Is Marriott Vacations Worldwide Corp (VAC) Going to Burn These Hedge Funds?

Page 1 of 2

Should Marriott Vacations Worldwide Corp (NYSE:VAC) investors track the following data?

If you were to ask many investors, hedge funds are seen as overrated, outdated financial vehicles of an era lost to time. Although there are over 8,000 hedge funds in operation currently, Insider Monkey looks at the moguls of this group, around 525 funds. It is widely held that this group controls most of the smart money’s total capital, and by keeping an eye on their highest performing stock picks, we’ve deciphered a number of investment strategies that have historically outstripped Mr. Market. Our small-cap hedge fund strategy beat the S&P 500 index by 18 percentage points a year for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have outperformed the S&P 500 index by 33 percentage points in 11 months (explore the details and some picks here).

Just as crucial, optimistic insider trading activity is another way to look at the investments you’re interested in. There are lots of incentives for an upper level exec to get rid of shares of his or her company, but just one, very simple reason why they would initiate a purchase. Several academic studies have demonstrated the useful potential of this tactic if you understand what to do (learn more here).

Furthermore, it’s important to study the recent info about Marriott Vacations Worldwide Corp (NYSE:VAC).

How are hedge funds trading Marriott Vacations Worldwide Corp (NYSE:VAC)?

At Q2′s end, a total of 15 of the hedge funds we track were bullish in this stock, a change of 0% from the previous quarter. With the smart money’s capital changing hands, there exists an “upper tier” of key hedge fund managers who were upping their stakes significantly.

Marriott Vacations Worldwide Corp (NYSE:VAC)When using filings from the hedgies we track, Jeffrey Tannenbaum’s Fir Tree had the biggest position in Marriott Vacations Worldwide Corp (NYSE:VAC), worth close to $71.2 million, comprising 1% of its total 13F portfolio. On Fir Tree’s heels is Steven Cohen of SAC Capital Advisors, with a $29.1 million position; 0.2% of its 13F portfolio is allocated to the company. Remaining hedgies that are bullish include SAC Subsidiary’s Sigma Capital Management, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital and Israel Englander’s Millennium Management.

Due to the fact Marriott Vacations Worldwide Corp (NYSE:VAC) has witnessed a fall in interest from the smart money’s best and brightest, it’s easy to see that there exists a select few fund managers who were dropping their entire stakes in Q1. At the top of the heap, Donald Chiboucis’s Columbus Circle Investors cut the biggest investment of the 450+ funds we watch, worth close to $14.8 million in stock, and Dmitry Balyasny of Balyasny Asset Management was right behind this move, as the fund dumped about $4.4 million worth. These transactions are interesting, as total hedge fund interest stayed the same (this is a bearish signal in our experience).

Insider trading activity in Marriott Vacations Worldwide Corp (NYSE:VAC)

Insider buying is at its handiest when the company we’re looking at has experienced transactions within the past 180 days. Over the last six-month time frame, Marriott Vacations Worldwide Corp (NYSE:VAC) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Marriott Vacations Worldwide Corp (NYSE:VAC). These stocks are Boyd Gaming Corporation (NYSE:BYD), Pinnacle Entertainment, Inc (NYSE:PNK), Ameristar Casinos, Inc. (NASDAQ:ASCA), Vail Resorts, Inc. (NYSE:MTN), and Caesars Entertainment Corp (NASDAQ:CZR). This group of stocks are in the resorts & casinos industry and their market caps match VAC’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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

The 15 Most Murderous Countries in the World

10 Largest Colleges in the World: Bigger Isn’t Always Better

Comedians in Cars Getting Coffee: The 6 Comedians Seinfeld Needs to Interview

Easy Money: The 10 Most Successful Investors in the World Today

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!