Apple Inc. (AAPL) saw strong performance over the past 12 months, outperforming the S&P 500 and rising by approximately 86.7% compared to the S&P’s gain of about 17.2%. Despite strong growth, hedge funds and institutions actively sold the stock in the third quarter, which explains the company’s recent slide in rating on the WhaleWisdom Heat Map to 40 from 4.
On June 22, Portolan Capital Management LLC filed a 13G disclosing it owned 5.61% of the online lender’s shares. A 13G must be filed by a passive investor within 10 days of acquiring 5% or more of a public company. Portolan disclosed that it crossed the 5% ownership of ONDK on June 13.
John C. Goff, a Texas Billionaire investor and chairman of Fort Worth-based Crescent Real Estate, filed a 13D on June 13 disclosing an 18.3% position in Houston-based Contango Oil and Gas ( MCF $5.91).
One of the best ways to profit from experts who have skin in the game is by following the public filings of corporate insiders — legal insider trading.
MercadoLibre was the hottest stock in the fourth-quarter surging by over 21 percent, easily outpacing the S&P 500’s return of only 6 percent. According to the WhaleWisdom 13F heatmap, the company was the number one stock amongst institutions in the fourth quarter.