You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make a proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund investors like Carl Icahn and George Soros hold the necessary resources and abilities to conduct an extensive stock analysis on small-cap stocks, which enable them to make millions of dollars by identifying potential winners within the small-cap galaxy of stocks. This represents the main reason why Insider Monkey takes notice of the hedge fund activity in these overlooked stocks.
Hedge fund interest in Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) shares was flat at the end of last quarter. This is usually a negative indicator. 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 Penske Automotive Group, Inc. (NYSE:PAG), Brown & Brown, Inc. (NYSE:BRO), and GameStop Corp. (NYSE:GME) to gather more data points.
In the 21st century investor’s toolkit there are numerous signals investors have at their disposal to evaluate publicly traded companies. Two of the most useful signals are hedge fund and insider trading signals. Our researchers have shown that, historically, those who follow the top picks of the best investment managers can beat the market by a significant amount (see the details here).
Keeping this in mind, let’s take a look at the key action encompassing Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH).
What does the smart money think about Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH)?
At the end of the third quarter, a total of 12 of the hedge funds tracked by Insider Monkey were long this stock, a change of 0% from the previous quarter. With hedge funds’ sentiment swirling, there exists a few noteworthy hedge fund managers who were boosting their holdings meaningfully (or already accumulated large positions).
According to publicly available hedge fund and institutional investor holdings data compiled by Insider Monkey, Stuart J. Zimmer’s Zimmer Partners has the biggest position in Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH), worth close to $114.2 million, amounting to 8.7% of its total 13F portfolio. Sitting at the No. 2 spot is Anchorage Advisors, managed by Kevin Michael Ulrich and Anthony Davis, which holds a $91.3 million position; the fund has 3% of its 13F portfolio invested in the stock. Other hedge funds and institutional investors with similar optimism include James Dinan’s York Capital Management, Alan Fournier’s Pennant Capital Management and Bruce J. Richards and Louis Hanover’s Marathon Asset Management.