11 Stocks Insiders And Hedge Funds Are Crazy About

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 |  Includes: AEO, AFL, MAS, NAV, OXY, PLL, PXD, SFD, SHPG, VMW, XCO
by: Insider Monkey

Hedge funds devote significant resources to researching stocks. Sometimes hedge funds cross the line and try to obtain material non-public information before investing. Corporate insiders have material non-public information. Sometimes they trade based on it. Other times they have an edge because they know their companies and industries better than almost all investors. We believe that by imitating the stock picks of these smartest investors in the world, investors are more likely to beat the market in the long term.

Below we compiled a list of 28 stocks that have insider purchases last week and held by at least 14 hedge funds followed by us.

Company Name

ticker

No. of Insiders

Hedge funds

YTD Return

Occidental Petroleum

OXY

1

44

-20.28%

EXCO Resources Inc

XCO

2

35

-39.58%

Navistar International

NAV

1

32

-38.32%

VMware, Inc.

VMW

1

32

-5.22%

Pall Corporation

PLL

1

27

-11.77%

AFLAC Incorporated

AFL

1

26

-42.30%

Masco Corporation

MAS

1

23

-43.41%

Pioneer Natural Resources

PXD

1

23

-20.42%

American Eagle Outfitters

AEO

2

20

-14.79%

ViroPharma Incorporated

VPHM

2

19

3.54%

Smithfield Foods, Inc.

SFD

7

18

-6.26%

Terex Corporation

TEX

1

18

-63.94%

The Talbots, Inc.

TLB

2

18

-67.57%

Ascena Retail Group Inc

ASNA

1

17

1.62%

Clear Channel Outdoor

CCO

1

17

-29.31%

Clearwire Corporation

CLWR

1

17

-51.98%

H&R Block, Inc.

HRB

4

17

13.63%

Kronos Worldwide, Inc.

KRO

2

17

-16.64%

Great Lakes Dredge & Dock

GLDD

1

15

-42.70%

Kraton Performance Polymers

KRA

1

15

-46.03%

Patriot Coal Corporation

PCX

1

15

-50.44%

Arthur J. Gallagher & Co.

AJG

1

14

-6.22%

Ascent Capital Group Inc

ASCMA

1

14

3.25%

Dycom Industries, Inc.

DY

1

14

10.40%

National Fuel Gas Co.

NFG

1

14

-19.75%

Oil States International, Inc.

OIS

1

14

-17.44%

Titanium Metals Corp

TIE

2

14

-9.85%

ValueVision Media, Inc.

VVTV

2

14

-53.86%

Click to enlarge

Occidental Petroleum Corporation (NYSE:OXY): Occidental is an oil and gas company. OXY was purchased by one insider over the past week and was held by 44 hedge funds. It has a market cap of $64.79 billion, a P/E ratio of 11.49, and lost 20.28% since the beginning of this year. Ralph V. Whitworth had $690 million of OXY shares. Ken Fisher also invested $519 million in OXY (see Ken Fisher’s top stock picks here).

EXCO Resources Inc (NYSE:XCO): EXCO is an independent oil and natural gas company. XCO was purchased by two insiders over the past week and was held by 35 hedge funds. It has a market cap of $2.66 billion, a P/E ratio of 28.18, and lost 39.58% since the beginning of this year. Howard Marks invested over $600 million in XCO shares.

Navistar International Corporation (NYSE:NAV): Navistar is a manufacturer of vehicles. NAV was purchased by one insider over the past week and was held by 32 hedge funds. It has a market cap of $2.69 billion, a P/E ratio of 1.89, and lost 38.32% since the beginning of this year. Jeffrey Altman had $388 million invested in NAV.

VMware, Inc. (NYSE:VMW): VMware, Inc. is a provider of virtualization solutions from the desktop to the data center. VMW was purchased by one insider over the past week and was held by 32 hedge funds. It has a market cap of $37.76 billion, a P/E ratio of 69.69, and lost 5.22% since the beginning of this year. Jim Simons had $76 million of VMW shares (check out Simons’ top stock picks).

Pall Corporation (NYSE:PLL): Pall Corporation is a supplier of filtration, separation and purification technologies. PLL was purchased by one insider over the past week and was held by 27 hedge funds. It has a market cap of $5.22 billion, a P/E ratio of 16.82, and lost 11.77% since the beginning of this year. Dan Loeb invested more than $100 million in PLL stocks.

AFLAC Incorporated (NYSE:AFL): Aflac’s principal business is supplemental health and life insurance. AFL was purchased by one insider over the past week and was held by 26 hedge funds. It has a market cap of $16.27 billion, a P/E ratio of 9.14, and lost 42.30% since the beginning of this year. Robert Pohly and Bill Miller both had over $100 million invested in AFL.

Masco Corporation (NYSE:MAS): Masco Corporation manufactures, distributes and installs home improvement and building products. MAS was purchased by one insider over the past week and was held by 23 hedge funds. It has a market cap of $2.78B and lost 43.41% since the beginning of this year. James Dinan invested over $100 million in MAS shares.

Pioneer Natural Resources (NYSE:PXD): Pioneer Natural Resources is an independent oil and gas exploration and production company with existing operations in the United States and South Africa. PXD was purchased by one insider over the past week and was held by 23 hedge funds. It has a market cap of $8.54 billion, a P/E ratio of 31.63, and lost 20.42% since the beginning of this year. John H. Scully had $941 million of PXD shares. Jean-Marie Eveillard also had over $100 million of PXD (check out Eveillard’s top stock picks).

American Eagle Outfitters (NYSE:AEO): American Eagle Outfitters is an apparel and accessories retailer. AEO was purchased by two insiders over the past week and was held by 20 hedge funds. It has a market cap of $2.40 billion, a P/E ratio of 14.40, and lost 14.79% since the beginning of this year. Chuck Royce had $171 million of AEO stocks.

ViroPharma Incorporated (VPHM): ViroPharma is a global biotechnology company. VPHM was purchased by two insiders over the past week and was held by 19 hedge funds. It has a market cap of $1.42 billion, a P/E ratio of 11.87, and returned 3.54% since the beginning of this year. Julian Baker and Felix Baker invested $179 million in VPHM.

Smithfield Foods, Inc. (NYSE:SFD): Smithfield Foods produces and markets a range of fresh meat and packaged meat products. SFD was purchased by seven insiders over the past week and was held by 18 hedge funds. It has a market cap of $3.13 billion, a P/E ratio of 6.08, and lost 6.26% since the beginning of this year. Jim Simons had $43 million invested in SFD shares.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.