Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

UCP Inc (UCP): Are Hedge Funds Right About This Stock?

Page 1 of 2

Hedge fund managers like David Einhorn, Dan Loeb, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing their quarterly 13F filings. One of the most fertile grounds for large abnormal returns is hedge funds’ most popular small-cap picks, which are not so widely followed and often trade at a discount to their intrinsic value. In this article we will check out hedge fund activity in another small-cap stock: UCP Inc (NYSE:UCP).

UCP Inc (NYSE:UCP) shares haven’t seen a lot of action during the third quarter. Overall, hedge fund sentiment was unchanged. The stock was in 5 hedge funds’ portfolios at the end of the third quarter of 2015. At the end of this article we will also compare UCP to other stocks including Hutchinson Technology Incorporated (NASDAQ:HTCH), iCAD Inc (NASDAQ:ICAD), and Galectin Therapeutics Inc. (NASDAQ:GALT) to get a better sense of its popularity.

Follow Ucp Inc. (NYSE:(UCP))
Trade (NYSE:(UCP)) Now!

To most traders, hedge funds are perceived as unimportant, outdated financial tools of yesteryear. While there are greater than an 8000 funds in operation today, Our experts hone in on the upper echelon of this club, approximately 700 funds. These hedge fund managers manage most of the smart money’s total capital, and by paying attention to their top equity investments, Insider Monkey has determined several investment strategies that have historically outrun the S&P 500 index. Insider Monkey’s small-cap hedge fund strategy outrun the S&P 500 index by 12 percentage points annually for a decade in their back tests.

With all of this in mind, let’s take a glance at the key action regarding UCP Inc (NYSE:UCP).

Hedge fund activity in UCP Inc (NYSE:UCP)

At Q3’s end, a total of 5 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 0% from the second quarter. With the smart money’s capital changing hands, there exists an “upper tier” of key hedge fund managers who were increasing their holdings significantly (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Buckingham Capital Management, managed by David Keidan, holds the largest position in UCP Inc (NYSE:UCP). Buckingham Capital Management has a $6.9 million position in the stock, comprising 0.6% of its 13F portfolio. Coming in second is Central Square Management, managed by Kelly Cardwell, which holds a $3.7 million position; the fund has 3.9% of its 13F portfolio invested in the stock. Remaining hedge funds and institutional investors that hold long positions comprise Martin Whitman’s Third Avenue Management, David Cohen and Harold Levy’s Iridian Asset Management and Joseph A. Jolson’s Harvest Capital Strategies.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!