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Should You Buy Grupo Televisa SAB (ADR) (NYSE:TV)?

Grupo Televisa SAB (ADR) (NYSE:TV)Grupo Televisa SAB (ADR) (NYSE:TV) was in 17 hedge funds’ portfolio at the end of the fourth quarter of 2012. TV has seen an increase in activity from the world’s largest hedge funds recently. There were 13 hedge funds in our database with TV holdings at the end of the previous quarter.

To the average investor, there are dozens of metrics shareholders can use to monitor stocks. Some of the most under-the-radar are hedge fund and insider trading sentiment. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the best money managers can beat the broader indices by a solid amount (see just how much).

Just as integral, optimistic insider trading sentiment is another way to break down the stock market universe. As the old adage goes: there are lots of motivations for an insider to sell shares of his or her company, but only one, very simple reason why they would behave bullishly. Several empirical studies have demonstrated the valuable potential of this tactic if you know what to do (learn more here).

Keeping this in mind, let’s take a gander at the key action regarding Grupo Televisa SAB (ADR) (NYSE:TV).

What have hedge funds been doing with Grupo Televisa SAB (ADR) (NYSE:TV)?

At year’s end, a total of 17 of the hedge funds we track were long in this stock, a change of 31% from the previous quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a few notable hedge fund managers who were upping their stakes substantially.

Of the funds we track, First Eagle Investment Management, managed by Jean-Marie Eveillard, holds the biggest position in Grupo Televisa SAB (ADR) (NYSE:TV). First Eagle Investment Management has a $756 million position in the stock, comprising 2.7% of its 13F portfolio. On First Eagle Investment Management’s heels is Michael Larson of Bill & Melinda Gates Foundation Trust, with a $449 million position; the fund has 2.7% of its 13F portfolio invested in the stock. Remaining peers with similar optimism include Mario Gabelli’s GAMCO Investors, Rob Citrone’s Discovery Capital Management and Ken Fisher’s Fisher Asset Management.

With a general bullishness amongst the heavyweights, specific money managers were leading the bulls’ herd. Standard Pacific Capital, managed by Douglas Dillard Jr. and Raj D. Venkatesan, established the most outsized position in Grupo Televisa SAB (ADR) (NYSE:TV). Standard Pacific Capital had 25 million invested in the company at the end of the quarter. Louis Bacon’s Moore Global Investments also initiated a $4 million position during the quarter. The other funds with new positions in the stock are Steven Cohen’s SAC Capital Advisors, Howard Marks’s Oaktree Capital Management, and Israel Englander’s Millennium Management.

How are insiders trading Grupo Televisa SAB (ADR) (NYSE:TV)?

Insider buying is at its handiest when the company we’re looking at has experienced transactions within the past half-year. Over the latest 180-day time period, Grupo Televisa SAB (ADR) (NYSE:TV) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

With the returns exhibited by our studies, retail investors must always watch hedge fund and insider trading sentiment, and Grupo Televisa SAB (ADR) (NYSE:TV) applies perfectly to this mantra.

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.

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