Apartment Investment and Management Co. (AIV): Insiders Are Dumping, Should You?: Essex Property Trust Inc (ESS), BRE Properties Inc (BRE)

Apartment Investment and Management Co. (NYSE:AIV) was in 12 hedge funds’ portfolio at the end of December. AIV investors should be aware of a decrease in activity from the world’s largest hedge funds in recent months. There were 14 hedge funds in our database with AIV holdings at the end of the previous quarter.

Apartment Investment and Management Co. (NYSE:AIV)In the financial world, there are dozens of methods shareholders can use to monitor Mr. Market. Some of the most under-the-radar are hedge fund and insider trading movement. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the best fund managers can beat the S&P 500 by a solid amount (see just how much).

Equally as integral, optimistic insider trading activity is a second way to break down the stock market universe. Just as you’d expect, there are plenty of incentives for an upper level exec to downsize shares of his or her company, but just one, very simple reason why they would initiate a purchase. Several academic studies have demonstrated the impressive potential of this tactic if you understand what to do (learn more here).

Consequently, we’re going to take a gander at the recent action encompassing Apartment Investment and Management Co. (NYSE:AIV).

What does the smart money think about Apartment Investment and Management Co. (NYSE:AIV)?

Heading into 2013, a total of 12 of the hedge funds we track were bullish in this stock, a change of -14% from the previous quarter. With the smart money’s sentiment swirling, there exists an “upper tier” of notable hedge fund managers who were upping their holdings meaningfully.

When looking at the hedgies we track, Ken Griffin’s Citadel Investment Group had the most valuable position in Apartment Investment and Management Co. (NYSE:AIV), worth close to $35 million, comprising 0.1% of its total 13F portfolio. The second largest stake is held by Carlson Capital, managed by Clint Carlson, which held a $17 million position; 0.3% of its 13F portfolio is allocated to the company. Other hedgies that are bullish include John Overdeck and David Siegel’s Two Sigma Advisors, Jim Simons’s Renaissance Technologies and Israel Englander’s Millennium Management.

Due to the fact that Apartment Investment and Management Co. (NYSE:AIV) has experienced declining sentiment from the entirety of the hedge funds we track, it’s safe to say that there is a sect of money managers who were dropping their positions entirely last quarter. At the top of the heap, Ken Heebner’s Capital Growth Management dropped the largest investment of the 450+ funds we watch, totaling about $19 million in stock.. Sander Gerber’s fund, Hudson Bay Capital Management, also sold off its call options., about $0 million worth. These transactions are interesting, as aggregate hedge fund interest dropped by 2 funds last quarter.

How are insiders trading Apartment Investment and Management Co. (NYSE:AIV)?

Insider trading activity, especially when it’s bullish, is at its handiest when the company in focus has seen transactions within the past six months. Over the last half-year time frame, Apartment Investment and Management Co. (NYSE:AIV) has experienced zero unique insiders purchasing, and 5 insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to Apartment Investment and Management Co. (NYSE:AIV). These stocks are Essex Property Trust Inc (NYSE:ESS), BRE Properties Inc (NYSE:BRE), Senior Housing Properties Trust (NYSE:SNH), American Campus Communities, Inc. (NYSE:ACC), and Two Harbors Investment Corp (NYSE:TWO). This group of stocks are in the reit – residential industry and their market caps match AIV’s market cap.

Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Essex Property Trust Inc (NYSE:ESS) 11 0 1
BRE Properties Inc (NYSE:BRE) 12 1 0
Senior Housing Properties Trust (NYSE:SNH) 8 0 0
American Campus Communities, Inc. (NYSE:ACC) 12 1 1
Two Harbors Investment Corp (NYSE:TWO) 18 6 0

With the returns shown by Insider Monkey’s studies, retail investors must always monitor hedge fund and insider trading sentiment, and Apartment Investment and Management Co. (NYSE:AIV) is an important part of this process.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 37% between September 2012 and March 2013 versus 12.9% for the S&P 500 index. Try it now by clicking the link above.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!