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Published on 8 Nov 2021 on Insider Monkey via Yahoo Finance

Were Hedge Funds Right About SVB Financial Group (SIVB)?


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How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don't always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let’s take a look at the recent hedge fund activity surrounding SVB Financial Group (NASDAQ:SIVB).

Hedge fund interest in SVB Financial Group (NASDAQ:SIVB) shares was flat at the end of last quarter. This is usually a negative indicator. Our calculations also showed that SIVB 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 SIVB to other stocks including Public Service Enterprise Group Incorporated (NYSE:PEG), Sun Life Financial Inc. (NYSE:SLF), and Ecopetrol S.A. (NYSE:EC) 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.

NASDAQ.SIVB price evolution
NYSE.PEG price evolution
NYSE.NOK price evolution
NYSE.EC price evolution
NYSE.SLF price evolution
TSX.SLF price evolution

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