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.

Is Plum Creek Timber Co. Inc. (PCL) Going to Burn These Hedge Funds?

Page 1 of 2

The elite funds run by legendary investors such as Dan Loeb and David Tepper make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don’t follow. Because of their pay structures, they have strong incentive to do the research necessary to beat the market. That’s why we pay close attention to what they think in small cap stocks. In this article, we take a closer look at Plum Creek Timber Co. Inc. (NYSE:PCL) from the perspective of those elite funds.

Plum Creek Timber Co. Inc. (NYSE:PCL) was in 16 hedge funds’ portfolios at the end of September. PCL investors should be aware of an increase in activity from the world’s largest hedge funds of late. There were 14 hedge funds in our database with PCL positions at the end of the previous quarter. At the end of this article we will also compare PCL to other stocks including Franco-Nevada Corporation (NYSE:FNV), DexCom, Inc. (NASDAQ:DXCM), and Robert Half International Inc. (NYSE:RHI) to get a better sense of its popularity.

Follow Plum Creek Timber Co Inc (NYSE:PCL)
Trade (NYSE:PCL) Now!

In the financial world there are plenty of formulas market participants can use to analyze stocks. Some of the most innovative formulas are hedge fund and insider trading sentiment. Our experts have shown that, historically, those who follow the best picks of the top fund managers can outperform the market by a solid amount (see the details here).

With all of this in mind, let’s review the new action surrounding Plum Creek Timber Co. Inc. (NYSE:PCL).

What does the smart money think about Plum Creek Timber Co. Inc. (NYSE:PCL)?

At the end of the third quarter, a total of 16 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 14% from one quarter earlier. With hedge funds’ positions undergoing their usual ebb and flow, there exists an “upper tier” of key hedge fund managers who were boosting their stakes considerably (or already accumulated large positions).

Of the funds tracked by Insider Monkey, Renaissance Technologies holds the biggest position in Plum Creek Timber Co. Inc. (NYSE:PCL). Renaissance Technologies has an $43.2 million position in the stock, comprising 0.1% of its 13F portfolio. Coming in second is Citadel Investment Group, managed by Ken Griffin, which holds an $27.7 million position; less than 0.1%% of its 13F portfolio is allocated to the company. Remaining peers that hold long positions contain Phill Gross and Robert Atchinson’s Adage Capital Management and Matthew Hulsizer’s PEAK6 Capital Management.

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!