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

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!