Published on 18 Oct 2021 on Insider Monkey via Yahoo Finance
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period that ended June 30th, so let’s proceed with the discussion of the hedge fund sentiment on Uniqure NV (NASDAQ:QURE).
Is Uniqure NV (NASDAQ:QURE) the right pick for your portfolio? Hedge funds were turning bullish. The number of long hedge fund bets inched up by 3 recently. Uniqure NV (NASDAQ:QURE) was in 28 hedge funds' portfolios at the end of June. The all time high for this statistic is 49. Our calculations also showed that QURE isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings). There were 25 hedge funds in our database with QURE positions at the end of the first quarter.
Why do we pay any attention at all to hedge fund sentiment? Our research has shown that a select group of hedge fund holdings outperformed the S&P 500 ETFs by 79 percentage points since March 2017 (see the details here). That's why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to.