Cymer, Inc. (NASDAQ:CYMI) was in 21 hedge funds’ portfolio at the end of the fourth quarter of 2012. CYMI investors should be aware of an increase in enthusiasm from smart money in recent months. There were 10 hedge funds in our database with CYMI positions at the end of the previous quarter.
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With all of this in mind, it’s important to take a look at the latest action regarding Cymer, Inc. (NASDAQ:CYMI).
What does the smart money think about Cymer, Inc. (NASDAQ:CYMI)?
At the end of the fourth quarter, a total of 21 of the hedge funds we track were bullish in this stock, a change of 110% from one quarter earlier. With the smart money’s sentiment swirling, there exists a few noteworthy hedge fund managers who were boosting their holdings meaningfully.
According to our comprehensive database, Alpine Associates, managed by Robert Emil Zoellner, holds the biggest position in Cymer, Inc. (NASDAQ:CYMI). Alpine Associates has a $125 million position in the stock, comprising 5.1% of its 13F portfolio. Sitting at the No. 2 spot is AQR Capital Management, managed by Cliff Asness, which held a $66 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Other hedge funds with similar optimism include John M. Angelo and Michael L. Gordon’s Angelo Gordon & Co, Tom Sandell’s Sandell Asset Management and John Bader’s Halcyon Asset Management.
Now, specific money managers have jumped into Cymer, Inc. (NASDAQ:CYMI) headfirst. Alpine Associates, managed by Robert Emil Zoellner, established the biggest position in Cymer, Inc. (NASDAQ:CYMI). Alpine Associates had 125 million invested in the company at the end of the quarter. John M. Angelo and Michael L. Gordon’s Angelo Gordon & Co also made a $30 million investment in the stock during the quarter. The following funds were also among the new CYMI investors: Tom Sandell’s Sandell Asset Management, John Bader’s Halcyon Asset Management, and Carl Tiedemann and Michael Tiedemann’s TIG Advisors.
Insider trading activity in Cymer, Inc. (NASDAQ:CYMI)
Insider buying is best served when the company we’re looking at has seen transactions within the past 180 days. Over the latest half-year time frame, Cymer, Inc. (NASDAQ:CYMI) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).
With the returns shown by the aforementioned time-tested strategies, everyday investors must always watch hedge fund and insider trading sentiment, and Cymer, Inc. (NASDAQ:CYMI) is no exception.
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