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.

What Do Hedge Funds Think Of Lionbridge Technologies, Inc. (LIOX)?

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed over the past few years. However, hedge funds are generally partially hedged and aim at delivering attractive risk-adjusted returns rather than following the ups and downs of equity markets hoping that they will outperform the broader market. Our research shows that hedge funds do have great stock picking skills, so let’s take a glance at the smart money sentiment towards Lionbridge Technologies, Inc. (NASDAQ:LIOX).

Is Lionbridge Technologies, Inc. (NASDAQ:LIOX) a worthy investment today? Hedge funds are taking a bullish view. The number of bullish hedge fund bets advanced by 1 lately. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Sorrentto Therapeutics Inc (NASDAQ:SRNE), Amyris Inc (NASDAQ:AMRS), and Telenav Inc (NASDAQ:TNAV) to gather more data points.

Follow Lionbridge Technologies Inc (NASDAQ:LIOX)
Trade (NASDAQ:LIOX) Now!

Now, let’s go over the fresh action regarding Lionbridge Technologies, Inc. (NASDAQ:LIOX).

What have hedge funds been doing with Lionbridge Technologies, Inc. (NASDAQ:LIOX)?

Heading into Q4, a total of 16 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 7% from one quarter earlier. With hedgies’ capital changing hands, there exists a select group of notable hedge fund managers who were boosting their stakes considerably (or already accumulated large positions).

When looking at the institutional investors followed by Insider Monkey, Glenn J. Krevlin’s Glenhill Advisors has the number one position in Lionbridge Technologies, Inc. (NASDAQ:LIOX), worth close to $37.8 million, amounting to 3% of its total 13F portfolio. Coming in second is Portolan Capital Management, led by George McCabe, holding an $8.2 million position; the fund has 1.1% of its 13F portfolio invested in the stock. Other peers that hold long positions comprise Jim Simons’s Renaissance Technologies, Israel Englander’s Millennium Management and Phil Frohlich’s Prescott Group Capital Management.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.