Hedge Funds Are Buying Realogy Holdings Corp (RLGY)

Page 1 of 2

In the financial world, there are plenty of methods market participants can use to watch stocks. A couple of the most useful are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite fund managers can outpace the market by a significant margin (see just how much).

Just as crucial, optimistic insider trading sentiment is a second way to analyze the financial markets. As the old adage goes: there are lots of stimuli for an executive to cut shares of his or her company, but only one, very clear reason why they would behave bullishly. Various academic studies have demonstrated the impressive potential of this method if piggybackers understand what to do (learn more here).

Realogy Holdings Corp

What’s more, it’s important to analyze the recent info surrounding Realogy Holdings Corp (NYSE:RLGY).

Hedge fund activity in Realogy Holdings Corp (NYSE:RLGY)

Heading into Q3, a total of 49 of the hedge funds we track were bullish in this stock, a change of 40% from one quarter earlier. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of key hedge fund managers who were increasing their holdings significantly.

When using filings from the hedgies we track, Paulson & Co, managed by John Paulson, holds the most valuable position in Realogy Holdings Corp (NYSE:RLGY). Paulson & Co has a $622.5 million position in the stock, comprising 4.4% of its 13F portfolio. On Paulson & Co’s heels is Stephen Mandel of Lone Pine Capital, with a $379.6 million position; the fund has 1.8% of its 13F portfolio invested in the stock. Remaining hedge funds that are bullish include Philippe Laffont’s Coatue Management, Lee Ainslie’s Maverick Capital and James Dinan’s York Capital Management.

As one would understandably expect, specific money managers have jumped into Realogy Holdings Corp (NYSE:RLGY) headfirst. Paulson & Co, managed by John Paulson, established the largest position in Realogy Holdings Corp (NYSE:RLGY). Paulson & Co had 622.5 million invested in the company at the end of the quarter. Stephen Mandel’s Lone Pine Capital also initiated a $379.6 million position during the quarter. The following funds were also among the new RLGY investors: Philippe Laffont’s Coatue Management, Lee Ainslie’s Maverick Capital, and James Dinan’s York Capital Management.

What have insiders been doing with Realogy Holdings Corp (NYSE:RLGY)?

Bullish insider trading is particularly usable when the primary stock in question has seen transactions within the past six months. Over the latest 180-day time frame, Realogy Holdings Corp (NYSE:RLGY) has seen zero unique insiders purchasing, and 7 insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Realogy Holdings Corp (NYSE:RLGY). These stocks are Forest City Enterprises, Inc. (NYSE:FCE-A), Jones Lang LaSalle Inc (NYSE:JLL), Brookfield Office Properties Inc (USA) (NYSE:BPO), Icahn Enterprises LP (NASDAQ:IEP), and CBRE Group Inc (NYSE:CBG). This group of stocks are in the property management industry and their market caps are similar to RLGY’s market cap.

Page 1 of 2
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 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

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations 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!