Should You Buy Vodafone Group Plc (ADR) (VOD)?

Page 1 of 2

Vodafone Group Plc (ADR) (NASDAQ:VOD) shareholders have witnessed an increase in hedge fund interest lately.

Vodafone Group Plc (ADR) (NASDAQ:VOD)At the moment, there are dozens of methods shareholders can use to analyze their holdings. Some of the most under-the-radar are hedge fund and insider trading activity. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the best investment managers can beat the S&P 500 by a significant margin (see just how much).

Equally as beneficial, bullish insider trading activity is a second way to parse down the financial markets. There are plenty of stimuli for an upper level exec to drop shares of his or her company, but just one, very clear reason why they would behave bullishly. Many academic studies have demonstrated the useful potential of this strategy if shareholders understand where to look (learn more here).

Keeping this in mind, we’re going to take a peek at the recent action regarding Vodafone Group Plc (ADR) (NASDAQ:VOD).

How are hedge funds trading Vodafone Group Plc (ADR) (NASDAQ:VOD)?

At the end of the first quarter, a total of 50 of the hedge funds we track held long positions in this stock, a change of 47% from the first quarter.

As aggregate interest increased, key hedge funds were breaking ground themselves. First Pacific Advisors LLC, managed by Robert Rodriguez and Steven Romick, created the biggest position in Vodafone Group Plc (ADR) (NASDAQ:VOD). First Pacific Advisors LLC had 127.8 million invested in the company at the end of the quarter. John Paulson’s Paulson & Co also initiated a $79.5 million position during the quarter. The other funds with brand new VOD positions are James Dinan’s York Capital Management, Keith Meister’s Corvex Capital, and Anthony Bozza’s Lakewood Capital Management.

What have insiders been doing with Vodafone Group Plc (ADR) (NASDAQ:VOD)?

Bullish insider trading is particularly usable when the company in focus has experienced transactions within the past 180 days. Over the last 180-day time frame, Vodafone Group Plc (ADR) (NASDAQ:VOD) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s also review hedge fund and insider activity in other stocks similar to Vodafone Group Plc (ADR) (NASDAQ:VOD). These stocks are Rogers Communications Inc. (USA) (NYSE:RCI), Telefonica Brasil SA (ADR) (NYSE:VIV), China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU), America Movil SAB de CV (ADR) (NYSE:AMX), and China Mobile Ltd. (ADR) (NYSE:CHL). This group of stocks are in the 0 industry and their market caps are similar to VOD’s market cap.

Page 1 of 2