Published on 4 Oct 2021 on Insider Monkey via Yahoo Finance

Is Trean Insurance Group, Inc. (TIG) Going to Burn These Hedge Funds?

Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 900 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. One of their picks is Trean Insurance Group, Inc. (NASDAQ:TIG), so let’s take a closer look at the sentiment that surrounds it in the current quarter.

Trean Insurance Group, Inc. (NASDAQ:TIG) was in 10 hedge funds' portfolios at the end of June. The all time high for this statistic is 14. TIG investors should pay attention to a decrease in hedge fund interest of late. There were 11 hedge funds in our database with TIG holdings at the end of March. Our calculations also showed that TIG isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings).

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.