AerCap Holdings N.V. (NYSE:AER) has experienced a decrease in hedge fund interest in recent months.
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With these “truths” under our belt, let’s take a look at the latest action encompassing AerCap Holdings N.V. (NYSE:AER).
What does the smart money think about AerCap Holdings N.V. (NYSE:AER)?
In preparation for this year, a total of 16 of the hedge funds we track held long positions in this stock, a change of -6% from the previous quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their stakes substantially.
When looking at the hedgies we track, Blue Harbour Group, managed by Clifton S. Robbins, holds the largest position in AerCap Holdings N.V. (NYSE:AER). Blue Harbour Group has a $41 million position in the stock, comprising 4.6% of its 13F portfolio. Coming in second is Citadel Investment Group, managed by Ken Griffin, which held a $22 million position; the fund has 0% of its 13F portfolio invested in the stock. Remaining hedge funds with similar optimism include Anand Parekh’s Alyeska Investment Group, D. E. Shaw’s D E Shaw and Charles Davidson’s Wexford Capital.
Judging by the fact that AerCap Holdings N.V. (NYSE:AER) has experienced falling interest from the entirety of the hedge funds we track, it’s safe to say that there were a few hedge funds who sold off their entire stakes last quarter. Interestingly, James Dondero’s Highland Capital Management sold off the largest stake of the “upper crust” of funds we key on, worth an estimated $5 million in stock.. Louis Bacon’s fund, Moore Global Investments, also cut its call options., about $3 million worth. These moves are important to note, as total hedge fund interest dropped by 1 funds last quarter.
Insider trading activity in AerCap Holdings N.V. (NYSE:AER)
Bullish insider trading is at its handiest when the company in question has seen transactions within the past 180 days. Over the latest 180-day time frame, AerCap Holdings N.V. (NYSE:AER) has experienced zero unique insiders buying, and 2 insider sales (see the details of insider trades here).
With the results exhibited by our time-tested strategies, retail investors must always keep an eye on hedge fund and insider trading sentiment, and AerCap Holdings N.V. (NYSE:AER) is no exception.
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