#LUMN TICKER FREE#

View table here if you experience formatting issues.Īs you can see these stocks had an average of 28.6 hedge funds with bullish positions and the average amount invested in these stocks was $636 million.

This group of stocks’ market valuations resemble LUMN’s market valuation. (NYSE: AAP), Zynga Inc (NASDAQ: ZNGA), News Corp (NASDAQ: NWSA), Teva Pharmaceutical Industries Limited (NYSE: TEVA), Cna Financial Corporation (NYSE: CNA), News Corp (NASDAQ: NWS), and Lennox International Inc. These stocks are Advance Auto Parts, Inc. Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Lumen Technologies, Inc. These transactions are important to note, as aggregate hedge fund interest fell by 2 funds by the end of the fourth quarter. Noam Gottesman’s fund, GLG Partners, also dropped its stock, about $7 million worth. It’s worth mentioning that Philippe Laffont’s Coatue Management sold off the biggest stake of the “upper crust” of funds watched by Insider Monkey, worth close to $7.2 million in stock. (NYSE:LUMN) has witnessed falling interest from the smart money, it’s easy to see that there lies a certain “tier” of hedge funds that decided to sell off their entire stakes by the end of the fourth quarter. Scion Asset Management is also relatively very bullish on the stock, earmarking 4.99 percent of its 13F equity portfolio to LUMN. (NYSE:LUMN), around 14.18% of its 13F portfolio. In terms of the portfolio weights assigned to each position Southeastern Asset Management allocated the biggest weight to Lumen Technologies, Inc. Other investors bullish on the company included Fairfax Financial Holdings, Arrowstreet Capital, and Citadel Investment Group. It was followed by Millennium Management with a $27.7 million position. (NYSE:LUMN) was held by Southeastern Asset Management, which reported holding $634.8 million worth of stock at the end of December. The largest stake in Lumen Technologies, Inc. With the smart money’s capital changing hands, there exists a few notable hedge fund managers who were adding to their holdings meaningfully (or already accumulated large positions). On the other hand, there were a total of 34 hedge funds with a bullish position in LUMN a year ago. Heading into the first quarter of 2021, a total of 29 of the hedge funds tracked by Insider Monkey were long this stock, a change of -6% from one quarter earlier. Do Hedge Funds Think LUMN Is A Good Stock To Buy Now?

#LUMN TICKER FREE#

You can subscribe to our free daily newsletter on our website. With all of this in mind we’re going to take a gander at the key hedge fund action surrounding Lumen Technologies, Inc. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We go through lists like the 10 best biotech stocks under $10 to identify the next stock with 10x upside potential. So, we are taking a closer look at this space.

For example, we heard that billionaire Peter Thiel is backing this psychedelic-drug startup. That’s why we believe hedge fund sentiment is a useful indicator that investors should pay attention to.Īt Insider Monkey we leave no stone unturned when looking for the next great investment idea. Our short strategy outperformed the S&P 500 short ETFs by 20 percentage points annually ( see the details here). Insider Monkey’s monthly stock picks returned 197% since March 2017 and outperformed the S&P 500 ETFs by more than 124 percentage points. We have shown that, historically, those who follow the top picks of the best fund managers can outperform the broader indices by a solid amount. A pair of the most under-the-radar tools are hedge fund and insider trading indicators.

In the financial world there are a large number of tools investors have at their disposal to grade stocks. There were 31 hedge funds in our database with LUMN holdings at the end of September. Our calculations also showed that LUMN isn’t among the 30 most popular stocks among hedge funds (click for Q4 rankings). The all time high for this statistic is 40. (NYSE: LUMN) was in 29 hedge funds’ portfolios at the end of December. The number of bullish hedge fund positions went down by 2 lately. Is LUMN stock a buy? Hedge funds were selling.

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