Published on 26 Oct 2021 on Insider Monkey via Yahoo Finance
Where Do Hedge Funds Stand On Merus N.V. (MRUS)?
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 873 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June 30th, 2021. In this article we are going to take a look at smart money sentiment towards Merus N.V. (NASDAQ:MRUS).
Hedge fund interest in Merus N.V. (NASDAQ:MRUS) shares was flat at the end of last quarter. This is usually a negative indicator. Our calculations also showed that MRUS isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings). At the end of this article we will also compare MRUS to other stocks including BioXcel Therapeutics, Inc. (NASDAQ:BTAI), Amerant Bancorp Inc. (NASDAQ:AMTB), and Chico's FAS, Inc. (NYSE:CHS) to get a better sense of its popularity.
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 monthly stock picks returned 185.4% since March 2017 and outperformed the S&P 500 ETFs by more than 79 percentage points (see the details here). That's why we believe hedge fund sentiment is a useful indicator that investors should pay attention to.