Here is What Hedge Funds Think About Marsh & McLennan Companies, Inc. (NYSE:MMC)

Marsh & McLennan Companies, Inc. (NYSE:MMC) has experienced an increase in hedge fund sentiment in recent months.

To most stock holders, hedge funds are viewed as underperforming, outdated financial tools of yesteryear. While there are greater than 8000 funds with their doors open today, we hone in on the elite of this club, close to 450 funds. Most estimates calculate that this group has its hands on the majority of the hedge fund industry’s total asset base, and by tracking their highest performing stock picks, we have uncovered a few investment strategies that have historically outpaced the market. Our small-cap hedge fund strategy outpaced the S&P 500 index by 18 percentage points per annum 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 25 percentage points in 6.5 month (see the details here).

Marsh & McLennan Companies, Inc. (NYSE:MMC)Equally as important, bullish insider trading activity is a second way to break down the stock market universe. Just as you’d expect, there are plenty of motivations for an upper level exec to sell shares of his or her company, but only one, very obvious reason why they would behave bullishly. Plenty of academic studies have demonstrated the market-beating potential of this strategy if shareholders understand where to look (learn more here).

Keeping this in mind, it’s important to take a glance at the recent action surrounding Marsh & McLennan Companies, Inc. (NYSE:MMC).

What does the smart money think about Marsh & McLennan Companies, Inc. (NYSE:MMC)?

At year’s end, a total of 23 of the hedge funds we track were long in this stock, a change of 44% from one quarter earlier. With hedgies’ sentiment swirling, there exists an “upper tier” of key hedge fund managers who were increasing their holdings meaningfully.

When looking at the hedgies we track, Viking Global, managed by Andreas Halvorsen, holds the most valuable position in Marsh & McLennan Companies, Inc. (NYSE:MMC). Viking Global has a $54 million position in the stock, comprising 0.4% of its 13F portfolio. On Viking Global’s heels is Charles de Vaulx of International Value Advisers, with a $40 million position; 1.4% of its 13F portfolio is allocated to the stock. Some other hedgies that hold long positions include Phill Gross and Robert Atchinson’s Adage Capital Management, Ken Griffin’s Citadel Investment Group and D. E. Shaw’s D E Shaw.

Consequently, key hedge funds have jumped into Marsh & McLennan Companies, Inc. (NYSE:MMC) headfirst. Parameter Capital Management, managed by Anil Stevens and Glenn Shapiro, established the biggest position in Marsh & McLennan Companies, Inc. (NYSE:MMC). Parameter Capital Management had 5 million invested in the company at the end of the quarter. Jim Simons’s Renaissance Technologies also initiated a $5 million position during the quarter. The other funds with new positions in the stock are David Costen Haley’s HBK Investments, Louis Bacon’s Moore Global Investments, and Ray Dalio’s Bridgewater Associates.

What do corporate executives and insiders think about Marsh & McLennan Companies, Inc. (NYSE:MMC)?

Insider buying is particularly usable when the primary stock in question has seen transactions within the past 180 days. Over the latest half-year time period, Marsh & McLennan Companies, Inc. (NYSE:MMC) has experienced zero unique insiders purchasing, and 8 insider sales (see the details of insider trades here).

With the returns demonstrated by Insider Monkey’s strategies, everyday investors should always keep an eye on hedge fund and insider trading sentiment, and Marsh & McLennan Companies, Inc. (NYSE:MMC) is an important part of this process.

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!