AT&T Inc. (T) Investors: Listen Up

Page 1 of 2

AT&T Inc. (NYSE:T) investors probably track spectrum statistics, P/E ratios, market share breakdowns, and every metric under the sun. In this article, we’d like to add a couple more to the discussion.

To many of your fellow readers, hedge funds are viewed as delayed, old investment tools of a period lost to current times. Although there are more than 8,000 hedge funds trading currently, Insider Monkey aim at the top tier of this group, close to 525 funds. It is assumed that this group oversees the lion’s share of the smart money’s total assets, and by watching their best stock picks, we’ve spotted a number of investment strategies that have historically outpaced Mr. Market. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points annually for a decade in our back tests, and since we’ve began to 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 (find a sample of our picks).

AT&T Inc. (NYSE:T)

Just as necessary, optimistic insider trading activity is another way to analyze the investments you’re interested in. Obviously, there are many motivations for an insider to get rid of shares of his or her company, but only one, very clear reason why they would initiate a purchase. Several empirical studies have demonstrated the market-beating potential of this strategy if investors know where to look (learn more here).

Now that that’s out of the way, it’s important to study the newest info about AT&T Inc. (NYSE:T).

How have hedgies been trading AT&T Inc. (NYSE:T)?

Heading into Q3, a total of 38 of the hedge funds we track were bullish in this stock, a change of 9% from the previous quarter. With hedge funds’ capital changing hands, there exists an “upper tier” of notable hedge fund managers who were boosting their stakes significantly.

According to our 13F database, Fisher Asset Management, managed by Ken Fisher, holds the most valuable position in AT&T Inc. (NYSE:T). Fisher Asset Management has a $226 million position in the stock, comprising 0.6% of its 13F portfolio. Sitting at the No. 2 spot is Cliff Asness of AQR Capital Management, with a $181.1 million position; 0.6% of its 13F portfolio is allocated to the stock. Some other peers with similar optimism include D. E. Shaw’s D E Shaw, Phill Gross and Robert Atchinson’s Adage Capital Management and Daniel S. Och’s OZ Management.

As aggregate interest spiked, certain bigger names were breaking ground themselves. Fisher Asset Management, managed by Ken Fisher, assembled the most outsized position in AT&T Inc. (NYSE:T). Fisher Asset Management had 226 million invested in the company at the end of the quarter. Cliff Asness’s AQR Capital Management also made a $181.1 million investment in the stock during the quarter. The other funds with new positions in the stock are D. E. Shaw’s D E Shaw, Phill Gross and Robert Atchinson’s Adage Capital Management, and Daniel S. Och’s OZ Management.

How have insiders been trading AT&T Inc. (NYSE:T)?

Legal insider trading, particularly when it’s bullish, is at its handiest when the company in question has seen transactions within the past 180 days. Over the latest half-year time period, AT&T Inc. (NYSE:T) has experienced 1 unique insiders buying, and 3 insider sales (see the details of insider trades here).

We’ll also take a look at the relationship between both of these indicators in other stocks similar to AT&T Inc. (NYSE:T). These stocks are Windstream Corporation (NASDAQ:WIN), CenturyLink, Inc. (NYSE:CTL), Chunghwa Telecom Co., Ltd (ADR) (NYSE:CHT), BCE Inc. (USA) (NYSE:BCE), and Verizon Communications Inc. (NYSE:VZ). This group of stocks are in the telecom services – domestic industry and their market caps match T’s market cap.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!