Published on 4 Feb 2022 on Insider Monkey via Yahoo Finance
Did The Smart Money Play Invesco Ltd. (IVZ) Correctly?
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. We at Insider Monkey have plowed through 867 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of September 30th. Hedge funds' consensus stock picks performed spectacularly over the last 3 years, but 2022 hasn't been kind to hedge funds. In this article we look at how hedge funds traded Invesco Ltd. (NYSE:IVZ) and determine whether the smart money was really smart about this stock.
Invesco Ltd. (NYSE:IVZ) investors should pay attention to a decrease in support from the world's most elite money managers of late. Invesco Ltd. (NYSE:IVZ) was in 38 hedge funds' portfolios at the end of September. The all time high for this statistic is 40. There were 40 hedge funds in our database with IVZ holdings at the end of June. Our calculations also showed that IVZ isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings).
