Hedge Funds Aren’t Crazy About Dun & Bradstreet Corp (DNB) Anymore

Page 1 of 2

Dun & Bradstreet Corp (NYSE:DNB) was in 14 hedge funds’ portfolio at the end of the first quarter of 2013. DNB has seen a decrease in support from the world’s most elite money managers lately. There were 15 hedge funds in our database with DNB positions at the end of the previous quarter.

Dun & Bradstreet Corp (NYSE:DNB)

In today’s marketplace, there are tons of indicators market participants can use to monitor Mr. Market. A pair of the most innovative are hedge fund and insider trading activity. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the best hedge fund managers can outpace the S&P 500 by a significant amount (see just how much).

Equally as important, positive insider trading activity is another way to parse down the financial markets. Just as you’d expect, there are lots of motivations for a bullish insider to downsize shares of his or her company, but only one, very simple reason why they would behave bullishly. Plenty of academic studies have demonstrated the market-beating potential of this tactic if piggybackers understand where to look (learn more here).

With all of this in mind, it’s important to take a look at the recent action encompassing Dun & Bradstreet Corp (NYSE:DNB).

How have hedgies been trading Dun & Bradstreet Corp (NYSE:DNB)?

In preparation for this quarter, a total of 14 of the hedge funds we track were long in this stock, a change of -7% from the previous quarter. With hedge funds’ positions undergoing their usual ebb and flow, there exists an “upper tier” of notable hedge fund managers who were increasing their stakes substantially.

When looking at the hedgies we track, Chieftain Capital, managed by John Shapiro, holds the largest position in Dun & Bradstreet Corp (NYSE:DNB). Chieftain Capital has a $143.9 million position in the stock, comprising 10.2% of its 13F portfolio. Coming in second is Ariel Investments, managed by John W. Rogers, which held a $86.5 million position; 1.5% of its 13F portfolio is allocated to the stock. Other hedgies that hold long positions include John Ku’s Manor Road Capital Partners, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital and Cliff Asness’s AQR Capital Management.

Since Dun & Bradstreet Corp (NYSE:DNB) has witnessed bearish sentiment from hedge fund managers, it’s safe to say that there exists a select few fund managers who were dropping their full holdings in Q1. At the top of the heap, Charles Davidson’s Wexford Capital said goodbye to the biggest stake of all the hedgies we key on, worth an estimated $11.8 million in stock.. Matthew Tewksbury’s fund, Stevens Capital Management, also sold off its stock, about $3.2 million worth. These bearish behaviors are important to note, as aggregate hedge fund interest dropped by 1 funds in Q1.

How are insiders trading Dun & Bradstreet Corp (NYSE:DNB)?

Insider buying is particularly usable when the company in focus has seen transactions within the past half-year. Over the latest half-year time period, Dun & Bradstreet Corp (NYSE:DNB) has seen zero unique insiders buying, and 3 insider sales (see the details of insider trades here).

Let’s also review hedge fund and insider activity in other stocks similar to Dun & Bradstreet Corp (NYSE:DNB). These stocks are DigitalGlobe Inc (NYSE:DGI), FactSet Research Systems Inc. (NYSE:FDS), Broadridge Financial Solutions, Inc. (NYSE:BR), DST Systems, Inc. (NYSE:DST), and Morningstar, Inc. (NASDAQ:MORN). This group of stocks belong to the information & delivery services industry and their market caps are similar to DNB’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 9 Most Dangerous Countries for Tourists to Visit

Reign of Terror: The 10 Most Ruthless Politicians in History

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

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

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!