Did Hedge Funds Drop The Ball On Humana Inc (HUM)?

Is Humana Inc (NYSE:HUM) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. It’s not surprising given that hedge funds have access to better information and more resources to predict the winners in the stock market.

Humana Inc (NYSE:HUM) was in 61 hedge funds’ portfolios at the end of the third quarter of 2019. HUM shareholders have witnessed a decrease in activity from the world’s largest hedge funds lately. There were 62 hedge funds in our database with HUM holdings at the end of the previous quarter. Our calculations also showed that HUM isn’t among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video below for Q2 rankings).

Video: Click the image to watch our video about the top 5 most popular hedge fund stocks.

In the 21st century investor’s toolkit there are a large number of methods stock market investors have at their disposal to appraise their holdings. A duo of the most under-the-radar methods are hedge fund and insider trading indicators. Our researchers have shown that, historically, those who follow the best picks of the elite money managers can outclass the market by a solid amount (see the details here).

Larry Robbins of Glenview Capital

Unlike the largest US hedge funds that are convinced Dow will soar past 40,000 or the world’s most bearish hedge fund that’s more convinced than ever that a crash is coming, our long-short investment strategy doesn’t rely on bull or bear markets to deliver double digit returns. We only rely on the best performing

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