Windstream Corporation (WIN) Data You Can’t Afford To Miss

Page 1 of 2

Windstream Corporation (NASDAQ:WIN) is a widely discussed stock, but here’s one reason why the bears may win the argument for the rest of 2013.

If you were to ask many of your fellow readers, hedge funds are perceived as useless, old investment tools of a forgotten age. Although there are over 8,000 hedge funds with their doors open today, this site looks at the top tier of this club, about 525 funds. It is widely held that this group oversees the majority of all hedge funds’ total capital, and by keeping an eye on their highest performing stock picks, we’ve identified a number of investment strategies that have historically outstripped the S&P 500. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points annually 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 beaten the S&P 500 index by 33 percentage points in 11 months (explore the details and some picks here).

Equally as necessary, optimistic insider trading activity is a second way to look at the stock market universe. There are plenty of reasons for an executive to drop shares of his or her company, but only one, very clear reason why they would initiate a purchase. Several academic studies have demonstrated the market-beating potential of this strategy if shareholders understand what to do (learn more here).

Keeping this in mind, it’s important to discuss the recent info surrounding Windstream Corporation (NASDAQ:WIN).

Hedge fund activity in Windstream Corporation (NASDAQ:WIN)

In preparation for the third quarter, a total of 11 of the hedge funds we track were long in this stock, a change of -31% from the first quarter. With hedgies’ capital changing hands, there exists an “upper tier” of notable hedge fund managers who were boosting their stakes substantially.

Windstream Corporation (NASDAQ:WIN)Out of the hedge funds we follow, Nokomis Capital, managed by Brett Hendrickson, holds the largest position in Windstream Corporation (NASDAQ:WIN). Nokomis Capital has a $12.7 million position in the stock, comprising 5.1% of its 13F portfolio. Sitting at the No. 2 spot is Robert Pitts of Steadfast Capital Management, with a $10.6 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Other hedge funds that hold long positions include D. E. Shaw’s D E Shaw, Jeffrey Jon Berney’s TriOaks Capital Management and Ken Griffin’s Citadel Investment Group.

Because Windstream Corporation (NASDAQ:WIN) has experienced a fall in interest from the smart money’s best and brightest, we can see that there is a sect of money managers who were dropping their entire stakes heading into Q2. Intriguingly, Patrick Halloran’s Wayzata Investment Partners dropped the biggest investment of the 450+ funds we track, worth an estimated $19.3 million in stock, and Glenn Russell Dubin of Highbridge Capital Management was right behind this move, as the fund sold off about $5.5 million worth. These transactions are interesting, as aggregate hedge fund interest fell by 5 funds heading into Q2.

What do corporate executives and insiders think about Windstream Corporation (NASDAQ:WIN)?

Bullish insider trading is at its handiest when the company in focus has seen transactions within the past six months. Over the latest 180-day time frame, Windstream Corporation (NASDAQ:WIN) has seen 4 unique insiders buying, and 1 insider sales (see the details of insider trades here).

We’ll also examine the relationship between both of these indicators in other stocks similar to Windstream Corporation (NASDAQ:WIN). These stocks are Chunghwa Telecom Co., Ltd (ADR) (NYSE:CHT), Atlantic Tele-Network, Inc. (NASDAQ:ATNI), CenturyLink, Inc. (NYSE:CTL), TW Telecom Inc (NASDAQ:TWTC), and Frontier Communications Corp (NASDAQ:FTR). This group of stocks are the members of the telecom services – domestic industry and their market caps match WIN’s market cap.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

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!