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

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

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!