Here is What Hedge Funds Think About Travelers Companies Inc (TRV)

Page 1 of 2

Is Travelers Companies Inc (NYSE:TRV) a buy?

In today’s marketplace, there are plenty of indicators investors can use to track the equity markets. A pair of the most useful are hedge fund and insider trading sentiment. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the top fund managers can trounce the market by a solid margin (see just how much).

Equally as useful, positive insider trading sentiment is a second way to look at the world of equities. There are many motivations for an insider to sell shares of his or her company, but only one, very clear reason why they would behave bullishly. Various academic studies have demonstrated the market-beating potential of this strategy if you understand what to do (learn more here).

Travelers Companies Inc (NYSE:TRV)

Thus, it’s important to discuss the newest info surrounding Travelers Companies Inc (NYSE:TRV).

How have hedgies been trading Travelers Companies Inc (NYSE:TRV)?

Heading into Q3, a total of 29 of the hedge funds we track were long in this stock, a change of 0% from the previous quarter. With hedgies’ sentiment swirling, there exists a few key hedge fund managers who were increasing their holdings substantially.

Out of the funds we follow, Mason Hawkins’s Southeastern Asset Management had the most valuable position in Travelers Companies Inc (NYSE:TRV), worth close to $1.1439 billion, accounting for 5.6% of its total 13F portfolio. Sitting at the No. 2 spot is AQR Capital Management, managed by Cliff Asness, which held a $117.3 million position; 0.4% of its 13F portfolio is allocated to the company. Other peers that are bullish include Jim Simons’s Renaissance Technologies, Israel Englander’s Millennium Management and Ken Griffin’s Citadel Investment Group.

Due to the fact Travelers Companies Inc (NYSE:TRV) has experienced declining interest from upper-tier hedge fund managers, it’s safe to say that there was a specific group of money managers that elected to cut their full holdings heading into Q2. At the top of the heap, Robert Rodriguez and Steven Romick’s First Pacific Advisors LLC dropped the largest stake of the 450+ funds we track, comprising about $61.2 million in stock. Andrew Sandler’s fund, Sandler Capital Management, also said goodbye to its stock, about $25.1 million worth. These transactions are important to note, as total hedge fund interest stayed the same (this is a bearish signal in our experience).

How have insiders been trading Travelers Companies Inc (NYSE:TRV)?

Insider buying is particularly usable when the primary stock in question has seen transactions within the past six months. Over the latest six-month time frame, Travelers Companies Inc (NYSE:TRV) has seen zero unique insiders purchasing, and 11 insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to Travelers Companies Inc (NYSE:TRV). These stocks are Loews Corporation (NYSE:L), American International Group Inc (NYSE:AIG), The Chubb Corporation (NYSE:CB), The Allstate Corporation (NYSE:ALL), and ACE Limited (NYSE:ACE). This group of stocks belong to the property & casualty insurance industry and their market caps match TRV’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

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

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

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!