Is Comcast Corporation (CMCSA) A Good Stock To Buy?

CMCSA) based on that data and determine whether they were really smart about the stock.” data-reactid=”12″>Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find articles about an individual hedge fund’s trades on numerous financial news websites. However, in this article we will take a look at their collective moves over the last 5 years and analyze what the smart money thinks of Comcast Corporation (NASDAQ:CMCSA) based on that data and determine whether they were really smart about the stock.

CMCSA) investors should pay attention to a decrease in support from the world’s most elite money managers of late.Comcast Corporation (NASDAQ:CMCSA) was in 80 hedge funds’ portfolios at the end of June. The all time high for this statistics is 105. There were 83 hedge funds in our database with CMCSA positions at the end of the previous quarter. Our calculations also showed that CMCSA isn’t among the 30 most popular stocks among hedge funds (click for Q2 rankings and see the video for a quick look at the top 5 stocks). Video: Watch our video about the top 5 most popular hedge fund stocks.” data-reactid=”13″>Comcast Corporation (NASDAQ:CMCSA) investors should pay attention to a decrease in support from the world’s most elite money managers of late.Comcast Corporation (NASDAQ:CMCSA) was in 80 hedge funds’ portfolios at the end of June. The all time high for this statistics is 105. There were 83 hedge funds in our database with CMCSA positions at the end of the previous quarter. Our calculations also showed that CMCSA isn’t among the 30 most popular stocks among hedge funds (click for Q2 rankings and see the video for a quick look at the top 5 stocks). Video: Watch our video about the top 5 most popular hedge fund stocks.

see the details here). We were also able to identify in advance a select group of hedge fund holdings that’ll significantly underperform the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 34% through August 17th. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to.” data-reactid=”19″>Why do we pay any attention at all to hedge fund sentiment? Our research has shown that a select group of hedge fund holdings outperformed the S&P 500 ETFs by 56 percentage points since March 2017 (see the details here). We were also able to identify in advance a select group of hedge fund holdings that’ll significantly underperform the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 34% through August 17th. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to.

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Andreas Halvorsen of Viking Global

this under-the-radar stock to identify the next tenbagger. Currently, investors are pessimistic about commercial real estate investments. So, we are checking out this contrarian play to diversify our market exposure. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. Now let’s review the latest hedge fund action regarding Comcast Corporation (NASDAQ:CMCSA).” data-reactid=”41″>At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, legal marijuana is one of the fastest growing industries right now, so we are checking out ideas like this under-the-radar stock to identify the next tenbagger. Currently, investors are pessimistic about commercial real estate investments. So, we are checking out this contrarian play to diversify our market exposure. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. Now let’s review the latest hedge fund action regarding Comcast Corporation (NASDAQ:CMCSA).

Hedge fund activity in Comcast Corporation (NASDAQ:CMCSA)

Heading into the third quarter of 2020, a total of 80 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -4% from one quarter earlier. On the other hand, there were a total of 86 hedge funds with a bullish position in CMCSA a year ago. So, let’s review which hedge funds were among the top holders of the stock and which hedge funds were making big moves.

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3G Sahana Capital Management allocated the biggest weight to Comcast Corporation (NASDAQ:CMCSA), around 31.29% of its 13F portfolio. BlueDrive Global Investors is also relatively very bullish on the stock, dishing out 18.93 percent of its 13F equity portfolio to CMCSA.” data-reactid=”60″>Among these funds, Eagle Capital Management held the most valuable stake in Comcast Corporation (NASDAQ:CMCSA), which was worth $1834.6 million at the end of the third quarter. On the second spot was Viking Global which amassed $1111.9 million worth of shares. Orbis Investment Management, First Pacific Advisors LLC, and Soroban Capital Partners were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position 3G Sahana Capital Management allocated the biggest weight to Comcast Corporation (NASDAQ:CMCSA), around 31.29% of its 13F portfolio. BlueDrive Global Investors is also relatively very bullish on the stock, dishing out 18.93 percent of its 13F equity portfolio to CMCSA.