Ventas, Inc. (NYSE:VTR) investors should pay attention to a decrease in support from the world’s most elite money managers lately.
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With all of this in mind, we’re going to take a peek at the key action surrounding Ventas, Inc. (NYSE:VTR).
How have hedgies been trading Ventas, Inc. (NYSE:VTR)?
At Q1’s end, a total of 12 of the hedge funds we track were bullish in this stock, a change of -25% from the first quarter. With hedgies’ capital changing hands, there exists a select group of notable hedge fund managers who were upping their stakes significantly.
Of the funds we track, Jeffrey Furber’s AEW Capital Management had the most valuable position in Ventas, Inc. (NYSE:VTR), worth close to $203.9 million, comprising 5.1% of its total 13F portfolio. Coming in second is Citadel Investment Group, managed by Ken Griffin, which held a $98.4 million position; 0.1% of its 13F portfolio is allocated to the stock. Other hedgies with similar optimism include Phill Gross and Robert Atchinson’s Adage Capital Management, Cliff Asness’s AQR Capital Management and David Harding’s Winton Capital Management.
Judging by the fact that Ventas, Inc. (NYSE:VTR) has experienced bearish sentiment from the entirety of the hedge funds we track, logic holds that there is a sect of hedgies who sold off their positions entirely heading into Q2. It’s worth mentioning that Jacob Gottlieb’s Visium Asset Management sold off the biggest investment of all the hedgies we watch, worth about $89.2 million in stock.. Jim Simons’s fund, Renaissance Technologies, also cut its stock, about $6.3 million worth. These moves are important to note, as total hedge fund interest fell by 4 funds heading into Q2.
How are insiders trading Ventas, Inc. (NYSE:VTR)?
Insider trading activity, especially when it’s bullish, is at its handiest when the company in question has experienced transactions within the past six months. Over the latest 180-day time period, Ventas, Inc. (NYSE:VTR) has experienced zero unique insiders buying, and 5 insider sales (see the details of insider trades here).
Let’s check out hedge fund and insider activity in other stocks similar to Ventas, Inc. (NYSE:VTR). These stocks are Healthcare Realty Trust Inc (NYSE:HR), Healthcare Trust Of America Inc (NYSE:HTA), Omega Healthcare Investors Inc (NYSE:OHI), Health Care REIT, Inc. (NYSE:HCN), and HCP, Inc. (NYSE:HCP). This group of stocks are in the reit – healthcare facilities industry and their market caps match VTR’s market cap.