Here is What Hedge Funds Think About FXCM Inc (FXCM)

Page 1 of 2

FXCM Inc (NYSE:FXCM)FXCM Inc (NYSE:FXCM) was in 6 hedge funds’ portfolio at the end of December. FXCM has seen an increase in hedge fund interest of late. There were 4 hedge funds in our database with FXCM positions at the end of the previous quarter.

If you’d ask most investors, hedge funds are viewed as worthless, old investment vehicles of the past. While there are more than 8000 funds trading at the moment, we at Insider Monkey choose to focus on the top tier of this group, about 450 funds. It is estimated that this group has its hands on most of the hedge fund industry’s total asset base, and by tracking their highest performing investments, we have deciphered a few investment strategies that have historically outpaced the S&P 500 index. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points annually for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have topped the S&P 500 index by 24 percentage points in 7 months (explore the details and some picks here).

Just as important, bullish insider trading activity is a second way to parse down the world of equities. There are plenty of incentives for an upper level exec to drop shares of his or her company, but only one, very obvious reason why they would initiate a purchase. Several academic studies have demonstrated the useful potential of this method if shareholders understand what to do (learn more here).

Keeping this in mind, let’s take a glance at the latest action regarding FXCM Inc (NYSE:FXCM).

Hedge fund activity in FXCM Inc (NYSE:FXCM)

At the end of the fourth quarter, a total of 6 of the hedge funds we track were bullish in this stock, a change of 50% from one quarter earlier. With the smart money’s sentiment swirling, there exists an “upper tier” of key hedge fund managers who were upping their holdings substantially.

According to our comprehensive database, Michael Price’s MFP Investors had the largest position in FXCM Inc (NYSE:FXCM), worth close to $21.7 million, accounting for 3.1% of its total 13F portfolio. Coming in second is Citadel Investment Group, managed by Ken Griffin, which held a $12.5 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Some other peers with similar optimism include Israel Englander’s Millennium Management, Mike Vranos’s Ellington and Paul Tudor Jones’s Tudor Investment Corp.

Now, some big names were breaking ground themselves. MFP Investors, managed by Michael Price, created the largest position in FXCM Inc (NYSE:FXCM). MFP Investors had 21.7 million invested in the company at the end of the quarter. Israel Englander’s Millennium Management also initiated a $0.4 million position during the quarter. The other funds with brand new FXCM positions are Mike Vranos’s Ellington and Paul Tudor Jones’s Tudor Investment Corp.

What do corporate executives and insiders think about FXCM Inc (NYSE:FXCM)?

Insider buying is at its handiest when the company in focus has seen transactions within the past six months. Over the latest six-month time period, FXCM Inc (NYSE:FXCM) has seen 1 unique insiders purchasing, and 4 insider sales (see the details of insider trades here).

Let’s go over hedge fund and insider activity in other stocks similar to FXCM Inc (NYSE:FXCM). These stocks are Interactive Brokers Group, Inc. (NASDAQ:IBKR), BGC Partners, Inc. (NASDAQ:BGCP), GFI Group Inc. (NYSE:GFIG), Piper Jaffray Companies (NYSE:PJC), and Medley Capital Corp (NYSE:MCC). This group of stocks belong to the investment brokerage – national industry and their market caps are closest to FXCM’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

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

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

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How 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

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!