See Which Of The Latest 13F Filers Holds Alphabet

At Holdings Channel , we have reviewed the latest batch of the 21 most recent 13F filings for the 03/31/2017 reporting period, and noticed that Alphabet Inc (Symbol: GOOG) was held by 15 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.

Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that…

Article Source…

Leave a Reply

Your email address will not be published. Required fields are marked *