Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

How Has Smart Money Been Trading Sherwin-Williams Company (SHW)?

Page 1 of 2

The 700+ hedge funds and money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30th. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund positions. Our extensive review of these public filings is finally over, so this article is set to reveal the smart money sentiment towards Sherwin-Williams Company (NYSE:SHW).

Sherwin-Williams Company (NYSE:SHW) was in 45 hedge funds’ portfolios at the end of September. SHW investors should be aware of an increase in enthusiasm from smart money lately. There were 35 hedge funds in our database with SHW positions at the end of the previous quarter. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Cerner Corporation (NASDAQ:CERN), Zoetis Inc (NYSE:ZTS), and Edison International (NYSE:EIX) to gather more data points.

Follow Sherwin Williams Co (NYSE:SHW)
Trade (NYSE:SHW) Now!

To the average investor there are tons of indicators stock market investors employ to value their holdings. A duo of the most underrated indicators are hedge fund and insider trading activity. Our researchers have shown that, historically, those who follow the top picks of the best fund managers can trounce the market by a significant margin (see the details here).

Keeping this in mind, we’re going to take a look at the new action regarding Sherwin-Williams Company (NYSE:SHW).

What does the smart money think about Sherwin-Williams Company (NYSE:SHW)?

At the end of the third quarter, a total of 45 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 29% from one quarter earlier. With the smart money’s capital changing hands, there exists an “upper tier” of notable hedge fund managers who were upping their holdings meaningfully (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Eton Park Capital, managed by Eric Mindich, holds the most valuable position in Sherwin-Williams Company (NYSE:SHW). Eton Park Capital has a $249 million position in the stock, comprising 4.3% of its 13F portfolio. Coming in second is Robert Joseph Caruso of Select Equity Group, with a $226.9 million position; 2.2% of its 13F portfolio is allocated to the company. Other professional money managers with similar optimism comprise Eric Mindich’s Eton Park Capital, Paul Marshall and Ian Wace’s Marshall Wace LLP and Richard Chilton’s Chilton Investment Company.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!