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.

Hedges Funds Are Hoarding Shares Of These Mid-caps

Page 1 of 2

With the date of filing the 13F for the reporting period of April1-June 30 having concluded recently, we at Insider Monkey decided to closely examine the portfolio data released by over 700 hedge funds we cover and look for the best opportunities in it for our readers. Having already covered the large-cap stocks that are being hoarded by hedge funds, in this article we decided  to elaborate on the four mid-cap stocks whose shares are being hoarded by hedge funds

But before that, let’s first take a step back and analyze how tracking hedge funds can help an everyday investor. Through our research, we discovered that a portfolio of the 15 most popular small-cap picks of hedge funds beat the S&P 500 Total Return Index by nearly a percentage point per month on average between 1999 and 2012. On the other hand, their most popular large-cap picks of hedge funds underperformed the same index by seven basis points per month during the same period. This is likely a surprise to many investors, who think of small-caps as risky, unpredictable stocks and put more faith (and money) in large-cap stocks. In forward tests since August 2012 these top small-cap stocks have beat the market by 65 percentage points, returning over 123% (read more details here).

Biggest Financial Scandals in History

4. Connecture Inc (NASDAQ:CNXR)

Investors with Long Positions (as of June 30): 9

Aggregate Value of Investors’ Holdings (as of June 30): $71.30 million

Although  Connecture Inc (NASDAQ:CNXR) saw a slight quarter-over-quarter drop in popularity from 10 hedge funds that held stakes with an aggregate value of $85.48 million at the end of March, a significant portion or 31.10% of the company’s stock at the end of June was still owned by nine hedge funds from our database. The stock of the web-based platform provider for the health insurance distribution remained flat during the April-June period, but has gone through a correction since late-July. For the second quarter, the company reported a loss of $0.20 per share on revenue of $23.40 million versus a loss of $0.19 per share and revenue of $23.27 million expected by analysts. Jeffrey Jay and David Kroin‘s Great Point Partners was the largest shareholder of Connecture Inc (NASDAQ:CNXR) among the hedge funds covered by us, owning over 4.12 million shares, as of June 30.

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...

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!