Hedge Fund - First Pacific Advisors LLC

At the moment, there are tons of metrics shareholders can use to monitor publicly traded companies. Some of the most innovative are hedge fund and insider trading interest.

In the financial world, there are plenty of indicators investors can use to watch Mr. Market. A pair of the most innovative are hedge fund and insider trading activity.

If you were to ask many of your fellow readers, hedge funds are perceived as useless, outdated financial tools of a forgotten age.

Occidental Petroleum Corporation (NYSE:OXY) is up a modest 12% in 2013, and is considered a key player in the natural gas and NGL market, specifically in shale.

Walgreen Company (NYSE:WAG) has had a very good 2013--up over 30% in market value--as it has won back a significant amount of its customers from the Express Scripts saga.

At Insider Monkey, we've found that the best picks of the best hedge funds can beat the market if you know where to look (Learn more about our strategy here.) In case you're interested in how to be a...