Here is What Hedge Funds Think About Compania Cervecerias Unidas S.A. (ADR) (CCU)

Page 1 of 2

Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU) was in 5 hedge funds’ portfolio at the end of the first quarter of 2013. CCU investors should be aware of a decrease in enthusiasm from smart money of late. There were 5 hedge funds in our database with CCU positions at the end of the previous quarter.

In the eyes of most shareholders, hedge funds are assumed to be worthless, old investment tools of yesteryear. While there are more than 8000 funds with their doors open today, we choose to focus on the bigwigs of this group, close to 450 funds. It is estimated that this group oversees the lion’s share of the smart money’s total capital, and by paying attention to their top picks, we have brought to light a number of investment strategies that have historically outpaced the broader indices. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points per year for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have beaten the S&P 500 index by 23.3 percentage points in 8 months (explore the details and some picks here).

Just as key, positive insider trading activity is another way to parse down the world of equities. Obviously, there are a variety of reasons for an executive to drop shares of his or her company, but just one, very clear reason why they would behave bullishly. Plenty of academic studies have demonstrated the impressive potential of this tactic if shareholders know what to do (learn more here).

Keeping this in mind, let’s take a gander at the key action encompassing Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU).

What does the smart money think about Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU)?

At Q1′s end, a total of 5 of the hedge funds we track were long in this stock, a change of 0% from the first quarter. With hedgies’ capital changing hands, there exists a few noteworthy hedge fund managers who were upping their holdings substantially.

David Shaw

Of the funds we track, Marshall Wace LLP, managed by Paul Marshall and Ian Wace, holds the biggest position in Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU). Marshall Wace LLP has a $9.6 million position in the stock, comprising 0.6% of its 13F portfolio. On Marshall Wace LLP’s heels is D E Shaw, managed by D. E. Shaw, which held a $3.3 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include Israel Englander’s Millennium Management, Ken Griffin’s Citadel Investment Group and Jim Simons’s Renaissance Technologies.

Judging by the fact that Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU) has faced bearish sentiment from hedge fund managers, we can see that there exists a select few fund managers who sold off their positions entirely in Q1. It’s worth mentioning that Chase Coleman and Feroz Dewan’s Tiger Global Management LLC said goodbye to the biggest investment of all the hedgies we monitor, totaling an estimated $6 million in stock.. Peter Rathjens Bruce Clarke and John Campbell’s fund, Arrowstreet Capital, also said goodbye to its stock, about $0 million worth. These transactions are important to note, as aggregate hedge fund interest stayed the same (this is a bearish signal in our experience).

What have insiders been doing with Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU)?

Bullish insider trading is best served when the company we’re looking at has seen transactions within the past half-year. Over the latest six-month time period, Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s check out hedge fund and insider activity in other stocks similar to Compania Cervecerias Unidas S.A. (ADR) (NYSE:CCU). These stocks are Anheuser-Busch InBev NV (ADR) (NYSE:BUD), Companhia de Bebidas das Americas (ADR) (NYSE:ABV), Vina Concha y Toro S.A. (ADR) (NYSE:VCO), Boston Beer Co Inc (NYSE:SAM), and Molson Coors Brewing Company (NYSE:TAP). All of these stocks are in the beverages – brewers industry and their market caps match CCU’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 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

The 10 Longest Wars of All Time

The 13 Worst Looking Foods that Taste Great

The 6 Most Gruesome Injuries Suffered During a Sports Match

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!