Investment Process
for …. Tieton http://bit.ly/2fjdMtJ
: Heartland Value http://bit.ly/2fFJt4K
Royce http://bit.ly/2e3tNYs Ariel http://bit.ly/2ef5X7e Kennedy Capital http://bit.ly/2ef7KcL
One discovery approach is to measure the institution's idea conviction. For this post I took total capital expended on each stock using recent 13F. Then calculated as a percentage to the aggregated dollar value and dollar change. This ratio along with other variations used to uncover anomalies of conviction.
For example
Amount purchased for each stock in the 13F this quarter / $ amount of the entire institutional portfolio by quarterly $ change or total $ value held. And various permutations.
These are a few findings . The first cut eliminated stocks above 300M for all 5 institutional 13F reports.
Review supporting details and do your own discovery. Click to see the data in GoogleSheets. http://bit.ly/2esXtN7
or a more complete database with over 64 insitutions 13F filings by Value Institutions dropped into an interactive table in Tableau CLICK to discover new ideas
http://bit.ly/2etGRFj
Price performance Updated
Click for quotes on the table above
Note EMKR was introduced on 10/13/16 at $5.35 based on aggressive short covering, long term debt reduction and outstanding share count reduction from 2013 to the MRQ. http://bit.ly/2e49w5f
This table takes the same Value institutions and conviction measured by shares purchased in the most recent reported quarter or held aggregated to the total shares outstanding.
Price performance Updated
Click for the stocks in the table above
