Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Funds Are Dumping Gran Tierra Energy Inc. (GTE)

Page 1 of 2

Reputable billionaire investors such as Nelson Peltz and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won’t accept your savings unless you commit at least $5 million) by pinpointing winning small-cap stocks. There is little or no publicly-available information at all on some of these small companies, which makes it hard for an individual investor to pin down a winner within the small-cap space. However, hedge funds and other big asset managers can do the due diligence and analysis for you instead, thanks to their highly-skilled research teams and vast resources to conduct an appropriate evaluation process. Looking for potential winners within the small-cap galaxy of stocks? We believe following the smart money is a good starting point.

Gran Tierra Energy Inc. (NYSEAMEX:GTE) was in 16 hedge funds’ portfolios at the end of September. GTE shareholders have witnessed a decrease in enthusiasm from smart money recently. There were 17 hedge funds in our database with GTE positions at the end of the previous quarter. At the end of this article we will also compare GTE to other stocks including Capital Senior Living Corporation (NYSE:CSU), ePlus Inc. (NASDAQ:PLUS), and 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) to get a better sense of its popularity.

Follow Gran Tierra Energy Inc. (NYSEMKT:GTE)
Trade (NYSEMKT:GTE) Now!

In the 21st century investor’s toolkit there are a large number of signals stock traders have at their disposal to assess their holdings. A duo of the most useful signals are hedge fund and insider trading indicators. We have shown that, historically, those who follow the best picks of the elite fund managers can trounce the S&P 500 by a healthy margin (see the details here).

Keeping this in mind, let’s take a gander at the latest action surrounding Gran Tierra Energy Inc. (NYSEAMEX:GTE).

Hedge fund activity in Gran Tierra Energy Inc. (NYSEAMEX:GTE)

At the end of the third quarter, a total of 16 of the hedge funds tracked by Insider Monkey were long this stock, a change of -6% from the previous quarter. With hedge funds’ sentiment swirling, there exists an “upper tier” of noteworthy hedge fund managers who were boosting their holdings considerably (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, West Face Capital, managed by Greg Boland, holds the biggest position in Gran Tierra Energy Inc. (NYSEAMEX:GTE). West Face Capital has a $50.7 million position in the stock, comprising 21% of its 13F portfolio. The second most bullish fund manager is Joseph Oughourlian and Michel Brogard of Amber Capital, with a $37.7 million position; 47.9% of its 13F portfolio is allocated to the stock. Remaining members of the smart money with similar optimism contain Jim Simons’ Renaissance Technologies, John Thiessen’s Vertex One Asset Management and Andy Redleaf’s Whitebox Advisors.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!