Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is Model N Inc (MODN) Worthy of Your Portfolio?

Page 1 of 2

Reputable billionaire investors such as Nelson Peltz and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won’t accept your savings unless you commit at least $5 million) by pinpointing winning small-cap stocks. There is little or no publicly-available information at all on some of these small companies, which makes it hard for an individual investor to pin down a winner within the small-cap space. However, hedge funds and other big asset managers can do the due diligence and analysis for you instead, thanks to their highly-skilled research teams and vast resources to conduct an appropriate evaluation process. Looking for potential winners within the small-cap galaxy of stocks? We believe following the smart money is a good starting point.

In this article, we are going to take a closer look at Model N Inc (NYSE:MODN). Overall, the stock didn’t see a lot of action during the third quarter and the hedge fund sentiment was unchanged. The stock was included in the portfolios of 13 funds from our database at the end of September. At the end of this article we will also compare MODN to other stocks including Aquinox Pharmaceuticals Inc (NASDAQ:AQXP), Luxfer Holdings PLC (ADR) (NYSE:LXFR), and FRP Holdings Inc (NASDAQ:FRPH) to get a better sense of its popularity.

At Insider Monkey, we’ve developed an investment strategy that has delivered market-beating returns over the past 12 months. Our strategy identifies the 100 best-performing funds of the previous quarter from among the collection of 700+ successful funds that we track in our database, which we accomplish using our returns methodology. We then study the portfolios of those 100 funds using the latest 13F data to uncover the 30 most popular mid-cap stocks (market caps of between $1 billion and $10 billion) among them to hold until the next filing period. This strategy delivered 18% gains over the past 12 months, more than doubling the 8% returns enjoyed by the S&P 500 ETFs.

bug, code, search, bit, browsing, technological, failure, cracking, debug, cyberspace, fail, binary, debugging, data, digital, scan, magnifying, black, technology, security, hacking, computer, scanning, magnification, attack, lens, crime, science, problem, damaged, informatics, zoom, access, information, background, virtual, criminal, software,

andriano.cz/Shutterstock.com

With all of this in mind, we’re going to take a gander at the new action regarding Model N Inc (NYSE:MODN).

What have hedge funds been doing with Model N Inc (NYSE:MODN)?

Heading into the fourth quarter of 2016, a total of 13 of the hedge funds tracked by Insider Monkey were bullish on this stock, unchanged over the quarter. Below, you can check out the change in hedge fund sentiment towards MODN over the last five quarters. With hedgies’ sentiment swirling, there exists a select group of noteworthy hedge fund managers who were upping their stakes considerably (or already accumulated large positions).

HedgeFundSentimentChart

According to Insider Monkey’s hedge fund database, George Soros’ Soros Fund Management holds the most valuable position in Model N Inc (NYSE:MODN). Soros Fund Management has a $30 million position in the stock. The second most bullish fund manager is Robert G. Moses’ RGM Capital which holds a $26.9 million position; 3% of its 13F portfolio is allocated to the stock. Some other hedge funds and institutional investors with similar optimism encompass Jeremy Green’s Redmile Group, Renaissance Technologies, one of the largest hedge funds in the world, and Brandon Osten’s Venator Capital Management. We should note that two of these hedge funds (Soros Fund Management and RGM Capital) are among our list of the 100 best performing hedge funds which is based on the performance of their 13F long positions in non-microcap stocks.

Page 1 of 2
Loading...