NXP Semiconductors NV (NXPI): Insiders Aren’t Crazy About It

Page 1 of 2

NXP Semiconductors NV (NASDAQ:NXPI) was in 41 hedge funds’ portfolio at the end of the first quarter of 2013. NXPI investors should be aware of an increase in support from the world’s most elite money managers lately. There were 24 hedge funds in our database with NXPI positions at the end of the previous quarter.

In the eyes of most investors, hedge funds are seen as unimportant, old financial vehicles of the past. While there are over 8000 funds trading today, we choose to focus on the bigwigs of this group, around 450 funds. Most estimates calculate that this group oversees the lion’s share of the hedge fund industry’s total asset base, and by tracking their highest performing equity investments, we have formulated a few investment strategies that have historically outpaced the market. Our small-cap hedge fund strategy beat the S&P 500 index by 18 percentage points per annum for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have outperformed the S&P 500 index by 23.3 percentage points in 8 months (explore the details and some picks here).

Equally as key, bullish insider trading sentiment is another way to break down the financial markets. Obviously, there are a number of reasons for a corporate insider to cut shares of his or her company, but just one, very clear reason why they would buy. Various empirical studies have demonstrated the valuable potential of this tactic if “monkeys” understand where to look (learn more here).

With all of this in mind, we’re going to take a gander at the key action encompassing NXP Semiconductors NV (NASDAQ:NXPI).

How have hedgies been trading NXP Semiconductors NV (NASDAQ:NXPI)?

Heading into Q2, a total of 41 of the hedge funds we track were long in this stock, a change of 71% from the previous quarter. With hedge funds’ capital changing hands, there exists an “upper tier” of notable hedge fund managers who were boosting their stakes meaningfully.

NXP Semiconductors NV (NXPI)When looking at the hedgies we track, Ken Griffin’s Citadel Investment Group had the biggest position in NXP Semiconductors NV (NASDAQ:NXPI), worth close to $119.7 million, comprising 0.2% of its total 13F portfolio. On Citadel Investment Group’s heels is Andreas Halvorsen of Viking Global, with a $103.9 million position; 0.6% of its 13F portfolio is allocated to the stock. Some other hedgies with similar optimism include Dan Loeb’s Third Point, Donald Chiboucis’s Columbus Circle Investors and Nick Niell’s Arrowgrass Capital Partners.

Now, specific money managers have jumped into NXP Semiconductors NV (NASDAQ:NXPI) headfirst. Viking Global, managed by Andreas Halvorsen, established the most outsized position in NXP Semiconductors NV (NASDAQ:NXPI). Viking Global had 103.9 million invested in the company at the end of the quarter. Dan Loeb’s Third Point also made a $75.7 million investment in the stock during the quarter. The other funds with brand new NXPI positions are Nick Niell’s Arrowgrass Capital Partners, Josh Resnick’s Jericho Capital Asset Management, and Charles Clough’s Clough Capital Partners.

What have insiders been doing with NXP Semiconductors NV (NASDAQ:NXPI)?

Insider buying is at its handiest when the company in question has experienced transactions within the past 180 days. Over the latest half-year time frame, NXP Semiconductors NV (NASDAQ:NXPI) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to NXP Semiconductors NV (NASDAQ:NXPI). These stocks are Freescale Semiconductor Ltd (NYSE:FSL), AU Optronics Corp. (ADR) (NYSE:AUO), Maxim Integrated Products Inc. (NASDAQ:MXIM), Avago Technologies Ltd (NASDAQ:AVGO), and STMicroelectronics N.V. (ADR) (NYSE:STM). This group of stocks are the members of the semiconductor – broad line industry and their market caps resemble NXPI’s market cap.

Page 1 of 2
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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

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!