We will take a look at The Sherwin-Williams Company (NYSE: SHW), The Bank of Nova Scotia (NYSE: BNS), CME Group Inc (NASDAQ: CME), NetEase, Inc (NASDAQ: NTES), The Southern Company (NYSE: SO), Enbridge Inc (NYSE: ENB), and Intercontinental Exchange Inc (NYSE: ICE). Let's also examine hedge fund activity in other stocks similar to Autodesk, Inc. The other funds with brand new ADSK positions are Josh Resnick's Jericho Capital Asset Management, Steve Cohen's Point72 Asset Management, and John Smith Clark's Southpoint Capital Advisors. Alok Agrawal's Bloom Tree Partners also initiated a $44 million position during the quarter. Balyasny Asset Management had $65.4 million invested in the company at the end of the quarter. Balyasny Asset Management, managed by Dmitry Balyasny, initiated the most valuable position in Autodesk, Inc. Now, key hedge funds have jumped into Autodesk, Inc.
Blue Whale Capital is also relatively very bullish on the stock, earmarking 8.83 percent of its 13F equity portfolio to ADSK. (NASDAQ:ADSK), around 17.41% of its 13F portfolio. In terms of the portfolio weights assigned to each position Marlowe Partners allocated the biggest weight to Autodesk, Inc. Other investors bullish on the company included Impax Asset Management, Alkeon Capital Management, and Fisher Asset Management. It was followed by Cantillon Capital Management with a $390.7 million position. (NASDAQ:ADSK) was held by Lone Pine Capital, which reported holding $675.6 million worth of stock at the end of December. There were 65 hedge funds in our database with ADSK holdings at the end of September. Our calculations also showed that ADSK isn't among the 30 most popular stocks among hedge funds (click for Q4 rankings). The all time high for this statistic is 67. (NASDAQ: ADSK) was in 66 hedge funds' portfolios at the end of December. The number of long hedge fund positions went up by 1 lately. Is Autodesk ( ADSK) stock a buy or sell? Prominent investors were taking an optimistic view. In this article, we analyze how these elite funds and prominent investors traded Autodesk, Inc. We at Insider Monkey have made an extensive database of more than 887 of those established hedge funds and famous value investors' filings. The latest round of 13F filings disclosed the funds' positions on December 31st. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter.