Hedge Funds Are Betting On CYS Investments Inc (CYS)

Page 1 of 2

CYS Investments Inc (NYSE:CYS) shareholders have witnessed an increase in enthusiasm from smart money in recent months.

If you’d ask most market participants, hedge funds are perceived as worthless, old investment tools of yesteryear. While there are greater than 8000 funds trading at the moment, we choose to focus on the elite of this club, close to 450 funds. It is estimated that this group oversees the majority of all hedge funds’ total capital, and by tracking their highest performing equity investments, we have formulated a number of investment strategies that have historically beaten the broader indices. Our small-cap hedge fund strategy beat 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 beaten the S&P 500 index by 24 percentage points in 7 months (see the details here).

CYS Investments Inc

Just as integral, bullish insider trading sentiment is another way to break down the investments you’re interested in. Obviously, there are a variety of stimuli for an executive to drop shares of his or her company, but just one, very obvious reason why they would initiate a purchase. Several empirical studies have demonstrated the impressive potential of this method if shareholders understand what to do (learn more here).

With all of this in mind, let’s take a peek at the latest action encompassing CYS Investments Inc (NYSE:CYS).

Hedge fund activity in CYS Investments Inc (NYSE:CYS)

At year’s end, a total of 14 of the hedge funds we track were long in this stock, a change of 27% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists a few noteworthy hedge fund managers who were boosting their holdings considerably.

Of the funds we track, Pine River Capital Management, managed by Brian Taylor, holds the most valuable position in CYS Investments Inc (NYSE:CYS). Pine River Capital Management has a $97.2 million position in the stock, comprising 1.9% of its 13F portfolio. Sitting at the No. 2 spot is Balestra, managed by James Melcher, which held a $54.9 million position; the fund has 18.8% of its 13F portfolio invested in the stock. Some other peers that are bullish include Amy Minella’s Cardinal Capital, Bain Capital’s Brookside Capital and Ken Griffin’s Citadel Investment Group.

With a general bullishness amongst the heavyweights, specific money managers have jumped into CYS Investments Inc (NYSE:CYS) headfirst. Brookside Capital, managed by Bain Capital, established the most valuable position in CYS Investments Inc (NYSE:CYS). Brookside Capital had 47.5 million invested in the company at the end of the quarter. Malcolm Fairbairn’s Ascend Capital also initiated a $5.4 million position during the quarter. The other funds with brand new CYS positions are John Overdeck and David Siegel’s Two Sigma Advisors, Jacob Gottlieb’s Visium Asset Management, and D. E. Shaw’s D E Shaw.

How are insiders trading CYS Investments Inc (NYSE:CYS)?

Insider buying is at its handiest when the company in focus has experienced transactions within the past 180 days. Over the latest six-month time period, CYS Investments Inc (NYSE:CYS) has experienced 2 unique insiders buying, and 1 insider sales (see the details of insider trades here).

Let’s check out hedge fund and insider activity in other stocks similar to CYS Investments Inc (NYSE:CYS). These stocks are Hatteras Financial Corp. (NYSE:HTS), Post Properties Inc (NYSE:PPS), ARMOUR Residential REIT, Inc. (NYSE:ARR), Sun Communities Inc (NYSE:SUI), and Colonial Properties Trust Inc (NYSE:CLP). This group of stocks are in the reit – residential industry and their market caps are similar to CYS’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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits 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!