Alta Mesa Resources Inc. (fka AMRQQ)

[boston127]

AMR was in 16 hedge funds' portfolios.

At the end of the first quarter, a total of 16 of the hedge funds tracked by Insider Monkey were long this stock, a change of -16% from the fourth quarter of 2018.


AMR investors should be aware of a decrease in enthusiasm from smart money recently. There were 19 hedge funds in our database with AMR positions at the end of the previous quarter. Our calculations also showed that amr isn't among the 30 most popular stocks among hedge funds.

However, we were able to identify in advance a select group of hedge fund holdings that outperformed the market by 40 percentage points since May 2014 through May 30, 2019 (see the details here). We were also able to identify in advance a select group of hedge fund holdings that'll significantly underperform the market.

Hedge fund activity in Alta Mesa Resources, Inc. (NASDAQ:AMR)

With hedge funds' positions undergoing their usual ebb and flow, there exists an "upper tier" of noteworthy hedge fund managers who were upping their stakes considerably (or already accumulated large positions).