Economy Is Saber Corporation (SABR) a good stock to buy?

Is Saber Corporation (SABR) a good stock to buy?

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "We hate to say that, but we have it Told You On February 27th we published an article entitled Recession is imminent: we need a travel ban NOW and predicted a US recession when the S&P 500 index was trading at 3150. We also told you to sell the market short and buy long-term government bonds. Our article also called for a total international travel ban. While we warned you, President Trump minimized the threat and didn’t respond immediately. As a result of his inaction, we will now experience a deeper recession (see why hell is coming). “Data-reactid =” 12 “> We hate to say that, but we told you so. On February 27th we published an article entitled Recession is imminent: we need a travel ban NOW and predicted a US recession when the S&P 500 index was trading at 3150. We also told you to sell the market short and buy long-term government bonds. Our article also called for a total international travel ban. While we warned you, President Trump minimized the threat and didn’t respond immediately. As a result of his inaction, we will now experience a deeper recession (see why hell is coming).

In these volatile markets, we’re reviewing hedge fund filings to find out which direction each stock could go. Insider Monkey has processed a number of 13F filings with the United States Securities and Exchange Commission so that individual investors can see the general mood of hedge funds regarding the stocks included in their watch lists. These freshly filed public filings disclose money managers’ equity positions at the end of the three-month period that ended on December 31. So let’s continue with the discussion of hedge fund sentiment about Saber Corporation (NASDAQ: SABR).

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Is Saber Corporation (NASDAQ: SABR) the right investment to track these days? The smart money reduces their bets on the stock. The number of long hedge fund bets has decreased by 5 recently. Our calculations have also shown that SABR is not among the 30 most popular stocks among hedge funds (click for the Q4 ranking and watch the video at the end of this article for the Q3 ranking). “Data reactid =” 14 “> Is Saber Corporation (NASDAQ: SABR) the right investment to track these days? The smart money reduces their bets on the stock. The number of long hedge fund bets has decreased by 5 recently. Our calculations have also shown that SABR is not among the 30 most popular stocks among hedge funds (click for the Q4 ranking and watch the video at the end of this article for the Q3 ranking).

So why do we pay attention to the mood in hedge funds before we make investment decisions? Our research has shown that small-cap stocks in hedge funds have managed to hit the market in double digits annually between 1999 and 2016, but the margin of outperformance has decreased in recent years. Nevertheless, we were able to identify in advance a selected group of hedge fund holdings that have outperformed the S&P 500 ETFs by more than 41 percentage points since March 2017 (see details here). We also pre-identified a select group of hedge fund holdings that underperformed the market by 10 percentage points between 2006 and 2017. Interestingly, the underperformance margin of these stocks has increased in recent years. Investors who have been in the market for a long time and sell these stocks would have achieved an annual return of more than 27% between 2015 and 2017. Since February 2017, we have been tracking and sharing the list of these stocks in our quarterly newsletter. Even if you are not familiar with the short sale of stocks, you should at least avoid opening long positions in stocks that are in our short portfolio.

David E. Shaw from D.E. Shaw

David E. Shaw from D.E. Shaw

David E. Shaw from D.E. Shaw

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "We don't leave any stone unturned when we look for the Find Next For example, we recently identified a stock that is 25% below net cash on our balance sheet, read letters from hedge fund investors, listen to stock pitches at hedge fund conferences, and make short-term trading recommendations such as this. We even review the recommendations from Services with a track record that is hard to believe. Our best call in 2020 was the short sale of the market when the S&P 500 was trading around 3150 after realizing the importance of the coronavirus pandemic before most investors. With this in mind, we will look at the new hedge fund action related to Saber Corporation (NASDAQ: SABR). “Data-reactid =” 37 “> We’ll do our best to find the next great investment idea. Example: We recently identified a stock that is 25% below net cash on its balance sheet. We read the letters from hedge funds – Investors and listen to the share talks at hedge fund conferences and make short-term trading recommendations such as this. We even review the recommendations from Services with a track record that is hard to believe. Our best call in 2020 was the short sale of the market when the S&P 500 was trading around 3150 after realizing the importance of the coronavirus pandemic before most investors. With this in mind, we will look at the new hedge fund action related to Saber Corporation (NASDAQ: SABR).

Hedge Fund Activities at Saber Corporation (NASDAQ: SABR)

At the end of the fourth quarter, a total of 24 of the hedge funds covered by Insider Monkey held long positions in this stock, a change of -17% compared to the previous quarter. The following graphic shows the number of hedge funds with a bullish position in SABR in the last 18 quarters. As hedge fund positions go through their usual ups and downs, there is a select group of notable hedge fund managers who have significantly increased their holdings (or have already accumulated large positions).

Is SABR a good stock to buy?Is SABR a good stock to buy?

Is SABR a good stock to buy?

Among these funds, D E Shaw held the most valuable holding in Saber Corporation (NASDAQ: SABR), which was valued at $ 52 million at the end of the third quarter. In second place was Millennium Management, which accumulated $ 35.8 million in shares. Echo Street Capital Management, two Sigma consultants and Renaissance Technologies were also very impressed with the share and became one of the company’s largest hedge fund holders. In terms of portfolio weights assigned to each position, MD Sass assigned the largest weight to Saber Corporation (NASDAQ: SABR) with around 3.44% of its 13F portfolio. AlphaOne Capital Partners is also relatively optimistic about the stock, providing 0.87 percent of its 13F stock portfolio for SABR.

With Saber Corporation (NASDAQ: SABR) experiencing a decline in interest across the hedge fund industry, we can see that there was a certain group of fund managers that completely reduced their positions to the fourth quarter. Interestingly, Jeffrey Talpins’ Capital Management element dropped most of all of the $ 19.9 million hedgies observed by Insider Monkey, and Dmitry Balyasny’s Balyasny Asset Management was right behind this move when the fund was worth sold approximately $ 7.8 million. These steps are interesting as hedge fund total interest rates fell 5 funds in the fourth quarter.

Let’s also look at hedge fund activity in other stocks – not necessarily in the same industry as Saber Corporation (NASDAQ: SABR), but valued similarly. These shares are Israel Chemicals Ltd. (NYSE: ICL), Lumentum Holdings Inc. (NASDAQ: LITE), Cullen / Frost Bankers, Inc. (NYSE: CFR) and Knight Transportation Inc. (NYSE: KNX). The market valuations of this group of stocks are consistent with SABR’s market valuations.

[table] Ticker, number of HFs with positions, total value of HF positions (x1000), change of HF position ICL, 6.14809.1 LITE, 37.490022.7 CFR, 18.58785, -4 KNX, 26.342433.3 average 21.75.226512, 1.75 [/table]

View the table here if formatting problems occur.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As you can see, these stocks had an average of 21 , 75 hedge funds with bullish positions and an average amount invested in these stocks were $ 227 million, compared to $ 205 million in the case of SABR, Lumentum Holdings Inc (NASDAQ: LITE) is the most popular stock in On the other hand, Israel Chemicals Ltd. (NYSE: ICL) is the least popular stock with only 6 bullish hedge fund positions and Saber Corporation (NASDAQ: SABR) is not the most popular stock in this group, but interest hedge funds are still above average, which is a slightly positive signal, but we'd rather spend our time investigating stocks that hedge funds are heaping on. Our calculations show that the 20 most popular hedge fund stocks will return in 2019 of 41.3% and the S & P 500 ETF (SPY) outperformed by 10.1 percentage points. Shares lost 17.4% in 2020 through March 25, but outperformed the market by 5.5 percentage points. Unfortunately, SA BR was nowhere near as popular as these 20 stocks and hedge funds that bet on SABR disappointed as the stock returned -72.8% over the same period and underperformed the market. If you want to invest in large-cap stocks with great upside potential, you should look at the 20 most popular stocks among hedge funds, as many of these stocks have already outperformed the market this year. Video: Click the image to watch our video about the 5 most popular hedge fund stocks.“data-reactid =” 69 “> As you can see, these stocks had an average of 21.75 hedge funds with bullish positions, and the average amount invested in these stocks was $ 227 million, which was the case from SABR $ 205 million, Lumentum Holdings Inc (NASDAQ: LITE) is the most popular stock in this table, while Israel Chemicals Ltd. (NYSE: ICL) is the least popular with only 6 bullish hedge fund positions. Saber Corporation (NASDAQ : SABR) is not the most popular stock in this group, but interest in hedge funds is still above average, which is a slightly positive signal, but we’d rather spend our time researching stocks that hedge funds are stacked on Calculations have shown that the 20 most popular hedge fund stocks have returned 41.3% in 2019, exceeding the S&P 500 ETF (SPY) by 10.1 percentage points, and these stocks lost 2020 through M 25 March 17.4%, but outperformed the market by 5.5 percentage points. Unfortunately, SABR was not nearly as popular as the 20 stocks and hedge funds we were betting on SABR again, as the stock returned -72.8% over the same period and underperformed the market. If you want to invest in large-cap stocks with great upside potential, you should look at the 20 most popular stocks among hedge funds, as many of these stocks have already outperformed the market this year. Video: Click the image to watch our video about the 5 most popular hedge fund stocks.

5 most popular stocks among hedge funds5 most popular stocks among hedge funds

5 most popular stocks among hedge funds

Disclosure: none. This article was originally published by Insider Monkey.

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Related content“data-reactid =” 83 “>Related content

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