Is Anadarko Petroleum Corporation (APC) Going to Burn These Hedge Funds?

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Let’s now review hedge fund activity in other stocks similar to Anadarko Petroleum Corporation (NYSE:APC). We will take a look at Telecom Italia S.p.A. (ADR) (NYSE:TI), Banco Bradesco SA (ADR) (NYSE:BBD), Sherwin-Williams Company (NYSE:SHW), and Deere & Company (NYSE:DE). This group of stocks’ market values are similar to APC’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
TI 4 3440 1
BBD 9 63451 -2
SHW 43 1910850 -2
DE 28 3276234 -7

As you can see these stocks had an average of 21 hedge funds with bullish positions and the average amount invested in these stocks was $1.31 billion. That figure was $2.57 billion in APC’s case. Sherwin-Williams Company (NYSE:SHW) is the most popular stock in this table. On the other hand Telecom Italia S.p.A. (ADR) (NYSE:TI) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks Anadarko Petroleum Corporation (NYSE:APC) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

Disclosure: None

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