Do Hedge Funds and Insiders Love Cemex SAB de CV (ADR) (NYSE:CX)?

Cemex SAB de CV (ADR) (NYSE:CX) investors should pay attention to an increase in support from the world’s most elite money managers lately.

3 Commodities For A Housing Recovery

If you’d ask most traders, hedge funds are viewed as slow, outdated investment vehicles of years past. While there are more than 8000 funds with their doors open today, we choose to focus on the moguls of this group, close to 450 funds. It is widely believed that this group controls the majority of all hedge funds’ total capital, and by watching their top investments, we have brought to light a few investment strategies that have historically beaten the S&P 500 index. 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 outpaced the S&P 500 index by 25 percentage points in 6.5 month (explore the details and some picks here).

Just as key, bullish insider trading activity is another way to break down the stock market universe. Obviously, there are many motivations for an upper level exec to cut shares of his or her company, but just one, very simple reason why they would behave bullishly. Several empirical studies have demonstrated the valuable potential of this strategy if piggybackers know where to look (learn more here).

With all of this in mind, we’re going to take a gander at the latest action encompassing Cemex SAB de CV (ADR) (NYSE:CX).

How have hedgies been trading Cemex SAB de CV (ADR) (NYSE:CX)?

In preparation for this year, a total of 28 of the hedge funds we track were bullish in this stock, a change of 40% from the third quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists a select group of notable hedge fund managers who were upping their stakes considerably.

Of the funds we track, Southeastern Asset Management, managed by Mason Hawkins, holds the most valuable position in Cemex SAB de CV (ADR) (NYSE:CX). Southeastern Asset Management has a $790 million position in the stock, comprising 3.5% of its 13F portfolio. Coming in second is Sean Cullinan of Point State Capital, with a $101 million position; the fund has 1.5% of its 13F portfolio invested in the stock. Some other peers that are bullish include Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital, John Lykouretzos’s Hoplite Capital Management and D. E. Shaw’s D E Shaw.

As industrywide interest jumped, key money managers were leading the bulls’ herd. Hoplite Capital Management, managed by John Lykouretzos, assembled the largest position in Cemex SAB de CV (ADR) (NYSE:CX). Hoplite Capital Management had 44 million invested in the company at the end of the quarter. D. E. Shaw’s D E Shaw also initiated a $42 million position during the quarter. The other funds with brand new CX positions are Roberto Mignone’s Bridger Management, Stanley Druckenmiller’s Duquesne Capital, and Clint Carlson’s Carlson Capital.

How are insiders trading Cemex SAB de CV (ADR) (NYSE:CX)?

Insider buying is most useful when the company in focus has experienced transactions within the past six months. Over the latest six-month time period, Cemex SAB de CV (ADR) (NYSE:CX) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

With the results shown by the aforementioned studies, everyday investors must always keep an eye on hedge fund and insider trading sentiment, and Cemex SAB de CV (ADR) (NYSE:CX) is no exception.

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

Insider Monkey’s small-cap strategy returned 29.2% between September 2012 and February 2013 versus 8.7% 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

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

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!