LyondellBasell Industries NV (NYSE:LYB): Hedge Funds Are Bullish and Insiders Are Bearish, What Should You Do?

LyondellBasell Industries NV (NYSE:LYB) investors should be aware of an increase in activity from the world’s largest hedge funds recently.

LyondellBasell Industries NV (LYB)

In the 21st century investor’s toolkit, there are many gauges investors can use to watch the equity markets. A duo of the best are hedge fund and insider trading movement. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top money managers can outclass the broader indices by a very impressive amount (see just how much).

Just as integral, positive insider trading activity is a second way to parse down the stock market universe. Just as you’d expect, there are many stimuli for a bullish insider to get rid of shares of his or her company, but only one, very clear reason why they would behave bullishly. Many empirical studies have demonstrated the market-beating potential of this tactic if you know where to look (learn more here).

Now, it’s important to take a glance at the recent action regarding LyondellBasell Industries NV (NYSE:LYB).

How have hedgies been trading LyondellBasell Industries NV (NYSE:LYB)?

Heading into 2013, a total of 58 of the hedge funds we track held long positions in this stock, a change of 23% from the previous quarter. With the smart money’s capital changing hands, there exists a select group of noteworthy hedge fund managers who were upping their stakes significantly.

Of the funds we track, Andreas Halvorsen’s Viking Global had the most valuable position in LyondellBasell Industries NV (NYSE:LYB), worth close to $431 million billion, comprising 3% of its total 13F portfolio. Coming in second is Discovery Capital Management, managed by Rob Citrone, which held a $295 million position; 1.4% of its 13F portfolio is allocated to the stock. Remaining hedge funds that are bullish include Phill Gross and Robert Atchinson’s Adage Capital Management, Dan Loeb’s Third Point and Donald Chiboucis’s Columbus Circle Investors.

Now, specific money managers were breaking ground themselves. Arrowgrass Capital Partners, managed by Nick Niell, established the biggest position in LyondellBasell Industries NV (NYSE:LYB). Arrowgrass Capital Partners had 35 million invested in the company at the end of the quarter. also made a $29 million investment in the stock during the quarter. The following funds were also among the new LYB investors: Douglas Dillard Jr. and Raj D. Venkatesan’s Standard Pacific Capital, Mark Kingdon’s Kingdon Capital, and Glenn Russell Dubin’s Highbridge Capital Management.

What do corporate executives and insiders think about LyondellBasell Industries NV (NYSE:LYB)?

Insider trading activity, especially when it’s bullish, is at its handiest when the company in question has experienced transactions within the past 180 days. Over the latest 180-day time period, LyondellBasell Industries NV (NYSE:LYB) has experienced zero unique insiders purchasing, and 4 insider sales (see the details of insider trades here).

With the returns exhibited by Insider Monkey’s studies, everyday investors must always monitor hedge fund and insider trading sentiment, and LyondellBasell Industries NV (NYSE:LYB) is an important part of this process.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 29.2% between September 2012 and February 2013 versus 8.7% for the S&P 500 index. Try it now by clicking the link above.

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 Click to see monthly returns in table format!

Lists

Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

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!