Talisman Energy Inc. (USA) (NYSE:TLM): Hedge Funds Are Bullish and Insiders Are Bearish, What Should You Do?

Talisman Energy Inc. (USA) (NYSE:TLM) shareholders have witnessed an increase in support from the world’s most elite money managers lately.

Talisman Energy Inc. (USA) (NYSE:TLM)In the 21st century investor’s toolkit, there are plenty of indicators shareholders can use to watch Mr. Market. Two of the most innovative are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the best investment managers can trounce the S&P 500 by a solid amount (see just how much).

Equally as important, positive insider trading activity is another way to break down the world of equities. There are lots of reasons for an upper level exec to downsize shares of his or her company, but only one, very simple reason why they would buy. Many empirical studies have demonstrated the impressive potential of this tactic if investors understand what to do (learn more here).

Consequently, we’re going to take a look at the latest action regarding Talisman Energy Inc. (USA) (NYSE:TLM).

What have hedge funds been doing with Talisman Energy Inc. (USA) (NYSE:TLM)?

Heading into 2013, a total of 16 of the hedge funds we track were bullish in this stock, a change of 7% from the third quarter. With hedge funds’ sentiment swirling, there exists a few notable hedge fund managers who were upping their stakes meaningfully.

According to our comprehensive database, Steven Cohen’s SAC Capital Advisors had the most valuable position in Talisman Energy Inc. (USA) (NYSE:TLM), worth close to $138 million, comprising 0.7% of its total 13F portfolio. Coming in second is Doug Silverman of Senator Investment Group, with a $43 million position; 0.9% of its 13F portfolio is allocated to the company. Other peers that hold long positions include Ken Griffin’s Citadel Investment Group, Israel Englander’s Millennium Management and Jeffrey Vinik’s Vinik Asset Management.

As one would reasonably expect, some big names have jumped into Talisman Energy Inc. (USA) (NYSE:TLM) headfirst. Senator Investment Group, managed by Doug Silverman, assembled the largest position in Talisman Energy Inc. (USA) (NYSE:TLM). Senator Investment Group had 43 million invested in the company at the end of the quarter. SAC Subsidiary’s CR Intrinsic Investors also initiated a $5 million position during the quarter. The other funds with new positions in the stock are Jim Simons’s Renaissance Technologies, Boaz Weinstein’s Saba Capital, and John Burbank’s Passport Capital.

What do corporate executives and insiders think about Talisman Energy Inc. (USA) (NYSE:TLM)?

Insider purchases made by high-level executives is particularly usable when the company we’re looking at has seen transactions within the past 180 days. Over the latest half-year time period, Talisman Energy Inc. (USA) (NYSE:TLM) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

With the results demonstrated by the aforementioned time-tested strategies, retail investors must always pay attention to hedge fund and insider trading sentiment, and Talisman Energy Inc. (USA) (NYSE:TLM) is no exception.

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.

Comments
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

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

Most Expensive Rum Brands in the World

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!