Nielsen NV (NLSN) Explores Sale Of Film Tracking Division: Is It A Good Stock To Buy Now?

How are hedge funds trading Nielsen Hldg NV (NYSE:NLSN)?

At the end of the first quarter, a total of 29 of the hedge funds tracked by Insider Monkey held long positions in this stock, unchanged from one quarter earlier.

According to hedge fund intelligence website Insider Monkey, Platinum Asset Management, managed by Kerr Neilson, holds the number one position in Nielsen NV (NYSE:NLSN). Platinum Asset Management has a $150.6 million position in the stock, comprising 3% of its 13F portfolio. Sitting on the No. 2 spot is Generation Investment Management, led by David Blood and Al Gore, holding a $108.5 million position. The fund has 1.5% of its 13F portfolio invested in the stock. Remaining hedge funds that hold long positions include John A. Levin’s Levin Capital Strategies, Daniel Bubis’ Tetrem Capital Management, and Paul Marshall and Ian Wace’s Marshall Wace LLP.

On the flip side of the coin, some hedge funds have unloaded large stakes in Nielsen NV (NYSE:NLSN). Intriguingly, Daniel S. Och’s OZ Management dumped the biggest stake of all the hedgies watched by Insider Monkey, worth about $13.1 million in stock, while Phill Gross and Robert Atchinson of Adage Capital Management were right behind this move, as the fund managers said goodbye to about $6.3 million worth of stock.

Taking into account the generally bullish hedge fund sentiment and the move by the company to divest itself of a business that the market is applauding, we recommend a long position in Nielsen NV (NYSE:NLSN).

Disclosure: None