Here is What Hedge Funds Think About Focus Media Holding Limited (ADR) (NASDAQ:FMCN)

Focus Media Holding Limited (ADR) (NASDAQ:FMCN) has seen an increase in hedge fund sentiment recently.

At the moment, there are tons of gauges investors can use to analyze Mr. Market. A pair of the most useful are hedge fund and insider trading activity. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top hedge fund managers can outclass the S&P 500 by a superb amount (see just how much).

Just as key, bullish insider trading activity is another way to parse down the stock market universe. Obviously, there are lots of motivations for an executive to sell shares of his or her company, but only one, very obvious reason why they would initiate a purchase. Various academic studies have demonstrated the impressive potential of this strategy if you know where to look (learn more here).

Consequently, we’re going to take a look at the latest action surrounding Focus Media Holding Limited (ADR) (NASDAQ:FMCN).

What does the smart money think about Focus Media Holding Limited (ADR) (NASDAQ:FMCN)?

At year’s end, a total of 22 of the hedge funds we track were long in this stock, a change of 38% from one quarter earlier. With hedge funds’ positions undergoing their usual ebb and flow, there exists a few key hedge fund managers who were upping their holdings significantly.

RENAISSANCE TECHNOLOGIES

According to our comprehensive database, Rob Citrone’s Discovery Capital Management had the biggest position in Focus Media Holding Limited (ADR) (NASDAQ:FMCN), worth close to $140 million, comprising 2% of its total 13F portfolio. On Discovery Capital Management’s heels is Pine River Capital Management, managed by Brian Taylor, which held a $54 million call position; 0.9% of its 13F portfolio is allocated to the stock. Other hedge funds that hold long positions include Nick Niell’s Arrowgrass Capital Partners, Jim Simons’s Renaissance Technologies and Matthew Halbower’s Pentwater Capital Management.

As industrywide interest jumped, key hedge funds were leading the bulls’ herd. Fir Tree, managed by Jeffrey Tannenbaum, created the largest position in Focus Media Holding Limited (ADR) (NASDAQ:FMCN). Fir Tree had 33 million invested in the company at the end of the quarter. Howard Guberman’s Gruss Asset Management also initiated a $18 million position during the quarter. The other funds with brand new FMCN positions are Paul Tudor Jones’s Tudor Investment Corp, Paul Glazer’s Glazer Capital, and Israel Englander’s Millennium Management.

How have insiders been trading Focus Media Holding Limited (ADR) (NASDAQ:FMCN)?

Insider buying is particularly usable when the company in focus has seen transactions within the past six months. Over the last half-year time period, Focus Media Holding Limited (ADR) (NASDAQ:FMCN) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).

With the returns demonstrated by the aforementioned research, everyday investors must always keep an eye on hedge fund and insider trading activity, and Focus Media Holding Limited (ADR) (NASDAQ:FMCN) shareholders fit into this picture quite nicely.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 29.2% between September 2012 and February 2013 versus 8.7% for the S&P 500 index. Try it now by clicking the link above.

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

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

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!