Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital also made a $20.8 million investment in the stock during the quarter. Maverick Capital had $27.9 million invested in the company at the end of the quarter. ![]() Maverick Capital, managed by Lee Ainslie, initiated the biggest position in Inphi Corporation (NYSE:IPHI). Boardman Bay Capital Management is also relatively very bullish on the stock, earmarking 1.54 percent of its 13F equity portfolio to IPHI.Īs aggregate interest increased, some big names were leading the bulls’ herd. In terms of the portfolio weights assigned to each position Cavalry Asset Management allocated the biggest weight to Inphi Corporation (NYSE:IPHI), around 5.27% of its portfolio. Two Sigma Advisors, D E Shaw, and Driehaus Capital were also very fond of the stock, becoming one of the largest hedge fund holders of the company. On the second spot was Renaissance Technologies which amassed $47.2 million worth of shares. With hedge funds’ capital changing hands, there exists an “upper tier” of key hedge fund managers who were adding to their stakes significantly (or already accumulated large positions).Īmong these funds, Citadel Investment Group held the most valuable stake in Inphi Corporation (NYSE:IPHI), which was worth $68.2 million at the end of the third quarter. The graph below displays the number of hedge funds with bullish position in IPHI over the last 17 quarters. What have hedge funds been doing with Inphi Corporation (NYSE:IPHI)?Īt the end of the third quarter, a total of 30 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 15% from the previous quarter. Let’s check out the fresh hedge fund action surrounding Inphi Corporation (NYSE: IPHI). We only rely on the best performing hedge funds‘ buy/sell signals. Unlike the largest US hedge funds that are convinced Dow will soar past 40,000 or the world’s most bearish hedge fund that’s more convinced than ever that a crash is coming, our long-short investment strategy doesn’t rely on bull or bear markets to deliver double digit returns. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. We have been tracking and sharing the list of these stocks since February 2017 and they lost 27.8% through November 21, 2019. We were also able to identify in advance a select group of hedge fund holdings that’ll significantly underperform the market. ![]() ![]() However, we were able to identify in advance a select group of hedge fund holdings that outperformed the Russell 2000 ETFs by 40 percentage points since May 2014 ( see the details here). Our research has shown that hedge funds’ large-cap stock picks indeed failed to beat the market between 19. ![]() Hedge funds’ reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn’t keep up with the unhedged returns of the market indices. Video: Click the image to watch our video about the top 5 most popular hedge fund stocks. Our calculations also showed that IPHI isn’t among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video below for Q2 rankings). Inphi Corporation (NYSE: IPHI) investors should be aware of an increase in enthusiasm from smart money of late.
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