Is Boston Properties, Inc. (NYSE:BXP) Going to Burn These Hedge Funds?

Boston Properties, Inc. (NYSE:BXP) has experienced a decrease in enthusiasm from smart money in recent months.

Boston Properties, Inc. (NYSE:BXP)

According to most traders, hedge funds are viewed as unimportant, old investment vehicles of years past. While there are greater than 8000 funds in operation at present, we at Insider Monkey choose to focus on the elite of this group, around 450 funds. It is estimated that this group controls the lion’s share of the smart money’s total capital, and by paying attention to their highest performing stock picks, we have formulated a number of investment strategies that have historically outperformed Mr. Market. Our small-cap hedge fund strategy outpaced the S&P 500 index by 18 percentage points per 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 outperformed the S&P 500 index by 25 percentage points in 6.5 month (see all of our picks from August).

Just as important, positive insider trading sentiment is a second way to parse down the stock market universe. As the old adage goes: there are a variety of stimuli for a corporate insider to downsize shares of his or her company, but just one, very clear reason why they would initiate a purchase. Many empirical studies have demonstrated the impressive potential of this method if “monkeys” understand where to look (learn more here).

Consequently, let’s take a glance at the latest action encompassing Boston Properties, Inc. (NYSE:BXP).

Hedge fund activity in Boston Properties, Inc. (NYSE:BXP)

In preparation for this year, a total of 18 of the hedge funds we track were long in this stock, a change of 0% from one quarter earlier. With hedgies’ capital changing hands, there exists a select group of noteworthy hedge fund managers who were upping their holdings meaningfully.

According to our comprehensive database, AEW Capital Management, managed by Jeffrey Furber, holds the most valuable position in Boston Properties, Inc. (NYSE:BXP). AEW Capital Management has a $218 million position in the stock, comprising 5.8% of its 13F portfolio. Sitting at the No. 2 spot is Ken Griffin of Citadel Investment Group, with a $202 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Some other hedgies that are bullish include D. E. Shaw’s D E Shaw, Clint Carlson’s Carlson Capital and Jim Simons’s Renaissance Technologies.

Seeing as Boston Properties, Inc. (NYSE:BXP) has experienced bearish sentiment from the smart money, we can see that there lies a certain “tier” of money managers that elected to cut their positions entirely at the end of the year. At the top of the heap, Ken Heebner’s Capital Growth Management dropped the biggest investment of the “upper crust” of funds we track, worth an estimated $75 million in stock.. Douglas W. Case’s fund, Advanced Investment Partners, also dropped its stock, about $1 million worth. These transactions are important to note, as aggregate hedge fund interest stayed the same (this is a bearish signal in our experience).

What have insiders been doing with Boston Properties, Inc. (NYSE:BXP)?

Insider purchases made by high-level executives is at its handiest when the primary stock in question has seen transactions within the past 180 days. Over the latest 180-day time frame, Boston Properties, Inc. (NYSE:BXP) has seen zero unique insiders purchasing, and 3 insider sales (see the details of insider trades here).

With the results demonstrated by the aforementioned studies, everyday investors should always pay attention to hedge fund and insider trading activity, and Boston Properties, Inc. (NYSE:BXP) applies perfectly to this mantra.

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 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

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

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!