The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th, 2019. In this article we are going to take a look at smart money sentiment towards Rush Enterprises, Inc. (NASDAQ:RUSHB).
Rush Enterprises, Inc. (NASDAQ:RUSHB) investors should pay attention to an increase in hedge fund interest of late. RUSHB was in 3 hedge funds’ portfolios at the end of September. There were 2 hedge funds in our database with RUSHB holdings at the end of the previous quarter. Our calculations also showed that RUSHB isn’t among the 30 most popular stocks among hedge funds.
To the average investor there are a multitude of indicators stock market investors can use to evaluate their holdings. Two of the less utilized indicators are hedge fund and insider trading interest. Our experts have shown that, historically, those who follow the best picks of the best fund managers can beat the S&P 500 by a solid margin (see the details here).
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 hedge funds‘ buy/sell signals. Let’s take a gander at the latest hedge fund action surrounding Rush Enterprises, Inc. (NASDAQ:RUSHB).
How have hedgies been trading Rush Enterprises, Inc. (NASDAQ:RUSHB)?
At Q3’s end, a total of 3 of the hedge funds tracked by Insider Monkey