DTE Energy Co (DTE): Hedge Funds Are Bullish and Insiders Are Undecided, What Should You Do?

Page 1 of 2

To many of your peers, hedge funds are viewed as delayed, old financial vehicles of a forgotten age. Although there are more than 8,000 hedge funds in operation in present day, this site focuses on the crème de la crème of this group, close to 525 funds. It is widely held that this group controls most of the smart money’s total capital, and by paying attention to their highest quality equity investments, we’ve identified a few investment strategies that have historically outperformed the S&P 500. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points per annum 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 outclassed the S&P 500 index by 33 percentage points in 11 months (find a sample of our picks).

DTE Energy Co (NYSE:DTE)

Equally as crucial, optimistic insider trading activity is a second way to look at the world of equities. Obviously, there are lots of incentives for a bullish insider to sell shares of his or her company, but just one, very obvious reason why they would behave bullishly. Plenty of empirical studies have demonstrated the impressive potential of this method if piggybackers understand where to look (learn more here).

Now that that’s out of the way, it’s important to analyze the newest info for DTE Energy Co (NYSE:DTE).

How are hedge funds trading DTE Energy Co (NYSE:DTE)?

At Q2′s end, a total of 15 of the hedge funds we track were long in this stock, a change of 15% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists a select group of noteworthy hedge fund managers who were boosting their holdings meaningfully.

Out of the hedge funds we follow, AQR Capital Management, managed by Cliff Asness, holds the biggest position in DTE Energy Co (NYSE:DTE). AQR Capital Management has a $82.3 million position in the stock, comprising 0.3% of its 13F portfolio. Sitting at the No. 2 spot is Winton Capital Management, managed by David Harding, which held a $63.5 million position; the fund has 0.8% of its 13F portfolio invested in the stock. Some other hedgies that are bullish include Phill Gross and Robert Atchinson’s Adage Capital Management, Jim Simons’s Renaissance Technologies and Glenn Russell Dubin’s Highbridge Capital Management.

With a general bullishness amongst the titans, specific money managers have been driving this bullishness. AQR Capital Management, managed by Cliff Asness, assembled the most valuable position in DTE Energy Co (NYSE:DTE). AQR Capital Management had 82.3 million invested in the company at the end of the quarter. David Harding’s Winton Capital Management also initiated a $63.5 million position during the quarter. The other funds with brand new DTE positions are Phill Gross and Robert Atchinson’s Adage Capital Management, Jim Simons’s Renaissance Technologies, and Glenn Russell Dubin’s Highbridge Capital Management.

What do corporate executives and insiders think about DTE Energy Co (NYSE:DTE)?

Legal insider trading, particularly when it’s bullish, is particularly usable when the primary stock in question has seen transactions within the past 180 days. Over the latest half-year time period, DTE Energy Co (NYSE:DTE) has seen zero unique insiders buying, and zero 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 DTE Energy Co (NYSE:DTE). These stocks are Empresa Nacional de Electricidad (ADR) (NYSE:EOC), Xcel Energy Inc (NYSE:XEL), Wisconsin Energy Corporation (NYSE:WEC), Companhia Energetica Minas Gerais (ADR) (NYSE:CIG), and Entergy Corporation (NYSE:ETR). This group of stocks are in the electric utilities industry and their market caps are similar to DTE’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

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

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

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

How 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

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!