Do Hedge Funds Love New Oriental Education & Technology Group Inc. (EDU)?
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 823 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 June 30th, when the S&P 500 Index was trading around the 3100 level. Stocks kept going up since then. In this article we look at how hedge funds traded New Oriental Education & Technology Group Inc. (NYSE:EDU) and determine whether the smart money was really smart about this stock.
New Oriental Education & Technology Group Inc. (NYSE:EDU) investors should be aware of a decrease in activity from the world’s largest hedge funds of late. New Oriental Education & Technology Group Inc.