Syngenta AG (ADR) (SYT): Are Hedge Funds Right About This Stock?: CF Industries Holdings, Inc. (CF), Agrium Inc. (USA) (AGU)

Is Syngenta AG (ADR) (NYSE:SYT) a healthy stock for your portfolio? The best stock pickers are becoming less confident. The number of long hedge fund bets went down by 1 lately.

Syngenta AG (ADR) (NYSE:SYT)At the moment, there are dozens of gauges investors can use to monitor stocks. A duo of the most under-the-radar are hedge fund and insider trading activity. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the top hedge fund managers can outclass the S&P 500 by a significant amount (see just how much).

Equally as integral, optimistic insider trading activity is a second way to break down the financial markets. As the old adage goes: there are many stimuli for an insider to get rid of shares of his or her company, but only one, very obvious reason why they would initiate a purchase. Plenty of empirical studies have demonstrated the impressive potential of this tactic if you understand what to do (learn more here).

Now, let’s take a gander at the recent action encompassing Syngenta AG (ADR) (NYSE:SYT).

What have hedge funds been doing with Syngenta AG (ADR) (NYSE:SYT)?

At year’s end, a total of 10 of the hedge funds we track held long positions in this stock, a change of -9% from the previous quarter. With the smart money’s sentiment swirling, there exists a select group of key hedge fund managers who were boosting their holdings significantly.

Of the funds we track, Fisher Asset Management, managed by Ken Fisher, holds the most valuable position in Syngenta AG (ADR) (NYSE:SYT). Fisher Asset Management has a $57 million position in the stock, comprising 0.2% of its 13F portfolio. Coming in second is Jim Simons of Renaissance Technologies, with a $8 million position; 0% of its 13F portfolio is allocated to the stock. Remaining hedge funds that hold long positions include J. Alan Reid, Jr.’s Forward Management, Mario Gabelli’s GAMCO Investors and Robert B. Gillam’s McKinley Capital Management.

Due to the fact that Syngenta AG (ADR) (NYSE:SYT) has witnessed falling interest from the smart money, we can see that there lies a certain “tier” of fund managers who were dropping their full holdings at the end of the year. At the top of the heap, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital cut the largest investment of the “upper crust” of funds we key on, totaling about $6 million in stock., and Peter J. Eichler Jr. of Aletheia Research and Management was right behind this move, as the fund sold off about $2 million worth. These moves are important to note, as total hedge fund interest was cut by 1 funds at the end of the year.

Insider trading activity in Syngenta AG (ADR) (NYSE:SYT)

Insider trading activity, especially when it’s bullish, is most useful when the primary stock in question has seen transactions within the past six months. Over the latest six-month time period, Syngenta AG (ADR) (NYSE:SYT) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s check out hedge fund and insider activity in other stocks similar to Syngenta AG (ADR) (NYSE:SYT). These stocks are CF Industries Holdings, Inc. (NYSE:CF), Agrium Inc. (USA) (NYSE:AGU), Mosaic Co (NYSE:MOS), Monsanto Company (NYSE:MON), and Potash Corp./Saskatchewan (USA) (NYSE:POT). This group of stocks belong to the agricultural chemicals industry and their market caps match SYT’s market cap.

Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
CF Industries Holdings, Inc. (NYSE:CF) 40 0 3
Agrium Inc. (USA) (NYSE:AGU) 22 0 0
Mosaic Co (NYSE:MOS) 35 1 0
Monsanto Company (NYSE:MON) 54 0 8
Potash Corp./Saskatchewan (USA) (NYSE:POT) 25 0 0

With the returns exhibited by Insider Monkey’s tactics, retail investors must always watch hedge fund and insider trading activity, and Syngenta AG (ADR) (NYSE:SYT) 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 37% between September 2012 and March 2013 versus 12.9% 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

The 10 Biggest Airports in the World

The 5 Most Gang Infested Cities In America

The 34 Smartest Countries in the World

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

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

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!