- June 24, 2021
- Posted by: Stratford Team
- Category: Business
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 866 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. In this article we are going to take a look at smart money sentiment towards International Business Machines Corp. (NYSE:IBM).
International Business Machines Corp. (NYSE:IBM) investors should pay attention to a decrease in hedge fund sentiment lately. International Business Machines Corp. (NYSE:IBM) was in 41 hedge funds’ portfolios at the end of the first quarter of 2021. The all time high for this statistic is 63. Our calculations also showed that IBM isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).
Hedge funds’ reputation as shrewd investors has been tarnished in the last decade as their hedged…