Hedge Funds Are Bearish On Dot Hill Systems Corp. (HILL)

Page 1 of 2

DOT HILL SYSTEMS CORPDot Hill Systems Corp. (NASDAQ:HILL) was in 4 hedge funds’ portfolio at the end of March. HILL has seen a decrease in hedge fund interest of late. There were 4 hedge funds in our database with HILL holdings at the end of the previous quarter.

If you’d ask most market participants, hedge funds are viewed as worthless, outdated investment tools of years past. While there are over 8000 funds with their doors open at present, we hone in on the elite of this club, about 450 funds. Most estimates calculate that this group has its hands on most of the hedge fund industry’s total asset base, and by watching their top equity investments, we have discovered a few investment strategies that have historically outstripped the broader indices. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points per year for a decade in our back tests, and since we’ve started 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 (see all of our picks from August).

Just as integral, bullish insider trading sentiment is another way to parse down the investments you’re interested in. There are a number of reasons for a bullish insider to get rid of shares of his or her company, but only one, very simple reason why they would buy. Plenty of empirical studies have demonstrated the valuable potential of this method if you understand what to do (learn more here).

Now, let’s take a look at the latest action regarding Dot Hill Systems Corp. (NASDAQ:HILL).

How have hedgies been trading Dot Hill Systems Corp. (NASDAQ:HILL)?

In preparation for this quarter, a total of 4 of the hedge funds we track were bullish in this stock, a change of 0% from the first quarter.

Due to the fact that Dot Hill Systems Corp. (NASDAQ:HILL) has faced a declination in interest from the aggregate hedge fund industry, we can see that there is a sect of money managers who sold off their positions entirely at the end of the first quarter. At the top of the heap, Cliff Asness’s AQR Capital Management dumped the biggest stake of the 450+ funds we key on, comprising an estimated $0 million in stock. These moves are interesting, as aggregate hedge fund interest stayed the same (this is a bearish signal in our experience).

What have insiders been doing with Dot Hill Systems Corp. (NASDAQ:HILL)?

Insider trading activity, especially when it’s bullish, is best served when the company in focus has seen transactions within the past six months. Over the latest six-month time period, Dot Hill Systems Corp. (NASDAQ:HILL) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to Dot Hill Systems Corp. (NASDAQ:HILL). These stocks are STEC, Inc. (NASDAQ:STEC), Imation Corp. (NYSE:IMN), OCZ Technology Group Inc. (NASDAQ:OCZ), Overland Storage, Inc. (NASDAQ:OVRL), and Hutchinson Technology Incorporated (NASDAQ:HTCH). This group of stocks are the members of the data storage devices industry and their market caps are similar to HILL’s market cap.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!