Published on 26 Oct 2021 on Insider Monkey via Yahoo Finance

Xylem Inc (XYL): Hedge Funds In Wait-and-See Mode

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 Xylem Inc (NYSE:XYL).

Hedge fund interest in Xylem Inc (NYSE:XYL) shares was flat at the end of last quarter. This is usually a negative indicator. Our calculations also showed that XYL 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 XYL to other stocks including Fox Corporation (NASDAQ:FOXA), PPL Corporation (NYSE:PPL), and 10x Genomics, Inc. (NASDAQ:TXG) to get a better sense of its popularity.

To the average investor there are many gauges investors can use to grade stocks. A pair of the best gauges are hedge fund and insider trading moves. Our researchers have shown that, historically, those who follow the best picks of the top investment managers can outperform the broader indices by a healthy amount (see the details here). Also, our monthly newsletter's portfolio of long stock picks returned 185.4% since March 2017 (through August 2021) and beat the S&P 500 Index by more than 79 percentage points. You can download a sample issue of this newsletter on our website.