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.

What Smart Money Thinks Of LG Display Co Ltd. (ADR) (LPL)?

Page 1 of 2

Insider Monkey has processed numerous 13F filings of hedge funds and famous investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds and investors’ positions as of the end of the third quarter. You can find write-ups about an individual hedge fund’s trades on numerous financial news websites. However, in this article we will take a look at their collective moves and analyze what the smart money thinks of LG Display Co Ltd. (ADR) (NYSE:LPL) based on that data.

Is LG Display Co Ltd. (ADR) (NYSE:LPL) worth your attention right now? Hedge funds are in a pessimistic mood. The number of long hedge fund positions stayed the same at 13, which is a slightly negative development in our experience. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity, but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Apollo Global Management LLC (NYSE:APO), SS and C Technologies Holdings Inc (NASDAQ:SSNC), and Qorvo Inc (NASDAQ:QRVO) to gather more data points.

Follow L G Display Co Ltd (NYSE:LPL)
Trade (NYSE:LPL) Now!

Today there are numerous formulas stock traders use to appraise publicly traded companies. Some of the less known formulas are hedge fund and insider trading moves. We have shown that, historically, those who follow the best picks of the elite hedge fund managers can outpace the broader indices by a superb margin (see the details here).

With all of this in mind, let’s take a gander at the new action encompassing LG Display Co Ltd. (ADR) (NYSE:LPL).

What does the smart money think about LG Display Co Ltd. (ADR) (NYSE:LPL)?

At the end of the third quarter, a total of 13 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 0% from one quarter earlier. With hedge funds’ capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were boosting their holdings significantly (or already accumulated large positions).

According to publicly available hedge fund and institutional investor holdings data compiled by Insider Monkey, Arrowstreet Capital, managed by Peter Rathjens, Bruce Clarke and John Campbell, holds the largest position in LG Display Co Ltd. (ADR) (NYSE:LPL). Arrowstreet Capital has a $4.8 million position in the stock, comprising less than 0.1%% of its 13F portfolio. Sitting at the No. 2 spot is Two Sigma Advisors, led by John Overdeck and David Siegel, holding an $3.6 million position; less than 0.1%% of its 13F portfolio is allocated to the stock. Other members of the smart money that are bullish consist of William B. Gray’s Orbis Investment Management, Simon Sadler’s Segantii Capital and Israel Englander’s Millennium Management.

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...

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!