Equifax Inc. (NYSE:EFX) was in 26 hedge funds’ portfolio at the end of December. EFX shareholders have witnessed an increase in hedge fund sentiment lately. There were 25 hedge funds in our database with EFX holdings at the end of the previous quarter.
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With all of this in mind, it’s important to take a glance at the key action surrounding Equifax Inc. (NYSE:EFX).
How are hedge funds trading Equifax Inc. (NYSE:EFX)?
In preparation for this year, a total of 26 of the hedge funds we track were long in this stock, a change of 4% from the third quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists an “upper tier” of noteworthy hedge fund managers who were boosting their holdings meaningfully.
According to our comprehensive database, Ricky Sandler’s Eminence Capital had the most valuable position in Equifax Inc. (NYSE:EFX), worth close to $56 million billion, comprising 1.7% of its total 13F portfolio. Coming in second is Columbus Circle Investors, managed by Donald Chiboucis, which held a $40 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Remaining peers that hold long positions include Cliff Asness’s AQR Capital Management, D. E. Shaw’s D E Shaw and David Harding’s Winton Capital Management.
As industrywide interest jumped, key hedge funds were leading the bulls’ herd. Catapult Capital Management, managed by Israel Englander, established the biggest position in Equifax Inc. (NYSE:EFX). Catapult Capital Management had 1 million invested in the company at the end of the quarter. Andy Redleaf’s Whitebox Advisors also initiated a $1 million position during the quarter. The only other fund with a brand new EFX position is J. Alan Reid, Jr.’s Forward Management.
How have insiders been trading Equifax Inc. (NYSE:EFX)?
Insider buying is best served when the company we’re looking at has experienced transactions within the past 180 days. Over the latest six-month time period, Equifax Inc. (NYSE:EFX) has seen zero unique insiders buying, and 9 insider sales (see the details of insider trades here).
With the returns demonstrated by the aforementioned research, everyday investors must always keep an eye on hedge fund and insider trading activity, and Equifax Inc. (NYSE:EFX) is an important part of this process.
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