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If you’d ask most market participants, hedge funds are viewed as worthless, outdated investment tools of years past.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
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!