World-class money managers like Bill Ackman and Barry Rosenstein only invest their wealthy clients’ money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on, when it comes to judging their worth. It’s not surprising then that they generate their biggest returns from these stocks and invest more of their money in these stocks on average than other investors. It’s also not surprising then that we pay close attention to these picks ourselves and have built a market-beating investment strategy around them.
Hedge fund interest in Kandi Technolgies Corp. (NASDAQ:KNDI) remained unchanged in the third quarter. This is usually a negative indicator. At the end of this article we will also compare KNDI to other stocks, including Natural Gas Services Group, Inc. (NYSE:NGS), Immune Desing Corp (NASDAQ:IMDZ), and Exactech, Inc. (NASDAQ:EXAC) to get a better sense of its popularity.
In the 21st century investor’s toolkit there are plenty of tools investors put to use to assess publicly traded companies. A duo of the most underrated tools are hedge fund and insider trading sentiment. We have shown that, historically, those who follow the top picks of the best money managers can outpace the broader indices by a significant margin (see the details here).
With all of this in mind, we’re going to check out the new action surrounding Kandi Technolgies Corp. (NASDAQ:KNDI).
Hedge fund activity in Kandi Technolgies Corp. (NASDAQ:KNDI)
Heading into Q4, a total of 4 of the hedge funds tracked by Insider Monkey held long positions in this stock, unchanged from the previous quarter. With the smart money’s capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their holdings significantly (or already accumulated large positions).