What Do Hedge Funds Think of China Ceramics Co Ltd (CCCL)?

Page 1 of 2

At Insider Monkey, we pore over the filings of more than 700 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this article, we will use that wealth of knowledge to determine whether or not China Ceramics Co Ltd (NASDAQ:CCCL) makes for a good investment right now.

Is China Ceramics Co Ltd  a bargain? Prominent investors are becoming less hopeful. The number of bullish hedge fund positions were trimmed by 1 in recent months. CCCL was in 4 hedge funds’ portfolios at the end of September. There were 5 hedge funds in our database with CCCL positions at the end of the previous quarter. At the end of this article we will also compare CCCL to other stocks including Speed Commerce Inc (NASDAQ:SPDC), InspireMD Inc (NYSEMKT:NSPR), and Lincoln Educational Services Corporation (NASDAQ:LINC) to get a better sense of its popularity.

Follow Antelope Enterprise Holdings Limited

In the 21st century investor’s toolkit there are dozens of methods market participants put to use to analyze stocks. Some of the most innovative methods are hedge fund and insider trading signals. Our experts have shown that, historically, those who follow the top picks of the elite hedge fund managers can outclass their index-focused peers by a superb amount (see the details here).

Now, let’s take a glance at the fresh action surrounding China Ceramics Co Ltd (NASDAQ:CCCL).

What does the smart money think about China Ceramics Co Ltd (NASDAQ:CCCL)?

At Q3’s end, a total of 4 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of -20% from the second quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of notable hedge fund managers who were boosting their holdings substantially (or already accumulated large positions).

According to publicly available hedge fund and institutional investor holdings data compiled by Insider Monkey, Prescott Group Capital Management, managed by Phil Frohlich, holds the biggest position in China Ceramics Co Ltd (NASDAQ:CCCL). Prescott Group Capital Management has a $1.3 million position in the stock, comprising 0.3% of its 13F portfolio. Coming in second is Dorset Management, led by David M. Knott, holding a $0.3 million position; 0.1% of its 13F portfolio is allocated to the stock. Other professional money managers that are bullish include Jim Simons’s Renaissance Technologies, and Ken Griffin’s Citadel Investment Group .

Page 1 of 2