Do Hedge Funds and Insiders Love Limited Brands, Inc. (LTD)?

Page 1 of 2

In the financial world, there are tons of methods market participants can use to watch Mr. Market. Two of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the top fund managers can outclass the market by a healthy amount (see just how much).

Equally as necessary, bullish insider trading sentiment is a second way to analyze the stock market universe. Obviously, there are a variety of stimuli for an executive to sell shares of his or her company, but only one, very simple reason why they would buy. Various academic studies have demonstrated the impressive potential of this method if investors know what to do (learn more here).

Limited Brands calls look for near-term rally

Furthermore, let’s study the recent info surrounding Limited Brands, Inc. (NYSE:LTD).

What does the smart money think about Limited Brands, Inc. (NYSE:LTD)?

In preparation for the third quarter, a total of 21 of the hedge funds we track were long in this stock, a change of 50% from the first quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of noteworthy hedge fund managers who were upping their holdings significantly.

Out of the hedge funds we follow, Coatue Management, managed by Philippe Laffont, holds the most valuable position in Limited Brands, Inc. (NYSE:LTD). Coatue Management has a $196.6 million position in the stock, comprising 2.2% of its 13F portfolio. The second largest stake is held by Paul Ruddock and Steve Heinz of Lansdowne Partners, with a $135.6 million position; the fund has 1.7% of its 13F portfolio invested in the stock. Some other hedgies with similar optimism include Andrew J. M. Spokes’s Farallon Capital, Murray Stahl’s Horizon Asset Management and Christopher R. Hansen’s Valiant Capital.

As industrywide interest increased, certain money managers were breaking ground themselves. Coatue Management, managed by Philippe Laffont, assembled the most outsized position in Limited Brands, Inc. (NYSE:LTD). Coatue Management had 196.6 million invested in the company at the end of the quarter. Paul Ruddock and Steve Heinz’s Lansdowne Partners also initiated a $135.6 million position during the quarter. The other funds with brand new LTD positions are Andrew J. M. Spokes’s Farallon Capital, Murray Stahl’s Horizon Asset Management, and Christopher R. Hansen’s Valiant Capital.

What do corporate executives and insiders think about Limited Brands, Inc. (NYSE:LTD)?

Insider buying is particularly usable when the company we’re looking at has experienced transactions within the past six months. Over the last 180-day time period, Limited Brands, Inc. (NYSE:LTD) has seen 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 Limited Brands, Inc. (NYSE:LTD). These stocks are Urban Outfitters, Inc. (NASDAQ:URBN), The Gap Inc. (NYSE:GPS), Nordstrom, Inc. (NYSE:JWN), Michael Kors Holdings Ltd (NYSE:KORS), and Ross Stores, Inc. (NASDAQ:ROST). This group of stocks are the members of the apparel stores industry and their market caps are similar to LTD’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

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways 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

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

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!