When looking over billionaire Steven Cohen’s recent 13F filing with the SEC, we found five stocks that he and SAC Capital sold out of during 3Q.
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December 11 - Hedge Funds
Studies show that on average stocks bought by company insiders tend to beat the market (read more about studies on insider trading).
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December 10 - Insider Trading
Daniel Florness, the CFO of Fastenal Company (NASDAQ:FAST), purchased just over 2,600 shares of the company’s stock on December 5th at a average price of $41.50, according to...
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December 10 - Insider Trading
Jim Cramer is well known as a financial commentator on CNBC, but another way to see which stocks the former hedge fund manager likes is to review which stocks are owned by his...
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December 6 - Hedge Funds
Hewlett-Packard Company (NYSE:HPQ)’s COO, Bill Veghte, transferred 58,500 of his directly held shares of the company’s stock to an annuity trust which then purchased about...
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December 6 - Stock Analysis
We believe that insiders have the greatest insight into the fundamental health of a company, and so we follow closely insider transactions.
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December 6 - Insider Trading
Freeport-McMoRan Copper & Gold Inc.
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December 5 - Stock Analysis
We like to track hedge fund filings because even though hedge fund managers are buying so many stocks that an investor can’t copy them in every case, the views of these investors...
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December 4 - Hedge Funds
A Form 4 filed with the SEC shows that David Roberson, a former Hewlett-Packard Company (NYSE:HPQ) executive who sits on the Board of Directors of International Game Technology...
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December 4 - Insider Trading
SAC Capital Advisors isn’t going to let the current speculation and investigation into insider trading by past employees of the fund interfere with its investing activities.
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December 3 - Hedge Funds
Anadarko Petroleum Corporation (NYSE:APC) was one of the most popular energy stocks among hedge funds during the third quarter of 2012 (see the full rankings).
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December 3 - Stock Analysis
Hedge funds Kleinheinz Capital Partners Inc., and Corriente Advisors have respectively sent letters to their investors to inform them of their decision to close shop and return...
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December 3 - Hedge Funds
Omega Advisors was founded by Leon Cooperman- who had formerly headed Goldman Sachs Asset Management- in 1991.
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November 29 - Hedge Funds
Renowned hedge fund manager Ray Dalio added more ETFs to his portfolio in the third quarter as his fund extends exposure to the emerging markets.
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November 29 - Hedge Funds
Last week, we discussed the federal government's allegations of illegal insider trading against Mathew Martoma, a former hedge fund manager employed by CR Intrinsic Investors (...
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November 27 - Hedge Funds
We think that one of the best ways to narrow down the wealth of opinions that Jim Cramer provides on CNBC is to focus on the stocks owned by his charitable trust.
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November 27 - Hedge Funds
Hedge funds spend lots of money hiring bright people to do exhaustive research on a broad universe of stocks- not just the megacaps that dominate financial journalism.
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November 26 - Hedge Funds
There weren’t any energy stocks in our rankings of the most popular stocks among hedge funds for the third quarter of 2012, but that didn’t mean that top investors were sour...
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November 26 - Hedge Funds
According to a filing with the SEC, Henry Davis, a Board member at Kansas City Southern (NYSE:KSU) bought 67,300 shares of the company’s stock on November 16th at an average...
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November 23 - Insider Trading
Maybe Dmitry Balyasny’s Balyasny Asset Management expects Santa to have a long naughty list this year, but more likely it expects steel producers like United States Steel Corporation...
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November 23 - Hedge Funds
According to a filing with the SEC, Steve Cohen’s SAC Capital Advisors had acquired a total of 2.7 million shares of The Medicines Company (NASDAQ:MDCO) giving it 5.0% of the...
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November 19 - Hedge Funds
Hedge-fund titan Steven Cohen is casting a shadow over the government’s last outstanding insider-trading trial.
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November 19 - Hedge Funds
With a net worth of $8.8 billion, Steven Cohen is one of the wealthiest hedge fund managers in the world, and his hedge fund SAC Capital Advisors manages over $14 billion in assets...
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November 17 - Hedge Funds
In the financial world, individual investors must often wonder how "big shot" hedge fund managers like Ken Griffin and Steven Cohen are able to consistently generate solid returns...
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November 9 - Hedge Funds
Groupon Inc (NASDAQ:GRPN) missed earnings again in its report for the third quarter.
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November 8 - Stock Analysis
When hedge funds or other notable investors take a large long position in a stock (or then change that position) it must be reported relatively quickly to the SEC.
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November 1 - Hedge Funds
According to a filing with the SEC, SAC Capital Advisors and its related funds owned a total of 1.9 million shares of Goodrich Petroleum Corporation (NYSE:GDP) as of late October...
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November 1 - Hedge Funds
Every month new data comes out regarding which stocks have the highest short interest as a percentage of the float.
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October 31 - Stock Analysis
Amazon.com, Inc. (NASDAQ:AMZN) released its third quarter results after the market close on October 25th and the results should have been disappointing.
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October 26 - Stock Analysis
Normally, hedge fund long positions are disclosed in 13F filings which come about six weeks after the end of the quarter.
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October 26 - Hedge Funds
Morgan Stanley analysts have recently been making the case that CBS Corporation (NYSE:CBS) is undervalued, setting a price target of $40 per share.
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October 25 - Stock Analysis
We like to track hedge fund activity and use the stocks that funds and other notable investors are buying as a screen for potential stock picks.
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October 19 - Hedge Funds
In September, Plains Exploration & Production Company (NYSE:PXP) announced a significant transition in the company’s strategy.
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October 18 - Hedge Funds
One critical argument in David Einhorn’s short recommendation of Chipotle Mexican Grill, Inc.
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October 18 - Stock Analysis
Transocean LTD (NYSE:RIG) had actually recovered nearly all of its losses from the Deepwater Horizon disaster in early 2011, but has since slumped.
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October 10 - Stock Analysis
Caterpillar Inc (NYSE:CAT) has been a shoddy stock to hold since the start of 2012, returning -5.7%.
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October 8 - Stock Analysis
We believe that a continued rapid consumption of network capacity, driven by a rising use of tablets and smartphones, will propel companies operating in the cloud computing and...
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October 8 - Hedge Funds
Thoughts of 1999 bring back memories of the dot-com bubble, where valuations were astronomical and stock prices of Internet and technology companies eventually came crashing back...
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October 5 - Stock Analysis
3M Co (NYSE:MMM) isn’t flashy, but the $66 billion market cap conglomerate has been getting steady growth in earnings per share this year.
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October 5 - Stock Analysis
At the end of June, SAC Capital and Sigma Capital Management, an SAC subsidiary, took new positions in Annies Inc (NYSE:BNNY) that equaled almost 4% of the Annies outstanding ...
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October 5 - Hedge Funds
SAC Capital Advisors, which is managed by billionaire Steve Cohen, has filed a 13G with the SEC to declare that, as of October 2nd, its family of funds owned a total of 7.9 million...
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October 4 - Hedge Funds
Apple is not only the most profitable company in the world, but it also now owns the world’s largest hedge fund as well.
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October 2 - Hedge Funds
Anand Parekh, Chicago hedge fund manager, founded Alyeska Investment Group in 2008. Alyeska follows a market neutral strategy that takes both long and short positions.
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September 28 - Hedge Funds
Hedge funds that take a large percentage stake in public companies, or then change the size of their stake in the future (including by selling shares) file 13D or 13G documents...
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September 27 - Hedge Funds
Knight Capital Group Inc. (NYSE:KCG) called Royce & Associates a 10.6% shareholder at the end of June. The stake was around 10.4 million shares.
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September 26 - Stock Analysis
In a 13G filing this week, SAC Capital announced a 5% ownership stake in Magellan Health Services Inc (NASDAQ:MGLN) of 1,380,530 shares.
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September 26 - Stock Analysis
Oops, they did it again! Yet another trader with ties to hedge-fund titan Steven Cohen has gotten caught up in Manhattan US Attorney Preet Bharara’s widespread insider-trading...
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September 26 - Hedge Funds
The financial markets have been thrown into a tizzy after Caterpillar Inc.
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September 25 - Stock Analysis
In a 13G filing last week, SAC Capital announced it had increased its stake in Bill Barrett Corporation (NYSE:BBG) to 2,659,491 shares, a 5.5% ownership in the company.
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September 24 - Hedge Funds
Best Buy Co., Inc. (NYSE:BBY) is the leading retailer of consumer electronics.
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September 17 - Hedge Funds