What Hedge Funds Think About International Paper Company (IP)

Page 1 of 2

International Paper Company (NYSE:IP) is a steady member of many investors’ portfolios. So what are its richest investors doing to make piggybackers so bullish?

In the eyes of many market players, hedge funds are assumed to be delayed, outdated financial tools of an era lost to time. Although there are over 8,000 hedge funds trading today, this site aim at the leaders of this group, close to 525 funds. Analysts calculate that this group has its hands on the lion’s share of the smart money’s total capital, and by watching their best equity investments, we’ve identified a number of investment strategies that have historically outstripped the broader indices. Our small-cap hedge fund strategy outpaced the S&P 500 index by 18 percentage points per year for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have outclassed the S&P 500 index by 33 percentage points in 11 months (see all of our picks from August).

Equally as key, optimistic insider trading activity is a second way to look at the financial markets. As the old adage goes: there are many reasons for an executive to drop shares of his or her company, but only one, very clear reason why they would buy. Several academic studies have demonstrated the market-beating potential of this tactic if piggybackers understand what to do (learn more here).

What’s more, we’re going to discuss the latest info about International Paper Company (NYSE:IP).

International Paper Company (NYSE:IP)How have hedgies been trading International Paper Company (NYSE:IP)?

Heading into Q3, a total of 50 of the hedge funds we track were long in this stock, a change of 6% from one quarter earlier. With hedge funds’ sentiment swirling, there exists a select group of notable hedge fund managers who were increasing their stakes significantly.

Out of the hedge funds we follow, Third Point, managed by Dan Loeb, holds the largest position in International Paper Company (NYSE:IP). Third Point has a $199.4 million position in the stock, comprising 4.5% of its 13F portfolio. On Third Point’s heels is Senator Investment Group, managed by Doug Silverman and Alexander Klabin, which held a $181.7 million position; 2.8% of its 13F portfolio is allocated to the company. Some other hedge funds with similar optimism include D. E. Shaw’s D E Shaw, Sean Cullinan’s Point State Capital and Israel Englander’s Millennium Management.

As industrywide interest increased, certain bigger names were breaking ground themselves. Third Point, managed by Dan Loeb, created the most outsized position in International Paper Company (NYSE:IP). Third Point had 199.4 million invested in the company at the end of the quarter. Doug Silverman and Alexander Klabin’s Senator Investment Group also made a $181.7 million investment in the stock during the quarter. The other funds with brand new IP positions are D. E. Shaw’s D E Shaw, Sean Cullinan’s Point State Capital, and Israel Englander’s Millennium Management.

How have insiders been trading International Paper Company (NYSE:IP)?

Insider buying is most useful when the company we’re looking at has experienced transactions within the past 180 days. Over the last 180-day time period, International Paper Company (NYSE:IP) has experienced zero unique insiders purchasing, and 14 insider sales (see the details of insider trades here).

#N/A

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 44 percentage points in 21 months Learn how!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

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!