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.

IXYS Corporation (IXYS): Hedge Funds Are Buying, Should You?

Page 1 of 2

The market has been volatile as the Federal Reserve winds down its easy money policies. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 14 percentage points between June 25th and the end of October. SEC filings and hedge fund investor letters indicate that the smart money seems to be paring back their overall long exposure, and the funds’ movements is one of the reasons why the major indexes have retraced. In this article, we analyze what the smart money thinks of IXYS Corporation (NASDAQ:IXYS) and find out how it is affected by hedge funds’ moves.

IXYS Corporation (NASDAQ:IXYS) investors should be aware of a decrease in enthusiasm from smart money lately. IXYS Corporation (NASDAQ:IXYS) was in 12 hedge funds’ portfolios at the end of the third quarter of 2015. There were 16 hedge funds in our database with IXYS Corporation (NASDAQ:IXYS) positions at the end of the previous quarter. 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 Lumber Liquidators Holdings Inc (NYSE:LL), Titan International Inc (NYSE:TWI), and Hometrust Bancshares Inc (NASDAQ:HTBI) to gather more data points.

Follow Ixys Corp (NASDAQ:IXYS)
Trade (NASDAQ:IXYS) Now!

To the average investor, there are plenty of metrics that stock traders employ to value their stock investments. Two of the best metrics are hedge fund and insider trading interest. Our experts have shown that, historically, those who follow the best picks of the best investment managers can outpace the market by a significant margin (see the details here).

Keeping this in mind, we’re going to check out the new action surrounding IXYS Corporation (NASDAQ:IXYS).

What does the smart money think about IXYS Corporation (NASDAQ:IXYS)?

Heading into Q4, a total of 12 of the hedge funds tracked by Insider Monkey held long positions in this stock, a drop of 25% from the previous quarter. With the smart money’s capital changing hands, there exists a select group of key hedge fund managers who were upping their holdings meaningfully (or already accumulated large positions).

When looking at the institutional investors followed by Insider Monkey, Chuck Royce’s Royce & Associates has the number one position in IXYS Corporation (NASDAQ:IXYS), worth close to $19.6 million, amounting to 0.1% of its total 13F portfolio. Coming in second is Renaissance Technologies, with a $2.7 million position; less than 0.1% of its 13F portfolio is allocated to the stock. Some other hedge funds and institutional investors that hold long positions encompass David Dreman’s Dreman Value Management, Ken Fisher’s Fisher Asset Management and Cliff Asness’ AQR 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!