Why Are These Stocks Tanking Today?

Our data shows hedge funds are ambivalent on Clean Energy Fuels Corp (NASDAQ:CLNE). A total of 12 funds reported stakes worth $8.38 million (representing 1.70% of the float) in the latest round of 13F filings, versus six funds and $2.34 million respectively a quarter earlier. D E Shaw owns 481,197 shares.

Elite investors are divided on Stone Energy Corporation (NYSE:SGY) as well. 13 funds owned 11% of the float, or roughly $80.76 million worth of shares at the end of the second quarter, versus 13 funds with $95.79 million in shares in the first quarter. 19.43% of the float is short. Israel Englander‘s Millennium Management increased its position by 1% to 2.22 million shares, while Paul Reeder and Edward Shapiro’s PAR Capital Management cut its stake by 58% to 900,000 shares.

According to SEC filings, elite investors are the most bullish on Apollo Education of today’s four red stocks.

Disclosure: None