Hedge Funds Are Betting On American Capital Mortgage Investment Crp (MTGE)

Page 1 of 2

Is American Capital Mortgage Investment Crp (NASDAQ:MTGE) an attractive investment today? The best stock pickers are betting on the stock. The number of long hedge fund positions advanced by 5 recently.

To the average investor, there are dozens of methods investors can use to watch their holdings. Some of the best are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the best hedge fund managers can trounce the broader indices by a significant margin (see just how much).

American Capital Mortgage Investment Crp (NASDAQ:MTGE)Just as beneficial, bullish insider trading sentiment is another way to break down the financial markets. Obviously, there are a variety of motivations for an upper level exec to cut shares of his or her company, but only one, very obvious reason why they would initiate a purchase. Many academic studies have demonstrated the impressive potential of this method if piggybackers know where to look (learn more here).

Keeping this in mind, we’re going to take a gander at the recent action surrounding American Capital Mortgage Investment Crp (NASDAQ:MTGE).

Hedge fund activity in American Capital Mortgage Investment Crp (NASDAQ:MTGE)

At the end of the first quarter, a total of 18 of the hedge funds we track were long in this stock, a change of 38% from the previous quarter. With hedgies’ sentiment swirling, there exists an “upper tier” of noteworthy hedge fund managers who were upping their stakes significantly.

According to our comprehensive database, Ascend Capital, managed by Malcolm Fairbairn, holds the largest position in American Capital Mortgage Investment Crp (NASDAQ:MTGE). Ascend Capital has a $42.3 million position in the stock, comprising 1.4% of its 13F portfolio. Coming in second is Brian Taylor of Pine River Capital Management, with a $27.8 million position; the fund has 0.6% of its 13F portfolio invested in the stock. Other hedgies that are bullish include Jim Simons’s Renaissance Technologies, Brian Jackelow’s SAB Capital Management and James Melcher’s Balestra.

Consequently, specific money managers were breaking ground themselves. Ascend Capital, managed by Malcolm Fairbairn, initiated the most valuable position in American Capital Mortgage Investment Crp (NASDAQ:MTGE). Ascend Capital had 42.3 million invested in the company at the end of the quarter. Ken Griffin’s Citadel Investment Group also made a $20 million investment in the stock during the quarter. The following funds were also among the new MTGE investors: D. E. Shaw’s D E Shaw, Anand Parekh’s Alyeska Investment Group, and Cliff Asness’s AQR Capital Management.

How have insiders been trading American Capital Mortgage Investment Crp (NASDAQ:MTGE)?

Insider trading activity, especially when it’s bullish, is most useful when the company we’re looking at has seen transactions within the past 180 days. Over the latest six-month time period, American Capital Mortgage Investment Crp (NASDAQ:MTGE) has experienced 3 unique insiders purchasing, and 1 insider sales (see the details of insider trades here).

Let’s go over hedge fund and insider activity in other stocks similar to American Capital Mortgage Investment Crp (NASDAQ:MTGE). These stocks are PS Business Parks Inc (NYSE:PSB), Capstead Mortgage Corporation (NYSE:CMO), Redwood Trust, Inc. (NYSE:RWT), Colony Financial Inc (NYSE:CLNY), and Spirit Realty Capital Inc (NYSE:SRC). All of these stocks are in the reit – diversified industry and their market caps are similar to MTGE’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.
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 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

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

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!