Should You Buy Liberty Global Plc (NASDAQ:LBTYK)?

We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those investors think of Liberty Global Plc (NASDAQ:LBTYK).

Liberty Global Plc (NASDAQ:LBTYK) was in 41 hedge funds’ portfolios at the end of the third quarter of 2018. LBTYK shareholders have witnessed an increase in hedge fund sentiment lately. There were 40 hedge funds in our database with LBTYK holdings at the end of the previous quarter. Our calculations also showed that LBTYK isn’t among the 30 most popular stocks among hedge funds.

In the financial world, there are a large number of tools investors have at their disposal to grade stocks. A pair of the most under-the-radar tools are hedge fund and insider trading indicators. We have shown that, historically, those who follow the top picks of the best fund managers can outperform the broader indices by a solid amount. Insider Monkey’s flagship best performing hedge funds strategy returned 6.3% year to date (through December 3rd) and outperformed the market even though it draws its stock picks among small-cap stocks. This strategy also outperformed the market by 18 percentage points since its inception (see the details here). That’s why we believe hedge fund sentiment is a useful indicator that investors should pay attention to.

Boykin Curry of Eagle Capital

We’re going to take a glance at the recent hedge fund action surrounding Liberty Global Plc (NASDAQ:LBTYK).

How have hedgies been trading Liberty Global Plc (NASDAQ:LBTYK)?

At Q3’s end, a total of 41 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 3% from the second quarter of 2018.

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