Do Hedge Funds Love Charter Communications, Inc. (CHTR)?

At Insider Monkey we follow around 800 of the best-performing investors and even though many of them lost money in the last several months, the history teaches us that over the long-run they still manage to beat the market, which is why it can be profitable for us to imitate their activity. Of course, even the best money managers can sometimes get it wrong, but following some of their picks gives us a better chance to outperform the crowd than picking a random stock and this is where our research comes in.

Charter Communications, Inc. (NASDAQ:CHTR) shareholders have witnessed a slight increase in hedge fund sentiment in recent months. CHTR was in 89 hedge funds’ portfolios at the end of the fourth quarter of 2015. There were 87 hedge funds in our database with CHTR positions at the end of the previous quarter. At the end of this article we will also compare CHTR to other stocks, including Southern Copper Corp (NYSE:SCCO), Intuitive Surgical, Inc. (NASDAQ:ISRG), and Incyte Corporation (NASDAQ:INCY) to get a better sense of its popularity.

In today’s marketplace there are numerous gauges investors use to size up publicly traded companies. Two of the less known gauges are hedge fund and insider trading signals. Our experts have shown that, historically, those who follow the best picks of the best money managers can outclass the market by a solid amount (see the details here).