Zynga Inc (ZNGA)

[Trevor11]

ZNGA: LONG,HEDGE,FUND,MANAGERS/SUPERINVESTORS,UPPING,THEIR ZNGA,STAKES,SUBSTANTIALLY




Published on December 1, 2015 at 5:17 pm by Maja Jovelic in Hedge Funds,News



Hedge fund activity in Zynga Inc(NASDAQ:ZNGA)


AT THE END OF THE THIRD QUARTER, A TOTAL OF 26 OF THE HEDGE FUNDS TRACKED BY INSIDER MONKEY WERE LONG THIS STOCK...


...THERE EXISTS A FEW NOTABLE HEDGE FUND MANAGERS WHO WERE UPPING THEIR STAKES SUBSTANTIALLY (or already accumulated large positions).



Follow Zynga Inc (NASDAQ:ZNGA)

In the eyes of most shareholders, hedge funds are seen as slow, old financial vehicles of the past. While there are greater than 8000 funds trading at present, Our experts choose to focus on the crème de la crème of this group, around 700 funds. These hedge fund managers manage bulk of the smart money’s total asset base, and by monitoring their first-class investments, Insider Monkey has unearthed a number of investment strategies that have historically outperformed Mr. Market. Insider Monkey’s small-cap hedge fund strategy outstripped the S&P 500 index by 12 percentage points per year for a decade in their back tests...

Now, we’re going to take a glance at the new action encompassing Zynga Inc (NASDAQ:ZNGA).
Hedge fund activity in Zynga Inc (NASDAQ:ZNGA)



When looking at the institutional investors followed by Insider Monkey, Ricky Sandler’s Eminence Capital has the biggest position in Zynga Inc (NASDAQ:ZNGA), worth close to $166.8 million, amounting to 2.6% of its total 13F portfolio. Sitting at the No. 2 spot is Luxor Capital Group, led by Christian Leone, holding a $97.7 million position; 2.2% of its 13F portfolio is allocated to the company. Some other professional money managers that hold long positions encompass Ken Griffin’s Citadel Investment Group, Israel Englander’s Millennium Management and Marc Majzner’s Clearline Capital...


...Zynga Inc (NASDAQ:ZNGA) is more popular among hedge funds. CONSIDERING THAT HEDGE FUNDS ARE FOND OF THIS STOCK IN RELATION TO ITS MARKET CAP PEERS, IT MAY BE A GOOD IDEA TO ANALYZE IT IN DETAIL AND POTENTIALLY INCLUDE IT IN YOUR PORTFOLIO.


Source:

www.insidermonkey.com/blog/is-zynga-inc-znga-a-good-stock-to-buy-397035/