Hedge Funds Are Betting On Warner Chilcott Plc (WCRX)

Page 1 of 2

In today’s marketplace, there are tons of indicators investors can use to track the equity markets. A couple of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite fund managers can beat the market by a very impressive amount (see just how much).

Equally as necessary, optimistic insider trading activity is another way to look at the marketplace. As the old adage goes: there are many motivations for an insider to get rid of shares of his or her company, but only one, very simple reason why they would initiate a purchase. Various empirical studies have demonstrated the useful potential of this strategy if shareholders understand what to do (learn more here).

Keeping this in mind, let’s discuss the newest info for Warner Chilcott Plc (NASDAQ:WCRX).

What have hedge funds been doing with Warner Chilcott Plc (NASDAQ:WCRX)?

In preparation for the third quarter, a total of 42 of the hedge funds we track held long positions in this stock, a change of 50% from the first quarter. With hedgies’ capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were boosting their stakes meaningfully.

Warner Chilcott Plc (NASDAQ:WCRX)According to our 13F database, Jacob Gottlieb’s Visium Asset Management had the biggest position in Warner Chilcott Plc (NASDAQ:WCRX), worth close to $178.8 million, comprising 4.2% of its total 13F portfolio. Coming in second is AQR Capital Management, managed by Cliff Asness, which held a $112 million position; the fund has 0.4% of its 13F portfolio invested in the stock. Some other hedge funds that hold long positions include Andrew J. M. Spokes’s Farallon Capital, D. E. Shaw’s D E Shaw and Robert Emil Zoellner’s Alpine Associates.

With a general bullishness amongst the titans, certain bigger names were breaking ground themselves. Visium Asset Management, managed by Jacob Gottlieb, created the biggest position in Warner Chilcott Plc (NASDAQ:WCRX). Visium Asset Management had 178.8 million invested in the company at the end of the quarter. Cliff Asness’s AQR Capital Management also made a $112 million investment in the stock during the quarter. The other funds with brand new WCRX positions are Andrew J. M. Spokes’s Farallon Capital, D. E. Shaw’s D E Shaw, and Robert Emil Zoellner’s Alpine Associates.

How have insiders been trading Warner Chilcott Plc (NASDAQ:WCRX)?

Insider buying made by high-level executives is best served when the primary stock in question has experienced transactions within the past six months. Over the latest 180-day time frame, Warner Chilcott Plc (NASDAQ:WCRX) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to Warner Chilcott Plc (NASDAQ:WCRX). These stocks are Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY), Taro Pharmaceutical Industries Ltd. (NYSE:TARO), Cubist Pharmaceuticals Inc (NASDAQ:CBST), United Therapeutics Corporation (NASDAQ:UTHR), and Endo Health Solutions Inc (NASDAQ:ENDP). This group of stocks are the members of the drug manufacturers – other industry and their market caps match WCRX’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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!