Atlas Resource Partners, L.P. (ARP): Insiders Aren’t Crazy About It But Hedge Funds Love It

Page 1 of 2

In the eyes of many of your peers, hedge funds are viewed as overrated, old investment tools of a forgotten age. Although there are over 8,000 hedge funds with their doors open currently, Insider Monkey aim at the top tier of this club, close to 525 funds. It is widely held that this group has its hands on most of the smart money’s total capital, and by monitoring their highest quality equity investments, we’ve identified a few investment strategies that have historically outperformed the broader indices. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points per annum 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 outclassed the S&P 500 index by 33 percentage points in 11 months (explore the details and some picks here).

Atlas Resource Partners, L.P. (NYSE:ARP)

Equally as useful, bullish insider trading sentiment is another way to analyze the marketplace. Obviously, there are a number of motivations for a bullish insider to drop shares of his or her company, but just one, very simple reason why they would buy. Several academic studies have demonstrated the impressive potential of this method if investors understand what to do (learn more here).

Keeping this in mind, it’s important to examine the recent info about Atlas Resource Partners, L.P. (NYSE:ARP).

What does the smart money think about Atlas Resource Partners, L.P. (NYSE:ARP)?

At Q2′s end, a total of 12 of the hedge funds we track held long positions in this stock, a change of 9% from one quarter earlier. With hedgies’ sentiment swirling, there exists a few notable hedge fund managers who were upping their stakes meaningfully.

According to our 13F database, Omega Advisors, managed by Leon Cooperman, holds the biggest position in Atlas Resource Partners, L.P. (NYSE:ARP). Omega Advisors has a $91.6 million position in the stock, comprising 1.4% of its 13F portfolio. The second largest stake is held by Senator Investment Group, managed by Doug Silverman and Alexander Klabin, which held a $23.1 million position; the fund has 0.4% of its 13F portfolio invested in the stock. Some other hedgies that are bullish include Wayne Cooperman’s Cobalt Capital Management, Remy Trafelet’s Trafelet Capital and Alec Litowitz and Ross Laser’s Magnetar Capital.

As industrywide interest increased, particular hedge funds have jumped into Atlas Resource Partners, L.P. (NYSE:ARP) headfirst. Omega Advisors, managed by Leon Cooperman, created the most valuable position in Atlas Resource Partners, L.P. (NYSE:ARP). Omega Advisors had 91.6 million invested in the company at the end of the quarter. Leon Cooperman’s Omega Advisors also made a $91.6 million investment in the stock during the quarter. The following funds were also among the new ARP investors: Doug Silverman and Alexander Klabin’s Senator Investment Group, Wayne Cooperman’s Cobalt Capital Management, and Remy Trafelet’s Trafelet Capital.

How are insiders trading Atlas Resource Partners, L.P. (NYSE:ARP)?

Legal insider trading, particularly when it’s bullish, is at its handiest when the primary stock in question has experienced transactions within the past six months. Over the latest six-month time period, Atlas Resource Partners, L.P. (NYSE:ARP) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).

We’ll also examine the relationship between both of these indicators in other stocks similar to Atlas Resource Partners, L.P. (NYSE:ARP). These stocks are Heartland Payment Systems, Inc. (NYSE:HPY), ABM Industries, Inc. (NYSE:ABM), NetSpend Holdings Inc (NASDAQ:NTSP), TeleTech Holdings, Inc. (NASDAQ:TTEC), and Quad/Graphics, Inc. (NYSE:QUAD). This group of stocks belong to the business services industry and their market caps resemble ARP’s market cap.

Page 1 of 2
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 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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

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!