Fuel Systems Solutions, Inc. (FSYS): Hedge Funds and Insiders Are Bullish, What Should You Do?

Page 1 of 2

Fuel Systems Solutions, Inc. (NASDAQ:FSYS) was in 6 hedge funds’ portfolio at the end of the first quarter of 2013. FSYS investors should be aware of an increase in enthusiasm from smart money in recent months. There were 5 hedge funds in our database with FSYS holdings at the end of the previous quarter.

Fuel Systems Solutions, Inc. (NASDAQ:FSYS)If you’d ask most traders, hedge funds are seen as underperforming, old financial tools of yesteryear. While there are greater than 8000 funds with their doors open today, we choose to focus on the bigwigs of this group, close to 450 funds. It is estimated that this group controls the lion’s share of all hedge funds’ total capital, and by monitoring their top picks, we have determined a number of investment strategies that have historically outperformed the market. Our small-cap hedge fund strategy outpaced 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 trumped the S&P 500 index by 23.3 percentage points in 8 months (explore the details and some picks here).

Just as key, positive insider trading sentiment is another way to break down the marketplace. There are lots of motivations for an insider to drop shares of his or her company, but only one, very clear reason why they would initiate a purchase. Various academic studies have demonstrated the impressive potential of this method if “monkeys” know where to look (learn more here).

Consequently, we’re going to take a gander at the key action regarding Fuel Systems Solutions, Inc. (NASDAQ:FSYS).

Hedge fund activity in Fuel Systems Solutions, Inc. (NASDAQ:FSYS)

Heading into Q2, a total of 6 of the hedge funds we track were long in this stock, a change of 20% from the first 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 increasing their stakes significantly.

When looking at the hedgies we track, Royce & Associates, managed by Chuck Royce, holds the most valuable position in Fuel Systems Solutions, Inc. (NASDAQ:FSYS). Royce & Associates has a $14.5 million position in the stock, comprising less than 0.1%% of its 13F portfolio. On Royce & Associates’s heels is PEAK6 Capital Management, managed by Matthew Hulsizer, which held a $2.4 million call position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include Jim Simons’s Renaissance Technologies, Israel Englander’s Millennium Management and Glenn Russell Dubin’s Highbridge Capital Management.

As one would reasonably expect, some big names have jumped into Fuel Systems Solutions, Inc. (NASDAQ:FSYS) headfirst. PEAK6 Capital Management, managed by Matthew Hulsizer, created the largest call position in Fuel Systems Solutions, Inc. (NASDAQ:FSYS). PEAK6 Capital Management had 2.4 million invested in the company at the end of the quarter. Jim Simons’s Renaissance Technologies also made a $1.5 million investment in the stock during the quarter. The following funds were also among the new FSYS investors: Glenn Russell Dubin’s Highbridge Capital Management and Matthew Hulsizer’s PEAK6 Capital Management.

What do corporate executives and insiders think about Fuel Systems Solutions, Inc. (NASDAQ:FSYS)?

Insider trading activity, especially when it’s bullish, is at its handiest when the company in question has seen transactions within the past half-year. Over the last 180-day time period, Fuel Systems Solutions, Inc. (NASDAQ:FSYS) has experienced 1 unique insiders buying, and zero insider sales (see the details of insider trades here).

Let’s also review hedge fund and insider activity in other stocks similar to Fuel Systems Solutions, Inc. (NASDAQ:FSYS). These stocks are Superior Industries International Inc. (NYSE:SUP), Stoneridge, Inc. (NYSE:SRI), Meritor Inc (NYSE:MTOR), Modine Manufacturing Co. (NYSE:MOD), and Douglas Dynamics Inc (NYSE:PLOW). This group of stocks are the members of the auto parts industry and their market caps resemble FSYS’s market cap.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

The 10 Longest Wars of All Time

The 13 Worst Looking Foods that Taste Great

The 6 Most Gruesome Injuries Suffered During a Sports Match

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!