Hedge funds and other investment firms run by legendary investors like Israel Englander and Ray Dalio are entrusted to manage billions of dollars of accredited investors’ money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to invest a greater amount of their resources in small-cap stocks than big brokerage houses, and this is often where they generate their outperformance, which is why we pay particular attention to their best ideas in this space.
Time Warner Inc (NYSE:TWX) investors should pay attention to an increase in hedge fund interest of late. TWX was in 69 hedge funds’ portfolios at the end of the third quarter of 2015. There were 68 hedge funds in our database with TWX positions at the end of the previous quarter. At the end of this article we will also compare TWX to other stocks including Telefonica S.A. (ADR) (NYSE:TEF), America Movil SAB de CV (ADR) (NYSE:AMX), and Royal Bank of Scotland Group plc (ADR) (NYSE:RBS) to get a better sense of its popularity.
To the average investor, there is a multitude of metrics stock traders put to use to value stocks. A pair of the less known metrics is composed of hedge fund and insider trading activity. Our experts have shown that, historically, those who follow the best picks of the top investment managers can beat the S&P 500 by a superb amount (see the details here).
Now, let’s analyze the key action surrounding Time Warner Inc (NYSE:TWX).
How have hedgies been trading Time Warner Inc (NYSE:TWX)?
At Q3’s end, a total of 69 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 1% from the previous quarter. With the smart money’s capital changing hands, there exist a few key hedge fund managers who were upping their holdings considerably (or already accumulated large positions).
Of the funds tracked by Insider Monkey, Daniel S. Och’s OZ Management has the most valuable position in Time Warner Inc (NYSE:TWX), worth close to $804.9 million, amounting to 2.8% of its total 13F portfolio. Sitting at the No. 2 spot is Citadel Investment Group, managed by Ken Griffin, which holds an $301.3 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Remaining professional money managers that hold long positions comprise Barry Rosenstein’s JANA Partners, D. E. Shaw’s D E Shaw, and David Einhorn’s Greenlight Capital.