Were Hedge Funds Right About Silgan Holdings Inc. (SLGN)?
At Insider Monkey, we pore over the filings of nearly 866 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of March 31st. In this article, we will use that wealth of knowledge to determine whether or not Silgan Holdings Inc. (NASDAQ:SLGN) makes for a good investment right now.
Silgan Holdings Inc. (NASDAQ:SLGN) was in 17 hedge funds’ portfolios at the end of March. The all time high for this statistic is 20. SLGN investors should be aware of an increase in activity from the world’s largest hedge funds in recent months. There were 16 hedge funds in our database with SLGN positions at the end of the fourth quarter. Our calculations also showed that SLGN isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).
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