Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an individual investor’s stock selection process, as it may offer great insights of how the brightest minds of the finance industry feel about specific stocks. After all, these people have access to smartest analysts and expensive data/information sources that individual investors can’t match. So should one consider investing in Lincoln National Corporation (NYSE:LNC)? The smart money sentiment can provide an answer to this question.
Lincoln National Corporation (NYSE:LNC) has seen a decrease in hedge fund sentiment lately. Our calculations also showed that LNC isn’t among the 30 most popular stocks among hedge funds (view the video below).
Video: Click the image to watch our video about the top 5 most popular hedge fund stocks.
At the moment there are several methods stock market investors put to use to evaluate publicly traded companies. Some of the most underrated methods are hedge fund and insider trading sentiment. We have shown that, historically, those who follow the best picks of the best fund managers can outperform the broader indices by a very impressive amount (see the details here).
Unlike some fund managers who are betting on Dow reaching 40000 in a year, our long-short investment strategy doesn’t rely on bull markets to deliver double digit returns. We only rely on hedge fund buy/sell signals. We’re going to take a look at the recent hedge fund action regarding Lincoln National Corporation (NYSE:LNC).
Hedge fund activity in Lincoln National Corporation (NYSE:LNC)
At the end of the second quarter, a total of 35