Here is What Hedge Funds Think About Gevo, Inc. (GEVO)

Page 1 of 2

Gevo, Inc.Gevo, Inc. (NASDAQ:GEVO) investors should be aware of an increase in support from the world’s most elite money managers in recent months.

In the financial world, there are tons of methods investors can use to analyze their holdings. Some of the most under-the-radar are hedge fund and insider trading activity. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the elite fund managers can outperform the broader indices by a very impressive margin (see just how much).

Just as important, optimistic insider trading sentiment is another way to break down the stock market universe. Obviously, there are plenty of reasons for a corporate insider to drop shares of his or her company, but just one, very obvious reason why they would buy. Various empirical studies have demonstrated the impressive potential of this tactic if investors know where to look (learn more here).

Now, it’s important to take a look at the recent action surrounding Gevo, Inc. (NASDAQ:GEVO).

How have hedgies been trading Gevo, Inc. (NASDAQ:GEVO)?

Heading into 2013, a total of 7 of the hedge funds we track held long positions in this stock, a change of 75% from one quarter earlier. With hedge funds’ positions undergoing their usual ebb and flow, there exists an “upper tier” of noteworthy hedge fund managers who were upping their holdings substantially.

When looking at the hedgies we track, Israel Englander’s Millennium Management had the biggest position in Gevo, Inc. (NASDAQ:GEVO), worth close to $2.8 million, comprising less than 0.1%% of its total 13F portfolio. On Millennium Management’s heels is Savitr Capital, managed by Andrew R. Midler, which held a $1.5 million position; the fund has 1.9% of its 13F portfolio invested in the stock. Other hedgies with similar optimism include Anand Parekh’s Alyeska Investment Group, Philip Hempleman’s Ardsley Partners and Mark Kingdon’s Kingdon Capital.

Now, specific money managers were breaking ground themselves. Millennium Management, managed by Israel Englander, initiated the most valuable position in Gevo, Inc. (NASDAQ:GEVO). Millennium Management had 2.8 million invested in the company at the end of the quarter. Andrew R. Midler’s Savitr Capital also made a $1.5 million investment in the stock during the quarter. The following funds were also among the new GEVO investors: Mark Kingdon’s Kingdon Capital and Jim Simons’s Renaissance Technologies.

Insider trading activity in Gevo, Inc. (NASDAQ:GEVO)

Insider purchases made by high-level executives is best served when the company in focus has seen transactions within the past half-year. Over the latest 180-day time frame, Gevo, Inc. (NASDAQ:GEVO) has seen 3 unique insiders purchasing, and 2 insider sales (see the details of insider trades here).

Let’s go over hedge fund and insider activity in other stocks similar to Gevo, Inc. (NASDAQ:GEVO). These stocks are Solazyme Inc (NASDAQ:SZYM), Landec Corporation (NASDAQ:LNDC), Aceto Corporation (NASDAQ:ACET)¬†and Arabian American Development Co (NYSE:ARSD). This group of stocks belong to the chemicals – major diversified industry and their market caps match GEVO’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 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

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

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!