Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our overall hedge fund sentiment score for WKHS is 56.7. (NASDAQ:WKHS) is not the least popular stock in this group but hedge fund interest is still below average. (NASDAQ: NBTB) is the least popular one with only 6 bullish hedge fund positions. (NASDAQ: AAWW) is the most popular stock in this table. That figure was $97 million in WKHS's case. View table here if you experience formatting issues.Īs you can see these stocks had an average of 18 hedge funds with bullish positions and the average amount invested in these stocks was $182 million. This group of stocks' market values are similar to WKHS's market value. (NASDAQ: KYMR), Evolent Health Inc (NYSE: EVH), and NBT Bancorp Inc. (NASDAQ: SILK), Kymera Therapeutics, Inc. (NASDAQ: ATSG), Atlas Air Worldwide Holdings, Inc. These stocks are Sykes Enterprises, Incorporated (NASDAQ: SYKE), Air Transport Services Group Inc. Let's go over hedge fund activity in other stocks similar to Workhorse Group, Inc. These transactions are important to note, as total hedge fund interest stayed the same (this is a bearish signal in our experience). Interestingly, Shashin Shah's Think Investments cut the biggest stake of all the hedgies tracked by Insider Monkey, totaling close to $12 million in stock, and Till Bechtolsheimer's Arosa Capital Management was right behind this move, as the fund dumped about $10.2 million worth. (NASDAQ:WKHS) has experienced a decline in interest from hedge fund managers, we can see that there were a few hedgies that elected to cut their positions entirely heading into Q2. Water Street Capital is also relatively very bullish on the stock, setting aside 0.14 percent of its 13F equity portfolio to WKHS. (NASDAQ:WKHS), around 0.85% of its 13F portfolio. In terms of the portfolio weights assigned to each position Antara Capital allocated the biggest weight to Workhorse Group, Inc. Citadel Investment Group, Antara Capital, and OZ Management were also very fond of the stock, becoming one of the largest hedge fund holders of the company. Trailing ARK Investment Management was Citadel Investment Group, which amassed a stake valued at $25.1 million. (NASDAQ:WKHS), with a stake worth $55.1 million reported as of the end of March.
More specifically, ARK Investment Management was the largest shareholder of Workhorse Group, Inc.
#Workhorse news today download#
You can download a sample issue of this newsletter on our website.
Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. Insider Monkey's flagship short hedge fund strategy beat the S&P 500 short ETFs by around 20 percentage points per annum since its inception in March 2017. These investment experts control bulk of all hedge funds' total asset base, and by tailing their finest equity investments, Insider Monkey has formulated numerous investment strategies that have historically outpaced Mr. While there are greater than 8000 funds in operation today, Our experts choose to focus on the moguls of this club, approximately 850 funds. To most stock holders, hedge funds are assumed to be worthless, outdated investment vehicles of yesteryear. (NASDAQ: AAWW) to get a better sense of its popularity. (NASDAQ: ATSG), and Atlas Air Worldwide Holdings, Inc. At the end of this article we will also compare WKHS to other stocks including Sykes Enterprises, Incorporated (NASDAQ: SYKE), Air Transport Services Group Inc. Our calculations also showed that WKHS isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings). The stock was in 16 hedge funds' portfolios at the end of the first quarter of 2021. Overall, hedge fund sentiment was unchanged. (NASDAQ: WKHS) shares haven't seen a lot of action during the second quarter. (NASDAQ: WKHS), so let’s take a closer look at the sentiment that surrounds it in the current quarter.
One of their picks is Workhorse Group, Inc. At Insider Monkey, we follow nearly 900 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September.
0 kommentar(er)
