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 Aren’t Crazy About Ingram Micro Inc. (IM) Anymore

Page 1 of 2

Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30. What do these smart investors think about Ingram Micro Inc. (NYSE:IM)?

Is Ingram Micro Inc. (NYSE:IM) a buy here? Prominent investors are in a bearish mood. The number of long hedge fund positions were trimmed by 5 lately. IM was in 31 hedge funds’ portfolios at the end of September. There were 36 hedge funds in our database with IM positions at the end of the previous quarter. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as First American Financial Corp (NYSE:FAF), National Fuel Gas Co. (NYSE:NFG), and Western Refining, Inc. (NYSE:WNR) to gather more data points.

Follow Ingram Micro Inc (NYSE:IM)
Trade (NYSE:IM) Now!

In the financial world there are numerous tools stock traders have at their disposal to evaluate stocks. A couple of the most underrated tools are hedge fund and insider trading signals. Our researchers have shown that, historically, those who follow the top picks of the top fund managers can outperform their index-focused peers by a solid margin (see the details here).

With all of this in mind, let’s take a peek at the key action encompassing Ingram Micro Inc. (NYSE:IM).

How have hedgies been trading Ingram Micro Inc. (NYSE:IM)?

According to Insider Monkey’s hedge fund database, Anthony Bozza’s Lakewood Capital Management has the number one position in Ingram Micro Inc. (NYSE:IM), worth close to $164.8 million, amounting to 6.2% of its total 13F portfolio. On Lakewood Capital Management’s heels is Alexander Roepers of Atlantic Investment Management, with a $113.2 million position; 10.8% of its 13F portfolio is allocated to the stock. Other hedge funds and institutional investors with similar optimism consist of Charles de Vaulx’s International Value Advisers, Joel Greenblatt’s Gotham Asset Management and Cliff Asness’s AQR Capital Management.

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!