Dollar General Corp. (NYSE:DG): Are Hedge Funds Right About This Stock?

Dollar General Corp. (NYSE:DG) has seen a decrease in activity from the world’s largest hedge funds lately.

Earnings Analysis: Dollar General Corp. (NYSE:DG)

In the 21st century investor’s toolkit, there are tons of metrics market participants can use to track stocks. Some of the most under-the-radar are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the best money managers can trounce their index-focused peers by a solid amount (see just how much).

Equally as important, bullish insider trading sentiment is a second way to break down the world of equities. Obviously, there are many stimuli for an executive to cut shares of his or her company, but just one, very simple reason why they would buy. Various empirical studies have demonstrated the useful potential of this method if “monkeys” know what to do (learn more here).

Consequently, let’s take a glance at the key action regarding Dollar General Corp. (NYSE:DG).

Hedge fund activity in Dollar General Corp. (NYSE:DG)

At the end of the fourth quarter, a total of 44 of the hedge funds we track held long positions in this stock, a change of -19% from one quarter earlier. With hedgies’ capital changing hands, there exists a few notable hedge fund managers who were increasing their holdings substantially.

According to our comprehensive database, Lone Pine Capital, managed by Stephen Mandel, holds the largest position in Dollar General Corp. (NYSE:DG). Lone Pine Capital has a $588 million position in the stock, comprising 3.7% of its 13F portfolio. Sitting at the No. 2 spot is Eton Park Capital, managed by Eric Mindich, which held a $287 million position; the fund has 6% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include James Crichton and Adam Weiss’s Scout Capital Management, Bain Capital’s Brookside Capital and Lee Ainslie’s Maverick Capital.

Seeing as Dollar General Corp. (NYSE:DG) has experienced falling interest from the aggregate hedge fund industry, it’s easy to see that there lies a certain “tier” of funds who were dropping their entire stakes heading into 2013. It’s worth mentioning that Brian Jackelow’s SAB Capital Management dumped the largest position of the 450+ funds we watch, comprising about $159 million in stock.. Anand Parekh’s fund, Alyeska Investment Group, also cut its stock, about $105 million worth. These moves are interesting, as aggregate hedge fund interest dropped by 10 funds heading into 2013.

Insider trading activity in Dollar General Corp. (NYSE:DG)

Insider trading activity, especially when it’s bullish, is at its handiest when the company in focus has experienced transactions within the past six months. Over the last six-month time period, Dollar General Corp. (NYSE:DG) has seen 2 unique insiders buying, and 11 insider sales (see the details of insider trades here).

With the results shown by Insider Monkey’s tactics, retail investors must always watch hedge fund and insider trading sentiment, and Dollar General Corp. (NYSE:DG) applies perfectly to this mantra.

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

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

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

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!