VCA Antech Inc (NASDAQ:WOOF) was in 17 hedge funds’ portfolio at the end of December. WOOF has seen an increase in enthusiasm from smart money of late. There were 14 hedge funds in our database with WOOF holdings at the end of the previous quarter.
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With these “truths” under our belt, we’re going to take a peek at the latest action encompassing VCA Antech Inc (NASDAQ:WOOF).
What does the smart money think about VCA Antech Inc (NASDAQ:WOOF)?
In preparation for this year, a total of 17 of the hedge funds we track were bullish in this stock, a change of 21% from one quarter earlier. With hedge funds’ capital changing hands, there exists an “upper tier” of key hedge fund managers who were increasing their holdings substantially.
When looking at the hedgies we track, P2 Capital Partners, managed by Claus Moller, holds the biggest position in VCA Antech Inc (NASDAQ:WOOF). P2 Capital Partners has a $52 million position in the stock, comprising 10% of its 13F portfolio. The second largest stake is held by Pzena Investment Management, managed by Richard S. Pzena, which held a $35 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Remaining hedge funds with similar optimism include Thomas Steyer’s Farallon Capital, Ricky Sandler’s Eminence Capital and Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital.
As one would reasonably expect, key hedge funds were leading the bulls’ herd. Eminence Capital, managed by Ricky Sandler, initiated the most valuable position in VCA Antech Inc (NASDAQ:WOOF). Eminence Capital had 22 million invested in the company at the end of the quarter. Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital also initiated a $19 million position during the quarter. The other funds with new positions in the stock are Xerion, Joel Greenblatt’s Gotham Asset Management, and Phill Gross and Robert Atchinson’s Adage Capital Management.
What have insiders been doing with VCA Antech Inc (NASDAQ:WOOF)?
Insider buying is at its handiest when the company in question has seen transactions within the past six months. Over the latest 180-day time period, VCA Antech Inc (NASDAQ:WOOF) has seen zero unique insiders purchasing, and 2 insider sales (see the details of insider trades here).
With the results shown by Insider Monkey’s tactics, everyday investors must always pay attention to hedge fund and insider trading sentiment, and VCA Antech Inc (NASDAQ:WOOF) shareholders fit into this picture quite nicely.
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