Is ASML Holding N.V. (ADR) (ASML) Going to Burn These Hedge Funds?

Page 1 of 2

ASML Holding N.V. (ADR) (NASDAQ:ASML) was in 14 hedge funds’ portfolio at the end of the first quarter of 2013. ASML investors should pay attention to a decrease in hedge fund interest recently. There were 15 hedge funds in our database with ASML holdings at the end of the previous quarter.

ASML Holding N.V. (ADR) (NASDAQ:ASML)If you’d ask most investors, hedge funds are assumed to be unimportant, old investment vehicles of the past. While there are over 8000 funds trading at the moment, we at Insider Monkey choose to focus on the top tier of this club, around 450 funds. It is estimated that this group controls the majority of the hedge fund industry’s total capital, and by keeping an eye on their best picks, we have deciphered a number of investment strategies that have historically outpaced the broader indices. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points a year for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have topped the S&P 500 index by 23.3 percentage points in 8 months (explore the details and some picks here).

Just as integral, positive insider trading sentiment is a second way to parse down the marketplace. There are plenty of stimuli for an executive to get rid of shares of his or her company, but only one, very clear reason why they would initiate a purchase. Many empirical studies have demonstrated the useful potential of this method if investors know what to do (learn more here).

With these “truths” under our belt, it’s important to take a peek at the latest action encompassing ASML Holding N.V. (ADR) (NASDAQ:ASML).

What does the smart money think about ASML Holding N.V. (ADR) (NASDAQ:ASML)?

At the end of the first quarter, a total of 14 of the hedge funds we track were long in this stock, a change of -7% from the first quarter. With the smart money’s sentiment swirling, there exists a few notable hedge fund managers who were boosting their holdings significantly.

According to our comprehensive database, Fisher Asset Management, managed by Ken Fisher, holds the most valuable position in ASML Holding N.V. (ADR) (NASDAQ:ASML). Fisher Asset Management has a $90.3 million position in the stock, comprising 0.2% of its 13F portfolio. On Fisher Asset Management’s heels is Renaissance Technologies, managed by Jim Simons, which held a $79.6 million position; the fund has 0.2% of its 13F portfolio invested in the stock. Remaining peers that are bullish include Ryan Heslop and Ariel Warszawski’s Firefly Value Partners, Lee Ainslie’s Maverick Capital and Matthew Iorio’s White Elm Capital.

Since ASML Holding N.V. (ADR) (NASDAQ:ASML) has experienced falling interest from the aggregate hedge fund industry, logic holds that there is a sect of funds who were dropping their positions entirely in Q1. Interestingly, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital cut the largest position of the “upper crust” of funds we track, worth an estimated $20.2 million in stock., and Brian Taylor of Pine River Capital Management was right behind this move, as the fund dumped about $7.4 million worth. These moves are intriguing to say the least, as total hedge fund interest was cut by 1 funds in Q1.

Insider trading activity in ASML Holding N.V. (ADR) (NASDAQ:ASML)

Bullish insider trading is at its handiest when the company in focus has seen transactions within the past six months. Over the last six-month time period, ASML Holding N.V. (ADR) (NASDAQ:ASML) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

Let’s also examine hedge fund and insider activity in other stocks similar to ASML Holding N.V. (ADR) (NASDAQ:ASML). These stocks are Advanced Semiconductor Engineering (ADR) (NYSE:ASX), Cree, Inc. (NASDAQ:CREE), Lam Research Corporation (NASDAQ:LRCX), KLA-Tencor Corporation (NASDAQ:KLAC), and Applied Materials, Inc. (NASDAQ:AMAT). This group of stocks belong to the semiconductor equipment & materials industry and their market caps resemble ASML’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

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

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

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!