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 Xilinx, Inc. (XLNX) A Good Stock To Buy?

Page 1 of 2

The 700+ hedge funds and money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund positions. Our extensive review of these public filings is finally over, so this article is set to reveal the smart money sentiment towards Xilinx, Inc. (NASDAQ:XLNX).

Is Xilinx, Inc. (NASDAQ:XLNX) a good investment today? Money managers are getting less bullish. The number of bullish hedge fund positions dropped by 2 recently. At the end of this article we will also compare XLNX to other stocks including KeyCorp (NYSE:KEY), Laboratory Corp. of America Holdings (NYSE:LH), and Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY) to get a better sense of its popularity.

Follow Xilinx Inc (NASDAQ:XLNX)
Trade (NASDAQ:XLNX) Now!

To most shareholders, hedge funds are viewed as underperforming, outdated financial vehicles of years past. While there are more than 8000 funds in operation at the moment, Our researchers hone in on the masters of this club, around 700 funds. Most estimates calculate that this group of people shepherd the lion’s share of the hedge fund industry’s total capital, and by tailing their inimitable investments, Insider Monkey has unsheathed a few investment strategies that have historically outperformed the broader indices. Insider Monkey’s small-cap hedge fund strategy surpassed the S&P 500 index by 12 percentage points a year for a decade in their back tests.

Now, let’s take a peek at the new action encompassing Xilinx, Inc. (NASDAQ:XLNX).

What have hedge funds been doing with Xilinx, Inc. (NASDAQ:XLNX)?

At the end of the third quarter, a total of 23 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -8% from one quarter earlier. With hedge funds’ sentiment swirling, there exists a select group of key hedge fund managers who were boosting their holdings considerably (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Clifton S. Robbins’ Blue Harbour Group has the most valuable position in Xilinx, Inc. (NASDAQ:XLNX), worth close to $293.1 million, corresponding to 9.1% of its total 13F portfolio. The second most bullish fund manager is Alkeon Capital Management, managed by Panayotis Takis Sparaggis, which holds a $76.6 million position; the fund has 1.6% of its 13F portfolio invested in the stock. Remaining members of the smart money that hold long positions contain Cliff Asness’ AQR Capital Management, Jim Simons’ Renaissance Technologies and David Harding’s Winton 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!