting their holdings considerably.
When using filings from the hedgies we track, Generation Investment Management, managed by David Blood and Al Gore, holds the largest position in Msci Inc (NYSE:MSCI). Generation Investment Management has a $301.7 million position in the stock, comprising 5.8% of its 13F portfolio. The second largest stake is held by ValueAct Capital, managed by Jeffrey Ubben, which held a $206.3 million position; the fund has 2.1% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include John C. Walker’s Stonerise Capital Management, D. E. Shaw’s D E Shaw and Israel Englander’s Millennium Management.
As industrywide interest increased, certain money managers were breaking ground themselves. Generation Investment Management, managed by David Blood and Al Gore, initiated the largest position in Msci Inc (NYSE:MSCI). Generation Investment Management had 301.7 million invested in the company at the end of the quarter. Jeffrey Ubben’s ValueAct Capital also initiated a $206.3 million position during the quarter. The other funds with brand new MSCI positions are John C. Walker’s Stonerise Capital Management, D. E. Shaw’s D E Shaw, and Israel Englander’s Millennium Management.
How have insiders been trading Msci Inc (NYSE:MSCI)?
Insider buying made by high-level executives is particularly usable when the company we’re looking at has seen transactions within the past half-year. Over the last six-month time period, Msci Inc (NYSE:MSCI) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).
We’ll go over the relationship between both of these indicators in other stocks similar to Msci Inc (NYSE:MSCI). These stocks are SolarWinds Inc (NYSE:SWI), CommVault Systems, Inc. (NASDAQ:CVLT), Fortinet Inc (NASDAQ:FTNT), Cadence Design Systems Inc (NASDAQ:CDNS), and Splunk Inc (NASDAQ:SPLK). This group of stocks are the members of the application software industry and their market caps are closest to MSCI’s market cap.
