Brooks Automation, Inc. (USA) (BRKS): Hedge Funds Are Bullish and Insiders Are Undecided, What Should You Do?

Page 1 of 2

In the eyes of many traders, hedge funds are assumed to be delayed, outdated financial vehicles of a period lost to current times. Although there are In excess of 8,000 hedge funds with their doors open currently, this site looks at the crème de la crème of this group, around 525 funds. It is widely held that this group controls the lion’s share of the hedge fund industry’s total assets, and by tracking their highest quality equity investments, we’ve unearthed a few investment strategies that have historically outperformed the S&P 500. Our small-cap hedge fund strategy outperformed 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 outpaced the S&P 500 index by 33 percentage points in 11 months (find the details here).

Equally as key, bullish insider trading sentiment is another way to look at the investments you’re interested in. Obviously, there are lots of reasons for a bullish insider to sell shares of his or her company, but just one, very obvious reason why they would buy. Various empirical studies have demonstrated the market-beating potential of this method if investors understand what to do (learn more here).

Now that that’s out of the way, let’s study the recent info about Brooks Automation, Inc. (USA) (NASDAQ:BRKS).

Brooks Automation, Inc. (USA) (NASDAQ:BRKS)

What have hedge funds been doing with Brooks Automation, Inc. (USA) (NASDAQ:BRKS)?

Heading into Q3, a total of 11 of the hedge funds we track held long positions in this stock, a change of 22% from the previous quarter. With the smart money’s sentiment swirling, there exists a few notable hedge fund managers who were increasing their holdings significantly.

When using filings from the hedgies we track, Chuck Royce’s Royce & Associates had the largest position in Brooks Automation, Inc. (USA) (NASDAQ:BRKS), worth close to $36.9 million, comprising 0.1% of its total 13F portfolio. Coming in second is Bernard Horn of Polaris Capital Management, with a $30 million position; the fund has 1.7% of its 13F portfolio invested in the stock. Other peers that are bullish include Mark Kingdon’s Kingdon Capital, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital and Cliff Asness’s AQR Capital Management.

As industrywide interest increased, particular hedge funds have jumped into Brooks Automation, Inc. (USA) (NASDAQ:BRKS) headfirst. Royce & Associates, managed by Chuck Royce, initiated the most outsized position in Brooks Automation, Inc. (USA) (NASDAQ:BRKS). Royce & Associates had 36.9 million invested in the company at the end of the quarter. Bernard Horn’s Polaris Capital Management also initiated a $30 million position during the quarter. The other funds with brand new BRKS positions are Mark Kingdon’s Kingdon Capital, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital, and Cliff Asness’s AQR Capital Management.

What have insiders been doing with Brooks Automation, Inc. (USA) (NASDAQ:BRKS)?

Insider buying is best served when the company we’re looking at has seen transactions within the past half-year. Over the latest half-year time period, Brooks Automation, Inc. (USA) (NASDAQ:BRKS) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Brooks Automation, Inc. (USA) (NASDAQ:BRKS). These stocks are ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS), Intermolecular Inc (NASDAQ:IMI), Tessera Technologies, Inc. (NASDAQ:TSRA), Kulicke and Soffa Industries Inc. (NASDAQ:KLIC), and ATMI Inc (NASDAQ:ATMI). This group of stocks belong to the semiconductor equipment & materials industry and their market caps match BRKS’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

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

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

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!