Here is What Hedge Funds Think About Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (KOF)

Page 1 of 2

Is Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) a splendid investment today? The best stock pickers are becoming hopeful. The number of long hedge fund bets inched up by 2 lately.

Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF)To the average investor, there are tons of methods market participants can use to watch Mr. Market. Some of the most underrated are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the best fund managers can beat the broader indices by a very impressive amount (see just how much).

Equally as beneficial, bullish insider trading sentiment is another way to break down the world of equities. Just as you’d expect, there are a variety of reasons for an upper level exec to get rid of shares of his or her company, but just one, very obvious reason why they would initiate a purchase. Many empirical studies have demonstrated the useful potential of this tactic if you understand where to look (learn more here).

Keeping this in mind, let’s take a peek at the key action encompassing Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF).

Hedge fund activity in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF)

Heading into Q2, a total of 10 of the hedge funds we track were bullish in this stock, a change of 25% from one quarter earlier. With the smart money’s capital changing hands, there exists an “upper tier” of notable hedge fund managers who were increasing their holdings significantly.

When looking at the hedgies we track, Bill & Melinda Gates Foundation Trust, managed by Michael Larson, holds the largest position in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF). Bill & Melinda Gates Foundation Trust has a $1.0178 billion position in the stock, comprising 5.6% of its 13F portfolio. The second largest stake is held by Renaissance Technologies, managed by Jim Simons, which held a $111.2 million position; 0.3% of its 13F portfolio is allocated to the company. Remaining hedge funds that are bullish include Cliff Asness’s AQR Capital Management, Ken Griffin’s Citadel Investment Group and D. E. Shaw’s D E Shaw.

As one would reasonably expect, key money managers were breaking ground themselves. D E Shaw, managed by D. E. Shaw, initiated the most outsized call position in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF). D E Shaw had 3.6 million invested in the company at the end of the quarter. Israel Englander’s Millennium Management also made a $1.3 million investment in the stock during the quarter. The only other fund with a new position in the stock is Steven Cohen’s SAC Capital Advisors.

What have insiders been doing with Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF)?

Insider trading activity, especially when it’s bullish, is most useful when the company in focus has seen transactions within the past half-year. Over the latest 180-day time period, Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

Let’s go over hedge fund and insider activity in other stocks similar to Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF). These stocks are Monster Beverage Corp (NASDAQ:MNST), PepsiCo, Inc. (NYSE:PEP), Dr Pepper Snapple Group Inc. (NYSE:DPS), Coca-Cola HBC S.A. (ADR) (NYSE:CCH), and Coca-Cola Enterprises Inc (NYSE:CCE). This group of stocks are the members of the beverages – soft drinks industry and their market caps resemble KOF’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

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!